 Co-firing of imported wood pellets – An option to efficiently save CO2 emissions in Europe?Rita Ehrig and Frank Behrendt Energy Policy, 2013, vol. 59, issue C, 283-300 Abstract: In this paper the energy and carbon footprints of pellet imports from Australia, West Canada, and Russia for co-firing in Europe are investigated. Their ecologic and economic performances are proven by applying the Belgian and UK co-firing subsidy systems, which require dedicated sustainability evaluations. Based on the modelling of different subsidy schemes and price scenarios, the present paper identifies favourable conditions for the use of biomass co-firing in Germany and Austria, which currently do not have dedicated co-firing incentives. The present paper shows that under present conditions, co-firing has a narrow financial gap to coal with −3 to 4€ Cent/kWhel and has low CO2 mitigation costs compared to other renewables. Moreover, it is shown that co-firing is one of the most cost-attractive options to reach the EU-2020 targets. For policy makers, the support of co-firing is found to be very efficient in terms of cost-benefit ratio. It is proven that the co-firing subsidy schemes might direct supply chain decisions towards options with low energy and carbon impacts. Keywords: Pellets trade; Co-firing subsidies; CO2 footprint (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:59:y:2013:i:c:p:283-300 DOI: 10.1016/j.enpol.2013.03.060 Access Statistics for this article Energy Policy is currently edited by N. France More articles in Energy Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.