Determination of the potential market size and opportunities for biomass to electricity projects in China
Description: Efforts are currently underway to assess the market potential and prospects for the US private sector in biomass energy development in Yunnan Province. Among the specific objectives of the study are to: estimate the likely market size and competitiveness of biomass energy, assess the viability of US private sector ventures; assess non-economic factors (e.g., resource, environmental, social, political, institutional) that could affect the viability of biomass energy; and recommend appropriate actions to help stimulate biomass initiatives. Feasibility studies show that biomass projects in Yunnan Province are financially and technically viable. Biomass can be grown and converted to electricity at costs lower than other alternatives. These projects if implemented can ease power shortages and help to sustain the region`s economic growth. The external environmental benefits of integrated biomass projects are also potentially significant. This paper summarizes a two-step screening and rank-ordering process that is being used to identify the best candidate projects for possible US private sector investment. The process uses a set of initial screens to eliminate projects that are not technically feasible to develop. The remaining projects are then rank-ordered using a multicriteria technique.
Date: August 1, 1995
Creator: Perlack, R.D.
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