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CHANDRASHEKHAR (11031EIB04)
PROFILE
BIOMASS ENERGY BENEFITS BARRIERS SUPPLY CHAIN BUSINESS OPPORTUNITIES GOVERNMENT REGULATIONS INVESTMENT IN BUSINESS POWER SECTOR
OVERVIEW
Biomass is a renewable energy source that is derived from living or recently living organisms. Biomass includes biological material, not organic material like coal. Energy derived from biomass is mostly used to generate electricity or to produce heat. Thermal energy is extracted by means of combustion, torrefaction, pyrolysis, and gasification. Biomass can be chemically and biochemically treated to convert it to a energy-rich fuel.
POWER USAGE
USAGE
22.9 DOMESTIC 8.1 INDUSTRIAL COMMERCIAL 35.6 AGRICULTURAL
24.8
GEOGRAPHIC AREAS
Comes from the forest Can also come from plant and animal waste Wood and waste can be found virtually anywhere Transportation costs
Supply chain
Government regulations
National Electricity Policy 2005 Tariff Policy 2006 National Rural Electrification Policies, 2006 Electricity Act 2003
Investments
Green Planet Energy Private Limited has invested a sum of 9.6 billion rupees (US$228/145 million) on setting up 14 biomass power projects in the state of Punjab. This has added 147MW of renewable energy to the state's portfolio.
Barriers
High transactions cost Limited interest in power projects High investment risks Lack of working capital Fuel supply risks Operational risks
conclusion
Biomass is a potential alternative to fossil fuels but it is not very viable. There are many problems in the development and transportation of it and carbon is a byproduct of processing of biomass, just like it is a byproduct of fossil fuels. There are better alternative energies.
References