Economic aspects of wood‐burning installations | Zendy

Fels M. | Zendy; Cooper D.F. | Zendy; Patterson M.N. | Zendy

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Economic aspects of wood‐burning installations

Author(s) -

Fels M.,

Cooper D.F.,

Patterson M.N.

Publication year - 1988

Publication title -

the canadian journal of chemical engineering

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.404

H-Index - 67

eISSN - 1939-019X

pISSN - 0008-4034

DOI - 10.1002/cjce.5450660327

Subject(s) - capital cost , payback period , environmental science , internal rate of return , capital (architecture) , agricultural economics , economics , natural resource economics , production (economics) , geography , microeconomics , archaeology , macroeconomics

Economic data were obtained from 15 industrial wood burners. The capital cost was correlated by: Cost = $7870 (kW) 0.59 . Operating cost varied between $ 0.64 and $ 2.65 per kWhr output, payback times between 3.5 and 11 years and internal rates of return between 6.3% and 28%. Using average values of economic parameters, these results were recalculated on a common basis as a function of wood and electricity costs.

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