FutureMetrics: Wood pellets offer low-cost CO2 reduction

FutureMetrics recently published a white paper, titled “The Lowest Cost Solution for Maximum Decarbonization of the Power Sector While Maintaining Grid Reliability,” that compares two scenarios for powering carbon emissions in the power generation sector.

The first scenario assumes coal plants are retired and replaced with new combined cycle natural gas generation stations. The second assumes that existing pulverized coal plants are modified to use wood pellets rather than coal. Within the paper, author William Strauss notes his analysis shows converting coal plants to wood pellets is the solution that provides significantly higher carbon dioxide reduction at a lower net monetary cost per avoided ton.

Source: FutureMetrics: Wood pellets offer low-cost CO2 reduction | Biomassmagazine.com