Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit

Biomass utilisation has been one of the most pertinent topics in the field of sustainability. An example of biomass resource usage is renewable electricity (REL) using bioresources (Bio-REL). Although Bio-REL is widely disseminated globally, existing research suggests that it may be less economicall...

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Autores principales:	Noriko Irie, Naoko Kawahara
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	biomass photovoltaic renewable electricity efficiency levelised cost of energy willingness to pay (WTP) Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
Acceso en línea:	https://doaj.org/article/dda09ca7f2444ea3bddcd4a5e3b0b1f6
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spelling	oai:doaj.org-article:dda09ca7f2444ea3bddcd4a5e3b0b1f62021-11-11T19:49:51ZAssessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit10.3390/su1321122742071-1050https://doaj.org/article/dda09ca7f2444ea3bddcd4a5e3b0b1f62021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/21/12274https://doaj.org/toc/2071-1050Biomass utilisation has been one of the most pertinent topics in the field of sustainability. An example of biomass resource usage is renewable electricity (REL) using bioresources (Bio-REL). Although Bio-REL is widely disseminated globally, existing research suggests that it may be less economically efficient than other REL sources. The cost of Bio-REL has not changed in recent years, but the cost of solar or photovoltaic (PV) REL has been significantly reduced. Some studies also assert that retail Bio-REL is preferred less than PV-REL. As this is not well established in the literature, this study analysed the average levelised costs of energy (LCOE) and preferences for retail Bio-REL and PV-REL while focusing on the case of Japan. The results indicate that the average LCOE of retail Bio-REL was 1.4 times greater than that of PV-REL, while the willingness to pay (WTP) for Bio-REL was about half. The analysis has considerable relevance for countries other than Japan with comparative cost and preference for both REL sources. The research raises an important issue regarding the efficiency of the strategy of REL dissemination and proposes that a comprehensive economic analysis of the social benefits of Bio-REL be conducted.Noriko IrieNaoko KawaharaMDPI AGarticlebiomassphotovoltaicrenewable electricityefficiencylevelised cost of energywillingness to pay (WTP)Environmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12274, p 12274 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	biomass photovoltaic renewable electricity efficiency levelised cost of energy willingness to pay (WTP) Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350
spellingShingle	biomass photovoltaic renewable electricity efficiency levelised cost of energy willingness to pay (WTP) Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Noriko Irie Naoko Kawahara Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
description	Biomass utilisation has been one of the most pertinent topics in the field of sustainability. An example of biomass resource usage is renewable electricity (REL) using bioresources (Bio-REL). Although Bio-REL is widely disseminated globally, existing research suggests that it may be less economically efficient than other REL sources. The cost of Bio-REL has not changed in recent years, but the cost of solar or photovoltaic (PV) REL has been significantly reduced. Some studies also assert that retail Bio-REL is preferred less than PV-REL. As this is not well established in the literature, this study analysed the average levelised costs of energy (LCOE) and preferences for retail Bio-REL and PV-REL while focusing on the case of Japan. The results indicate that the average LCOE of retail Bio-REL was 1.4 times greater than that of PV-REL, while the willingness to pay (WTP) for Bio-REL was about half. The analysis has considerable relevance for countries other than Japan with comparative cost and preference for both REL sources. The research raises an important issue regarding the efficiency of the strategy of REL dissemination and proposes that a comprehensive economic analysis of the social benefits of Bio-REL be conducted.
format	article
author	Noriko Irie Naoko Kawahara
author_facet	Noriko Irie Naoko Kawahara
author_sort	Noriko Irie
title	Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
title_short	Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
title_full	Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
title_fullStr	Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
title_full_unstemmed	Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit
title_sort	assessing retail biomass electricity efficiency in japan: focus on average cost and benefit
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/dda09ca7f2444ea3bddcd4a5e3b0b1f6
work_keys_str_mv	AT norikoirie assessingretailbiomasselectricityefficiencyinjapanfocusonaveragecostandbenefit AT naokokawahara assessingretailbiomasselectricityefficiencyinjapanfocusonaveragecostandbenefit
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Assessing Retail Biomass Electricity Efficiency in Japan: Focus on Average Cost and Benefit

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