BVCM: A comprehensive and flexible toolkit for whole system biomass value chain analysis and optimisation – Mathematical formulation
Sheila Samsatli,
Nouri J. Samsatli and
Nilay Shah
Applied Energy, 2015, vol. 147, issue C, 160 pages
Abstract:
This paper presents the novel MILP formulation of the Biomass Value Chain Model (BVCM), a comprehensive and flexible optimisation toolkit that models a large number of bioenergy system pathways. The model accounts for the economic and environmental impacts associated with the end-to-end elements of a pathway: crop production, conversion technologies, transport, storage, local purchase, import (from abroad), sale and disposal of resources, as well as CO2 sequestration by CCS technologies and forestry. It supports decision-making around optimal use of land, biomass resources and technologies with respect to different objectives, scenarios and constraints. Objectives include minimising cost, maximising profit, minimising GHG emissions, maximising energy/exergy production or any combination of these. These objectives are combined with a number of scenarios (such as including different CO2 prices, different technology and climate scenarios, import scenarios, waste cost scenarios), different credits (e.g. by-product and end-product, CCS and forestry carbon sequestration) and a number of constraints such as minimum levels of energy production and maximum environmental impacts.
Keywords: Biomass value chains; Bioenergy; Waste conversion; Resource-Technology Network; Modelling; Optimisation (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (28)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:147:y:2015:i:c:p:131-160
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DOI: 10.1016/j.apenergy.2015.01.078
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