Issues Confronting Biomass Energy Ventures

Biomass resources can be transformed into clean energy and/or fuels by thermal and biochemical technologies. Besides recovery of substantial energy, these technologies can lead to a substantial reduction in the overall waste quantities requiring final disposal.

Biomass_Cogeneration

However, biomass energy projects worldwide are often hampered by a variety of techno-commercial issues. The issues enumerated below are not geography-specific and are usually a matter of concern for project developers, entrepreneurs and technology companies:

Large Project Costs

In India, a 1 MW gasification plant usually costs about USD 1-1.5 million. A combustion-based 1 MW plant would need a little more expenditure, to the tune of USD 1-2 million. An anaerobic digestion-based plant of the same capacity, on the other hand, could range anywhere upwards USD 3 million. Such high capital costs prove to be a big hurdle for any entrepreneur or renewable energy enthusiast to come forward and invest into these technologies.

Low Conversion Efficiencies

In general, efficiencies of combustion-based systems are in the range of 20-25% and gasification-based systems are considered even poorer, with their efficiencies being in the range of a measly 10-15%. The biomass resources themselves are low in energy density, and such poor system efficiencies could add a double blow to the entire project.

Dearth of Mature Technologies

Poor efficiencies call for a larger quantum of resources needed to generate a unit amount of energy. Owing to this reason, investors and project developers find it hard to go for such plants on a larger scale. Moreover, the availability of only a few reliable technology and operation & maintenance service providers makes these technologies further undesirable.

Gasification technology is still limited to scales lesser than 1 MW in most parts of the world. Combustion-based systems have although gone upwards of 1 MW, a lot many are now facing hurdles because of factors like unreliable resource chain, grid availability, and many others.

Lack of Funding Options

Financing agencies usually give a tough time to biomass project developers as compared to what it takes to invest in other renewable energy technologies.

Non-Transparent Trade Markets

Usually, the biomass energy resources are obtained through forests, farms, industries, animal farms etc. There is no standard pricing mechanism for such resources and these usually vary from vendor to vendor, even with the same resource in consideration.

High Risks / Low Pay-Backs

Biomass energy projects are not much sought-after owing to high project risks which could entail from failed crops, natural disasters, local disturbances, etc.

Resource Price Escalation

Unrealistic fuel price escalation too is a major cause of worry for the plant owners. Usually, an escalation of 3-5% is considered while carrying out the project’s financial modelling. However, it has been observed that in some cases, the rise has been as staggering as 15-20% per annum, forcing the plants to shut down.

4 Fascinating Benefits of Studying Supply Chain and Logistics Management

The business world is quite dynamic. You need to have a comprehensive understanding of how it operates. It’s essential to learn the process within and between an organization. Its where supply chain and logistics management comes in. It’s an exciting course that you can take online. Here are the top fascinating benefits of studying supply chain and logistics management.

1. Improve the organization’s profitability

There’re numerous job opportunities within supply chain management. Organizations are searching for individuals who can contribute to their financial success. They need someone who can analyze cost efficiencies, maintain proper inventory levels as well as decrease operating expenses

Working as a supply chain manager is beneficial as you get to do what you enjoy. You contribute to the company’s goal of increasing sales, infiltrating new markers as well as making a difference. It’s a chance to make the company gain a competitive advantage as well as increase shareholder value. Engaging in online management courses is the ideal way to prepare you for the responsibilities that lie ahead.

2. Logistics as well as decision making

Businesses continue to experience significant changes, and the global supply chain continues to become dated. Its causing businesses to keep struggling when they have to adapt to manufacturing location changes and using cost-effective techniques

Companies keep looking for individuals who have logistic management training. Its because these individuals can spot a complication. They then proceed to provide the best possible solution. It’s nice to study a course that is quite relevant to business dynamics.

3. Proper system implementation

Studying supply chain and logistics management is a suitable career investment. It enables you to work around the technology. You stand to benefit from implementing new technology into a company’s current operations. It is because these technological advancements minimize cost as well as streamline the processes.

Being a supply chain manager means you will be at the forefront of applying the best possible technology. You must undertake a course that will enable you to be part of the movers and shakers of the organization.

4. Keep up with challenges and trends

When you choose to study supply chain and logistics management, you get to know how to handle trends in the industry. It’s an excellent opportunity to deal with what clients want and calculating the company’s books.

It’s time to embrace new technology and spearhead it within an organization. You get to keep a close eye on each further advancement and offer excellent communication to clients, vendors, and the company. In the current world, you need to take a thrilling course that will enable you to stay relevant in the ever-changing business environment

The beauty of studying supply chain and logistics management is that there are plenty of job opportunities. You get to possess an educational background to work as an enterprise process engineer, an analyst as well as a scheduling manager. You can take up various online management courses to further your career. It’s a convenient time to enhance a company’s responsiveness, offer value to clients, develop networking resilience, and so much more.