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BIOENERGY MARKETS (2) answer(s).
 
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ID:   052297


Bioenergy policy and market development in Finland and Sweden / Ericsson, KArin; Huttunen, Suvi; Nilsson, Lars J.; Svenningsson, Per Oct 2004  Journal Article
Ericsson, KArin Journal Article
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Publication Oct 2004.
Summary/Abstract The use of biomass in Finland and Sweden has steadily increased over the past 25 years, up to approximately 20% of the primary energy supply in 2001. In both countries most biomass originates from forests. Forest biomass is now an integral part of modern energy systems, although primarily in industry and in the heating sector. For example, biomass accounts for 7.9% and 53% of the fuel mix in district heating in Finland and Sweden, respectively. The general energy policy of both countries has supported biomass for energy over the entire period, although specific policies have changed with time. Research, development and demonstration has been continuously supported, and some subsidy schemes have been applied, in particular, for district heating systems (DHS) and combined heat and power. Heavy taxation of competing fossil fuels seems to have been the most effective policy instrument, although this has been directed mainly at the heat and transportation fuel markets. Electricity taxes are imposed on consumption (industry is largely exempt), and do not discriminate significantly between the sources of electricity. Starting in 2003, Sweden will have a quota-based system, a renewable portfolio standard, which is expected to increase biomass-based electricity production. Both countries possess vast and not fully exploited biomass resources in the form of forests, and have a history of rational and large-scale forestry. Strong actors exist both with regard to forest ownership and the industrial processing of forest products. The user side, in particular, represented by DHS, can also be characterised by strong and professional management. Over time, structures have developed that facilitate an increased use of biomass for energy, for example, the forest industry infrastructure and extensive district heating. Actors within these structures have had the ability to react to policies, resulting in a stable growth in biomass use.
Key Words Sweden  finland  Energy Policy  Biomass Energy  Bioenergy Markets 
        Export Export
2
ID:   117241


Dynamic analysis of policy drivers for bioenergy commodity mark / Jeffers, Robert F; Jacobson, Jacob J; Searcy, Erin M   Journal Article
Jeffers, Robert F Journal Article
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Publication 2013.
Summary/Abstract Biomass is increasingly being considered as a feedstock to provide a clean and renewable source of energy in the form of both liquid fuels and electric power. In the United States, the biofuels and biopower industries are regulated by different policies and have different drivers, which impact the maximum price the industries are willing to pay for biomass. This article describes a dynamic computer simulation model that analyzes future behavior of bioenergy feedstock markets given policy and technical options. The model simulates the long-term dynamics of these markets by treating advanced biomass feedstocks as a commodity and projecting the total demand of each industry, as well as the market price over time. The model is used for an analysis of the United States bioenergy feedstock market that projects supply, demand, and market price given three independent buyers: domestic biopower, domestic biofuels, and foreign exports. With base-case assumptions, the biofuels industry is able to dominate the market and meet the federal Renewable Fuel Standard (RFS) targets for advanced biofuels. Further analyses suggest that United States bioenergy studies should include estimates of export demand in their projections, and that GHG-limiting policy would partially shield both industries from export dominance.
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