How to Increase the Efficiency of Biomass Energy Investments

Hasan Dinçer (), Duygu Yavuz () and Natalia Sokolinskaya
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Hasan Dinçer: İstanbul Medipol University
Duygu Yavuz: İstanbul Medipol University
Natalia Sokolinskaya: Financial University under the Government of the Russian Federation

Chapter Chapter 6 in Economic Development and the Environmental Ecosystem, 2023, pp 61-70 from Springer

Abstract: Abstract Bioenergy investments have crucial advantages. It improves the socio-economic structure of the rural area and provides local job opportunities. It prevents migration. It provides new job opportunities. It provides strategic and economic contribution to countries by reducing foreign dependency in oil. It benefits public health as combustion products are cleaner. It ensures the protection of the environment and our natural energy resources. It supports the sustainability of energy. The development of oilseed agriculture is an alternative to exhaustible and limited energy resources. It reduces the emission of harmful greenhouse gases in the use of biodiesel and reduces carbon emissions. There is a decrease in air pollution. It has an anti-toxic effect and does not contain sulfur. On the other side, the use of bioenergy stimulates the agricultural sector and supports rural development. Although it is thought to reduce poverty, if it is not done in a sustainable way, it poses a significant threat to food security. These projects have a positive contribution to both social and economic improvements of the countries. The main superiority of these projects is that carbon emission problem can be minimized. This situation has a powerful influence on the decrease of environmental pollution. Additionally, energy independence can be provided with the help of biomass energy projects. Hence, countries current account balance is affected in a very positive manner from this situation.

Keywords: Biomass energy; Energy investments; DEMATEL; Energy economics; Sustainable energy (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-3-031-26596-9_6

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