Analysis of the Investment Cost of Typical Biomass Power Generation Projects in China

DOI

10.2991/icemse-16.2016.63How to use a DOI?

Keywords

Investment cost, typical biomass power generation projects, learning curve model, China

Abstract

Biomass power generation has the characteristics of good power quality, high reliability and mature technology, and plays an important role in maintaining energy security, optimizing energy structure, relieving environmental pollution and promoting rural economic development. But the unit investment cost of biomass power generation is higher, which equal to about twice of the same scale coal-fired power generation. In this paper, we selected the typical biomass power generation projects, analyzed the investment cost composition systematically from the aspects of construction cost, equipment purchase cost, installation cost and other cost, and constructed the learning curve model to forecast the trend of investment cost of biomass power generation projects. The forecast results showed that the learning rate of investment decline per kilowatt is 10.96%, and the learning rate of equipment price per kilowatt is 11.89%, which indicates that the investment cost of biomass power generation projects in China is gradually decreasing and the competitiveness of the biomass power generation industry is gradually enhanced.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Zhibin Liu
AU  - Xiaoning Li
PY  - 2016/12
DA  - 2016/12
TI  - Analysis of the Investment Cost of Typical Biomass Power Generation Projects in China
BT  - Proceedings of the 2016 International Conference on Education, Management Science and Economics
PB  - Atlantis Press
SP  - 255
EP  - 258
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemse-16.2016.63
DO  - 10.2991/icemse-16.2016.63
ID  - Liu2016/12
ER  -