Aguilar Cabezas, Francisco X
- Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
Forskningsartikel2020Vetenskapligt granskadÖppen tillgång
Dahal, Ram P.; Aguilar, Francisco X.; McGarvey, Ronald G.; Becker, Dennis; Abt, Karen L.
We assessed the role of renewable wood-based biopower generation in supporting local economies by deriving multiplier effects from a sample of U.S. power plants representing 348.3 MW of installed capacity (1.2 million MWh of power generation for 2016) with annual expenditures of over US$117 million. Average annual employment, labor income, value-added, and gross output values associated with the generation of wood-based power were contrasted with those from power generated from coal and natural gas. Economic multiplier effects of localized operation and maintenance expenditures were derived following an input-output analysis. Results, expressed in 2017 US$. show the economic contribution of wood-based biopower was lower (US$123.96 per MWh) than power generated from coal (US$386.55 per MWh) and natural gas (US$989.79 per MW). However, wood-based biopower value-added localized multiplier effects were nearly 20% higher than coal-based power, at US$2.80 per dollar spent in operation and maintenance. Our findings suggest that, after considering sustainability thresholds for woody biomass availability, its expanded utilization could contribute between US$5.00 billion to US$22.00 billion in value-added to local economies across the US. (C) 2020 Elsevier B.V. All rights reserved.
Biopower; IMPLAN; Economic contributions; Economic multipliers; Net annual woody biomass increase
Energy Economics
2020, Volym: 91, artikelnummer: 104913
Utgivare: ELSEVIER
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Energisystem
DOI: https://doi.org/10.1016/j.eneco.2020.104913
https://res.slu.se/id/publ/108914