Co-firing coal with wood pellets for U.S. electricity generation: A real options analysis

In contrast to EU, U.S. electric utilities are not employing the bioenergy technology of co-firing wood pellets with coal. This difference in employment patterns is explored within a real options analysis (ROA) for possible U.S. utilization of wood pellets, considering fuel-price series from 2009 to...

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Veröffentlicht in:	Energy policy 2015-06, Vol.81, p.106-116
Hauptverfasser:	Xian, Hui, Colson, Gregory, Mei, Bin, Wetzstein, Michael E.
Format:	Artikel
Sprache:	eng
Schlagworte:	Bioenergy Coal Decisions Economic conditions Economics Electric power Electric utilities Electricity Electricity generation Employment European Union Fuel Fuels Government incentives Markets Natural gas Natural gas industry Natural gas prices Pellets Prices Real options analysis Regime switching models Renewable resources Stochastic processes Studies Technology U.S.A Wood
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