Furtenback, Örjan
(2009).
Fuel substitution in district heating plants and CGE modeling with a forest resource.
Umeå :
Sveriges lantbruksuniv.
, Rapport / Sveriges lantbruksuniversitet, Institutionen för skogsekonomi, 0348-2049
; 134
ISBN 978-91-86197-82-7
[Licentiate thesis]
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Abstract
This thesis contains two papers. Paper I: Demand for waste as fuel in the Swedish district heating sector: a pro- duction function approach This paper evaluates inter-fuel substitution in the Swedish district heating industry by analyzing almost all the district heating plants in Sweden in the period 1989 to 2003, specifically those plants incinerating waste. A multi-output plant-specific pro- duction function is estimated using panel data methods. A procedure for weighting the elasticities of factor demand to produce a single matrix for the whole industry is introduced. The price of waste is assumed to increase in response to the energy and CO2 tax on waste-to-energy incineration that was introduced in Sweden on 1 July 2006. Analysis of the plants involved in waste incineration indicates that an in- crease in the net price of waste by 10% is likely to reduce the demand for waste by 4.2%, and increase the demand for bio-fuels, fossil fuels, other fuels and electricity by 5.5%, 6.0%, 6.0% and 6.0%, respectively. Paper II: Towards a dynamic Ecol-Econ CGE model with forest as biomass cap- ital This study presents a Dynamic Computable General Equilibrium model that com- bines economic and ecological aspects of forest biomass. A framework is introduced for modeling the growth of a biomass stock which interacts with economic sectors. Harvest of and demand for forest products and forest amenities are determined en- dogenously in an inter-temporally consistent way. The idea is based on aMarkovian growth model of the forest. The study demonstrates an approach for incorporating non-market values of forests, such as carbon sequestration, recreation and biodi- versity, into a growth model. A simulation illustrates harvest behavior when the economy is subjected to shocks.
Authors/Creators: | Furtenback, Örjan | ||||
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Title: | Fuel substitution in district heating plants and CGE modeling with a forest resource | ||||
Year of publishing : | 2009 | ||||
Number: | 134 | ||||
Number of Pages: | 15 | ||||
Papers/manuscripts: |
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Place of Publication: | Umeå | ||||
ISBN for printed version: | 978-91-86197-82-7 | ||||
ISSN: | 0348-2049 | ||||
Language: | English | ||||
Publication Type: | Licentiate thesis | ||||
Full Text Status: | Public | ||||
Agrovoc terms: | biofuels, waste management, models, economics, sweden | ||||
Keywords: | Cobb-Douglas production function, factor demand, inter-fuel substitu- tion, waste management, Dynamic CGE, Markovian growth, Ecosystem modeling, Inter-temporal optimization, Infinite-horizon equilibria | ||||
URN:NBN: | urn:nbn:se:slu:epsilon-3079 | ||||
Permanent URL: | http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-3079 | ||||
ID Code: | 2305 | ||||
Department: | (S) > Dept. of Forest Economics | ||||
Deposited By: | Örjan Furtenback | ||||
Deposited On: | 07 Jun 2010 00:00 | ||||
Metadata Last Modified: | 02 Dec 2014 10:17 |
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