Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions

Taiwan is eager to develop renewable energy because it is vulnerable to energy price distortion and ocean level rise. Previous studies show bioenergy technologies can be applied mutually, but pay little attention on feedstocks to energy conversion rate, which has potential influences on policy makin...

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Main Authors: Chih-Chun Kung, Meng-Shiuh Chang
Format: Article
Language:English
Published: MDPI AG 2015-05-01
Series:Sustainability
Subjects:
Online Access:http://www.mdpi.com/2071-1050/7/5/5981
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spelling doaj-8a4e5335d056467bb55514f26005c8082020-11-25T01:05:25ZengMDPI AGSustainability2071-10502015-05-01755981599510.3390/su7055981su7055981Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG EmissionsChih-Chun Kung0Meng-Shiuh Chang1Institute of Poyang Lake Eco-Economics, Jiangxi University of Finance and Economics, Nanchang 330013, ChinaSchool of Public Finance and Taxation, Southwestern University of Finance and Economics, Chengdu 611130, ChinaTaiwan is eager to develop renewable energy because it is vulnerable to energy price distortion and ocean level rise. Previous studies show bioenergy technologies can be applied mutually, but pay little attention on feedstocks to energy conversion rate, which has potential influences on policy making in renewable energy and environment. This study employs a price endogenous mathematical programming model to simultaneously simulate the market operations under various feedstocks to energy conversion rates, energy prices, and greenhouse gas (GHG) prices. The result shows pyrolysis-based electricity can reach up to 2.75 billion kWh annually, but it will be driven out at low conversion rate and high GHG price. Pyrolysis plus biochar application will be the optimal option in terms of carbon sequestration. Market valuation on potential threats of extreme weather could have substantial influences on ethanol and renewable electricity generation. To achieve aimed GHG emission reduction and/or bioenergy production, government intervention may be involved to align the market operation with Taiwan’s environmental policy.http://www.mdpi.com/2071-1050/7/5/5981bioenergyenergy conversion rategreenhouse gases emissionspyrolysis
collection DOAJ
language English
format Article
sources DOAJ
author Chih-Chun Kung
Meng-Shiuh Chang
spellingShingle Chih-Chun Kung
Meng-Shiuh Chang
Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
Sustainability
bioenergy
energy conversion rate
greenhouse gases emissions
pyrolysis
author_facet Chih-Chun Kung
Meng-Shiuh Chang
author_sort Chih-Chun Kung
title Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
title_short Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
title_full Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
title_fullStr Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
title_full_unstemmed Effect of Agricultural Feedstock to Energy Conversion Rate on Bioenergy and GHG Emissions
title_sort effect of agricultural feedstock to energy conversion rate on bioenergy and ghg emissions
publisher MDPI AG
series Sustainability
issn 2071-1050
publishDate 2015-05-01
description Taiwan is eager to develop renewable energy because it is vulnerable to energy price distortion and ocean level rise. Previous studies show bioenergy technologies can be applied mutually, but pay little attention on feedstocks to energy conversion rate, which has potential influences on policy making in renewable energy and environment. This study employs a price endogenous mathematical programming model to simultaneously simulate the market operations under various feedstocks to energy conversion rates, energy prices, and greenhouse gas (GHG) prices. The result shows pyrolysis-based electricity can reach up to 2.75 billion kWh annually, but it will be driven out at low conversion rate and high GHG price. Pyrolysis plus biochar application will be the optimal option in terms of carbon sequestration. Market valuation on potential threats of extreme weather could have substantial influences on ethanol and renewable electricity generation. To achieve aimed GHG emission reduction and/or bioenergy production, government intervention may be involved to align the market operation with Taiwan’s environmental policy.
topic bioenergy
energy conversion rate
greenhouse gases emissions
pyrolysis
url http://www.mdpi.com/2071-1050/7/5/5981
work_keys_str_mv AT chihchunkung effectofagriculturalfeedstocktoenergyconversionrateonbioenergyandghgemissions
AT mengshiuhchang effectofagriculturalfeedstocktoenergyconversionrateonbioenergyandghgemissions
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