Economic Analysis of Manufacturing Costs of Pellet Production in the Republic of Ireland Using Non-Woody Biomass
|Title:||Economic Analysis of Manufacturing Costs of Pellet Production in the Republic of Ireland Using Non-Woody Biomass||Authors:||Nolan, Anthony
|Permanent link:||http://hdl.handle.net/10197/5978||Date:||2010||Abstract:||An economic analysis of a non-woody biomass pelleting process was performed for conditions in the Republic of Ireland. The analysis considered the establishment, harvest, storage and drying costs of the feedstock’s on-farm, together with transportation costs to the processing plant and the costs associated with the pelleting process. Capital and operating costs of the pelleting process were estimated at several plant capacities – 6t / h, 8t / h and 10t / h. The pellet production cost for the base case scenario of 8t / h was 102 / t of pellets produced. By decreasing production capacity to 6t / h an increase in the production cost of 10 / t was experienced while increasing capacity to 10t / h resulted in a decrease of 6 / t in the production cost of pellets. The cost of the raw material is the largest cost component (66%) of the total pellet production cost. Other major cost factors include pelleting and cooling plant (11%), straw grinding plant (10%) and personnel costs (9%). Considering current energy prices the equivalent energy cost of 7 / GJ (excluding profit margins) the potential production of non-woody biomass pellets competes favourably with oil and gas and was found to be economically viable.||Type of material:||Journal Article||Publisher:||Bentham Open||Copyright (published version):||2010 the authors||Keywords:||Non-woody biomass;Economic analysis;Production costs;Storage costs;Transportation costs;Pelleting costs||DOI:||10.2174/1876387101003010001||Language:||en||Status of Item:||Peer reviewed|
|Appears in Collections:||Biosystems and Food Engineering Research Collection|
Show full item record
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. For other possible restrictions on use please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.