Bioflash - July 2023
Executive Officer's Opinion piece '...With the government ban on using coal as fuel for stationary heat, and natural gas supply uncertainty because of a ban on offshore gas exploration, the future options for stationary heat are narrowed to electricity and biomass. Consequently the choice of future fuel for stationary heat depends on the type of application, location from fuel source, capital expenditure and future cost of fuel.
Large boilers have an economic life of around 30 years, while smaller heating equipment may have an economic life of only around 10 years. To compare the investment options on a like-for-like basis requires a lifecycle analysis over the analytical period of say 30 years. This results in a levelised cost of energy from each option. The bioenergy option often has least life-cycle cost but is a long term investment...'
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