Biomass electricity can be considered relatively cheap due to its abundant availability, domestic resource status, and the potential for low net greenhouse gas emissions.
However, it also faces challenges such as lower energy density, space requirements for biomass plant construction, and lower efficiency in energy production compared to other forms of energy.
Is Biomass Electricity Cheap? 4 Key Factors to Consider
1. Abundant Availability and Domestic Resource Status
Biomass is a renewable energy source that is profusely available worldwide.
In the United States, there is more biomass than is required for food and animal feed needs.
A recent report projects that up to 1 billion dry tons of biomass could be available for energy use annually, which equates to around 13–14 quadrillion Btu/year potential (in 2030).
This abundance makes biomass a promising source of renewable energy, potentially reducing reliance on fossil fuels and nuclear energy.
2. Low Net Greenhouse Gas Emissions
Biomass "recycles" carbon dioxide as plants consume it from the atmosphere during their natural growth process.
This offsets the carbon dioxide released from producing hydrogen through biomass gasification, resulting in low net greenhouse gas emissions.
This characteristic aligns with global goals to reduce greenhouse gas emissions, making biomass a favorable choice for sustainable energy production.
3. Challenges
Despite its advantages, biomass energy faces several challenges.
The construction of biomass plants requires significant space, which can be difficult to find in urban areas, leading to higher costs and potentially lower productivity.
Additionally, biomass has a lower energy density compared to fossil fuels, as it contains about fifty percent water, leading to energy loss during conversion into other forms.
The efficiency of energy production from biomass combustion is also relatively low, with approximately 20% efficiency for small enterprises and no more than 40% for large and modern power-generating facilities.
4. Economic and Competitive Advantage
Despite these challenges, biomass combustion technologies provide an economic and competitive advantage, especially when waste is used as the initial feedstock.
The technology is commercially available and poses minimal risk for investors, making it a viable option for heat and power production.
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In summary, while biomass electricity has the potential to be relatively cheap due to its abundant availability and the possibility of low net greenhouse gas emissions, it also faces challenges such as lower energy density and efficiency, as well as the need for significant space for plant construction.
These factors must be carefully considered in the context of energy policies and economic strategies to harness the full potential of biomass as a renewable energy source.
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