Abstract
Climate changes and increased Earth’s temperature form a phenomenon that affects all humans and countries. Consequently, even countries with plenty of fuel energy resources have realized the importance of this issue. Wood pellet is among the most commonly used bio fuels and is spreading quickly all over the globe. In this research, the feasibility of wood pellet production in Iran was assessed by studying a production project and economically analyzing it. Based on the results, all of the economic indicates are reflective of economic utility of wood pellet production in Iran. For instance, the IRR index of the project was 64.54%, and the final price of the product was 118.89 EUR per ton. Analysis of production costs indicated that raw materials had the highest share of the final price followed by fixed investment costs and energy costs.
Highlights
In recent years biomass has become the most important renewable source for heat generation [1]
Since the raw materials suitable for production of wood pellet are wood residues and tailings of sawmills and wood processing plants, and availability potential of these materials has highly importance to feasibility studies and economic assessments of wood pellet production, Iran has considerable biomass resources estimated at 25 million tons per annual that can be utilized as source of raw materials for producing renewable energy, including small scale heat and power production using a variety of waste streams, dedicated energy crops and for
A model for technical and economic analysis of wood pellet production costs in the United States indicates that production of wood pellet can be cost-effective for American investors, and it is highly sensitive to biomass and workforce prices [8]
Summary
In recent years biomass has become the most important renewable source for heat generation [1]. Since the raw materials suitable for production of wood pellet are wood residues and tailings of sawmills and wood processing plants, and availability potential of these materials has highly importance to feasibility studies and economic assessments of wood pellet production, Iran has considerable biomass resources estimated at 25 million tons per annual that can be utilized as source of raw materials for producing renewable energy, including small scale heat and power production using a variety of waste streams, dedicated energy crops and for-. According to 2014 world statistics, greenhouse gas emission in Iran was 616 million tons, which placed Iran tenth among producers of greenhouse gases In this regard, in the Paris Climate Change Conference Iran committed to reduce four percent of its greenhouse gas emissions by 2030 and to increase the decrease to 12% with elimination of internal economic sanctions and financial-technological aids. A model for technical and economic analysis of wood pellet production costs in the United States indicates that production of wood pellet can be cost-effective for American investors, and it is highly sensitive to biomass and workforce prices [8]
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