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Can Biomass Co-firing Boost the Rural Economy in Utah?
(2015)
  • Man-Keun Kim, Utah State University
Abstract
The objective of the research is to investigate the regional economic impacts of the biomass co-firing in generating electricity in Utah. Also the research identifies the biomass feedstock (crop residues) supply regions in Utah to provide strategic policy recommendation to boost rural areas. Economic impacts are based on the additional revenue to farmers from selling crop residues for the biomass co-firing. It generates the additional $7.02 million in gross revenue for the Utah farms assuming $40 per ton of crop residue (biomass) price. Total economic impact in Utah is estimated to be $12.54 million, 210 new jobs and $4.81 million in value added. Tax revenue is estimated to be $0.85 million. Box Elder, Cache and Utah counties are the major biomass supply regions that are relatively close to coal-fired power plants where most of crops are produced.
Publication Date
May, 2015
Publisher
Utah Agricultural Experiment Station, Utah State University
Citation Information
Man-Keun Kim. Can Biomass Co-firing Boost the Rural Economy in Utah?. (2015)
Available at: http://works.bepress.com/man-keun_kim/45/