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Analyses of GHG reduction effectiveness and economic feasibility in the wood pellet fuel switching projectopen accessAnalyses of GHG Reduction Effectiveness and Economic Feasibility in the Wood Pellet Fuel Switching Project
- Other Titles
- Analyses of GHG Reduction Effectiveness and Economic Feasibility in the Wood Pellet Fuel Switching Project
- Authors
- Lee, J.-C.; Kang, K.-Y.
- Issue Date
- 2013
- Publisher
- 한국목재공학회
- Keywords
- Economic feasibility; Fuel switching; GHG reduction effectiveness; JCDM; KVER; Wood pellet
- Citation
- Journal of the Korean Wood Science and Technology, v.41, no.6, pp 594 - 605
- Pages
- 12
- Indexed
- SCOPUS
KCI
- Journal Title
- Journal of the Korean Wood Science and Technology
- Volume
- 41
- Number
- 6
- Start Page
- 594
- End Page
- 605
- ISSN
- 1017-0715
- Abstract
- This study was performed to analyze GHG (Greenhouse gas) reduction effectiveness and economic feasibility in the wood pellet fuel switching project using JCDM (Japan Clean Development Mechanism) and KVER (Korea Voluntary Emission Reduction)data. The major data for the analyses consist of investment costs, annual GHG reductions, fuel prices and GHG credit prices. The wood pellet fuel switching projects are the CO2-zero projects. Therefore, these projects are essential to accomplish the GHG mitigation target, especially in Korea. In order to raise the economic feasibility of the wood pellet fuel switching project, the results of this study suggest that the Korean government should reduce the price of wood pellet through the supply on a large scale and raise the KCER price of wood pellet fuel switching project.
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Related Researcher
- Kang, Kyu Young
- College of Life Science and Biotechnology (Department of Convergent Environmental Science)