Journal of Forest Economics > Vol 10 > Issue 4

An engineering economics approach to the estimation of forest fuel supply in North-Trøndelag county, Norway

Even Bjørnstad, , even.bjornstad@ntforsk.no
 
Suggested Citation
Even Bjørnstad (2005), "An engineering economics approach to the estimation of forest fuel supply in North-Trøndelag county, Norway", Journal of Forest Economics: Vol. 10: No. 4, pp 161-188. http://dx.doi.org/10.1016/j.jfe.2004.11.002

Published: 25 Feb 2005
© 0 2005 Even Bjørnstad
 
Subjects
 
Keywords
JEL Codes:Q230Q420
BioenergyCostsForestryHarvesting
 

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In this article:
Introduction
The engineering economics approach
A general model for forest fuel production
Application of the model and data requirements
Results and discussion

Abstract

The article reports a study performed in North-Trøndelag county in Norway, aiming at identifying the economic supply curve for forest fuels. Using an engineering economics approach, the potential forest fuel production is described as a function of the existing traditional forestry. Based on a set of energy raw materials including (i) harvesting residues, (ii) low-quality trees, (iii) thinnings and (iv) hardwoods, necessary adjustments of the existing forestry technology are described and used as a basis for the calculations. Depending on fuel market prices, a total annual amount of forest fuels close to 0.5TWh is available in the county.

DOI:10.1016/j.jfe.2004.11.002