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The Study of Economic Feasibility of Wood Pellet in Domestic Power Plants Sector  

Jeong, Nam-Young (The Graduate School of Energy and Environment Seoul National University of Science and Technology)
Kim, Lae-Hyun (The Graduate School of Energy and Environment Seoul National University of Science and Technology)
Publication Information
Journal of Energy Engineering / v.19, no.4, 2010 , pp. 251-257 More about this Journal
Abstract
Korea have a plan to enforce the Renewable Portfolio Standard(RPS) in 2012 for climate change action and effective use of energy but because of lack of renewable energy resources and limits of technology development, it will be hard to fullfill a target for RPS obligation in domestic power generation sector and woodchip biomass cofiring with coal combustion is the one of the alternative methods of the goal. Woodchip biomass cofiring with coal combustion is easy to approach technical design and has competitiveness of $CO_2$ & renewble energy certificate benefit and also has much lower generation cost than any other renewable energy resources. Because of that reason, woodchip biomass cofiring with coal combustion should be needed to fullfill the goal for RPS obligation in domestic power generation sector with midlong-term direction.
Keywords
Wood Pellet; RPS; Co-firing;
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