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The business and economic aspects of biomass-based products development -…
The business and economic aspects of biomass-based products development
Wealth creation
Creation of assets or capital
Categories of capital formation
Financial capital (economic value-added)
Human capital (knowledge value-added)
Social capital (community value-added)
Natural capital (ecological value-added)
No trade-offs
An integrated approach improves overall competitiveness better environmental performance spurs innovation and creates new efficiencies that improve profits.
Biomass
Untreated biomass
Fibrous, irregular shapes, low flowability
7-60 % moisture content
Low calorific values and energy density
Treatment Methods
Mechanical, chemical or thermal treatment
Densification
Torrefaction
Logistics
specific demands for biomass handling, transportation and storage
Prevention of degradation and extensive dust generation
Avoidance of moisture uptake
Supply chain
reclaiming
Transhipment
storage
transportation and transfer
Biomass Process Design
Step 1 – Resource Assessment
Development and scale-up of bioenergy project begins with analysis of the resource potential
Step 2 - Conduct market analysis
Evaluate the state of technology.
Variety of technologies can transform biomass into energy for residential, commercial, and industrial uses.
Step 3 - Conduct feasibility studies and roadmap activities
The step is to conduct a feasibility study or prepare a roadmap
Comprehensive analyses that provide in-depth details about a project or technology and determine if, and how, it can succeed
Step 4 - Benchmarking: best practices and lessons learned
Are identified by comparing it with best practices and lessons learned from existing bioenergy programs.
Description
The Break Even Point is usually either the number of units you have to sell or the Ringgit amount of sales required to cover your costs.
Variable Cost
Includes the production, direct labor, materials, and other expenses which depend on the number of units produced and sold