Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications

Athanasios Rentizelas, Athanasios Tolis, Ilias Tatsiopoulos

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

Abstract

Biomass tri-generation constitutes an innovative renewable energy application. An approved UNFCCC baseline methodology has been extended in this paper to examine a biomass tri-generation application. Some environmental and financial aspects of this type of applications were investigated through a case study. It has been shown that tri-generation may result in significant emissions reduction, compared to using conventional energy sources or even biomass co-generation. The emissions reduction achieved may be materialized into a considerable revenue stream for the project, if traded through EU ETS. However, the high volatility of the tCO2e value and the EU Trading Scheme being still in its infancy prevent a reliable estimation of the related revenue. For this reason, a sensitivity analysis has been performed. The work concludes that greenhouse gas emissions trading may develop into one of the major revenue streams of biomass tri-generation projects, significantly increasing their financial yield and attractiveness
LanguageEnglish
Title of host publicationProceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007)
Place of PublicationSkiathos, Greece
Number of pages6
Publication statusPublished - Jun 2007
EventFirst Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007) - Skiathos, Greece
Duration: 1 Jun 2007 → …

Conference

ConferenceFirst Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007)
CountryGreece
Period1/06/07 → …

Fingerprint

Gas emissions
Greenhouse gases
Biomass
Sensitivity analysis

Keywords

  • biomass
  • greenhouse gases
  • emissions trading
  • environmental effects
  • Tri-generation

Cite this

Rentizelas, A., Tolis, A., & Tatsiopoulos, I. (2007). Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications. In Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007) Skiathos, Greece.
Rentizelas, Athanasios ; Tolis, Athanasios ; Tatsiopoulos, Ilias. / Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications. Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007). Skiathos, Greece, 2007.
@inproceedings{fb69077d2d66493280e368a66971944b,
title = "Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications",
abstract = "Biomass tri-generation constitutes an innovative renewable energy application. An approved UNFCCC baseline methodology has been extended in this paper to examine a biomass tri-generation application. Some environmental and financial aspects of this type of applications were investigated through a case study. It has been shown that tri-generation may result in significant emissions reduction, compared to using conventional energy sources or even biomass co-generation. The emissions reduction achieved may be materialized into a considerable revenue stream for the project, if traded through EU ETS. However, the high volatility of the tCO2e value and the EU Trading Scheme being still in its infancy prevent a reliable estimation of the related revenue. For this reason, a sensitivity analysis has been performed. The work concludes that greenhouse gas emissions trading may develop into one of the major revenue streams of biomass tri-generation projects, significantly increasing their financial yield and attractiveness",
keywords = "biomass, greenhouse gases, emissions trading, environmental effects, Tri-generation",
author = "Athanasios Rentizelas and Athanasios Tolis and Ilias Tatsiopoulos",
year = "2007",
month = "6",
language = "English",
booktitle = "Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007)",

}

Rentizelas, A, Tolis, A & Tatsiopoulos, I 2007, Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications. in Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007). Skiathos, Greece, First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007), Greece, 1/06/07.

Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications. / Rentizelas, Athanasios; Tolis, Athanasios; Tatsiopoulos, Ilias.

Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007). Skiathos, Greece, 2007.

Research output: Chapter in Book/Report/Conference proceedingConference contribution book

TY - GEN

T1 - Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications

AU - Rentizelas, Athanasios

AU - Tolis, Athanasios

AU - Tatsiopoulos, Ilias

PY - 2007/6

Y1 - 2007/6

N2 - Biomass tri-generation constitutes an innovative renewable energy application. An approved UNFCCC baseline methodology has been extended in this paper to examine a biomass tri-generation application. Some environmental and financial aspects of this type of applications were investigated through a case study. It has been shown that tri-generation may result in significant emissions reduction, compared to using conventional energy sources or even biomass co-generation. The emissions reduction achieved may be materialized into a considerable revenue stream for the project, if traded through EU ETS. However, the high volatility of the tCO2e value and the EU Trading Scheme being still in its infancy prevent a reliable estimation of the related revenue. For this reason, a sensitivity analysis has been performed. The work concludes that greenhouse gas emissions trading may develop into one of the major revenue streams of biomass tri-generation projects, significantly increasing their financial yield and attractiveness

AB - Biomass tri-generation constitutes an innovative renewable energy application. An approved UNFCCC baseline methodology has been extended in this paper to examine a biomass tri-generation application. Some environmental and financial aspects of this type of applications were investigated through a case study. It has been shown that tri-generation may result in significant emissions reduction, compared to using conventional energy sources or even biomass co-generation. The emissions reduction achieved may be materialized into a considerable revenue stream for the project, if traded through EU ETS. However, the high volatility of the tCO2e value and the EU Trading Scheme being still in its infancy prevent a reliable estimation of the related revenue. For this reason, a sensitivity analysis has been performed. The work concludes that greenhouse gas emissions trading may develop into one of the major revenue streams of biomass tri-generation projects, significantly increasing their financial yield and attractiveness

KW - biomass

KW - greenhouse gases

KW - emissions trading

KW - environmental effects

KW - Tri-generation

M3 - Conference contribution book

BT - Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007)

CY - Skiathos, Greece

ER -

Rentizelas A, Tolis A, Tatsiopoulos I. Estimating greenhouse gas emissions reduction and allowances’ trading revenue for biomass tri-generation applications. In Proceedings of the First Conference on Environmental Management, Engineering, Planning and Economics (CEMEPE 2007). Skiathos, Greece. 2007