Economic sensitivity and risk analysis for small-scale wood pellet systems--an example from southeast Alaska / David L. Nicholls.

Format:

Book

Government document

Author/Creator:

Nicholls, David L., author.

Contributor:

Pacific Northwest Research Station (Portland, Or.), issuing body.

Series:

General technical report PNW ; 959.

General technical report PNW ; 959

Language:

English

Subjects (All):

Wood pellets--Economic aspects--Alaska.

Wood pellets.

Fuelwood--Economic aspects--Alaska.

Fuelwood.

Stoves, Wood--Economic aspects--Alaska.

Stoves, Wood.

Fuelwood--Economic aspects.

Stoves, Wood--Economic aspects.

Alaska.

Genre:

Online resources.

technical reports.

Technical reports

Technical reports.

Physical Description:

1 online resource (19 pages) : illustrations (some color)

Place of Publication:

Portland, OR : U.S. Department of Agriculture, Pacific Northwest Research Station, August 2017.

Summary:

"This research models a wood pellet heating system at the Tlingit-Haida Regional Housing Authority in Juneau, Alaska, used to provide thermal energy to a 929-m2 warehouse, as an alternative to a heating system that burns more costly fossil fuels. Research objectives were to evaluate project economics of the pellet system and to conduct cost:benefit analysis on key variables (initial capital cost, fuel oil cost, and wood pellet cost). Economic results of interest included net present value, payback, internal rate of return, and cost:benefit ratio. Monte Carlo simulations were conducted using RETScreen software with the parameters of heating oil cost, wood pellet cost, fuel price escalation, and heating load. Cost:benefit analysis was conducted for capital cost versus wood fuel cost and also versus alternative fuel cost. This research found that economic performance was favorable over a wide range of normal operating conditions, even when paying a relatively high price for wood fuel. A pellet production facility in southeast Alaska could lead to lower wood fuel costs and even more favorable regional economics."

Notes:

"August 2017."

Includes bibliographical references (pages 16-19).

Online resource; title from PDF title page (viewed December 26, 2017).

Other Format:

Print version: Nicholls, David L. Economic sensitivity and risk analysis for small-scale wood pellet systems--an example from southeast Alaska

OCLC:

1017097645