Economic implications for the generation of electricity from biomass fuel sources
Curtis, Thomas Wayne
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This study examines the economic theory, geographical implications, and relevant legislative history impacting the use of biomass fuel sources within the electric utility industry. Research has shown the use of nuclear and fossil fuels for the generation of electricity creates significant amounts of negative externalities. By increasing the generation capacity of renewable energy sources for electrical power generation, theory suggests the impacts of negative externalities can be moderately reduced. In order to do this, renewable energy sources must be feasible with respect to traditional fuel sources. This research determines the feasibility of direct fire, co-fire, gasification, and pyrolysis technologies for the generation of electricity from Georgia's biomass sources. With the support of green power markets, production incentives, and tradeable permits for power plant emissions, biomass-fueled generation can become a competitive and renewable option for Georgia's electrical power industry.