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Title:

Economic Efficiency of Energy Crops

Author(s):

Havlíčková, K., Knapek, J., Weger, J.

Document(s):

Paper Paper

Abstract:

Biomass plays dominant role in the development of renewable energy sources utilization in the Czech Republic. The methodology of economic effectiveness evaluation is based on calculation of so called minimum price of production in EUR/GJ of heat in biomass. Minimum price reflects limit price that assure positive economic effect of the project from investors point of view. Minimum price is calculated with help of economic model that include all processes related to biomass planting. Reed canary grass growth can be aimed either at biomass production for direct burning (spring after winter harvest) or at green biomass production for biogas station. Input data of used economic models were derived from experimental data collected from testing fields and from market prices of individual agriculture services. Data on cost of individual projects input reflect Czech market price of agricultural services (year 2009 prices). Long term average inflation 2.5%, discount rate 8.6% and corporate 19% are assumed. Minimum prices of Reed Canary Grass were calculated to be in the range app. 3.0–6.9 EUR/GJ (2009 prices) in the condition of the Czech Republic for the next decade.

Keywords:

biogas, biomass, economics, energy crops

Topic:

Biomass resources

Subtopic:

Availability and cost of biomass resources

Event:

18th European Biomass Conference and Exhibition

Session:

VP1.1.10

Pages:

288 - 291

ISBN-13:

978-88-89407-56-1

ISBN-10:

88-89407-56-5

Paper DOI:

10.5071/18thEUBCE2010-VP1.1.10

Price:

FREE