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Month: October 2017

Environmental Risk Aversion for Waste Derived Biomass

1.0 Introduction This 21st century has become an age of recycling where a lots of emphasize is placed on reuse of material to curb current environmental problems and maximize use of depleting natural resources and energy conservation. Modern day sustainable use and management of resource recommend need to incorporate recycling culture in our ways of life including technological process. Biomass is not left behind in this; the use of biomass energy resource derived from the carbonaceous waste of various natural and human activities to produce electricity is becoming popular. Biomass is considered as one of the clean, more- efficient and more-stable means of power generation. And it has become imperative for marine industry to tap this new evolving power generation mode especially the use of micro generation approach considering the mobile nature of ships. Biofuels exist in solid, liquid or gas form thereby potentially affecting three of our core markets. Solid biofuels or biomass tend to be used in external combustion, however its use in the shipping industry has been limited to liquid biofuel due to lack of appropriate information economics forecasts, Sources of biomass include by-products from the timber industry, agricultural crops, raw material from the forest, major parts of household waste, and demolition wood, all things being equal using pure biomass that do not affect human and ecological chain make it suitable energy source. Biomass has low...

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Environmental Risk Aversion for Waste Derived Biomass

1.0 Introduction This 21st century has become an age of recycling where a lots of emphasize is placed on reuse of material to curb current environmental problems and maximize use of depleting natural resources and energy conservation. Modern day sustainable use and management of resource recommend need to incorporate recycling culture in our ways of life including technological process. Biomass is not left behind in this; the use of biomass energy resource derived from the carbonaceous waste of various natural and human activities to produce electricity is becoming popular. Biomass is considered as one of the clean, more- efficient and more-stable means of power generation. And it has become imperative for marine industry to tap this new evolving power generation mode especially the use of micro generation approach considering the mobile nature of ships. Biofuels exist in solid, liquid or gas form thereby potentially affecting three of our core markets. Solid biofuels or biomass tend to be used in external combustion, however its use in the shipping industry has been limited to liquid biofuel due to lack of appropriate information economics forecasts, Sources of biomass include by-products from the timber industry, agricultural crops, raw material from the forest, major parts of household waste, and demolition wood, all things being equal using pure biomass that do not affect human and ecological chain make it suitable energy source. Biomass has low...

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