Biomass (energy)Biomass, in the context of energy production, is matter from recently living (but now dead) organisms which is used for bioenergy production. Examples include wood, wood residues, energy crops, agricultural residues including straw, and organic waste from industry and households. Wood and wood residues is the largest biomass energy source today. Wood can be used as a fuel directly or processed into pellet fuel or other forms of fuels. Other plants can also be used as fuel, for instance maize, switchgrass, miscanthus and bamboo.
TorrefactionTorrefaction of biomass, e.g., wood or grain, is a mild form of pyrolysis at temperatures typically between 200 and 320 °C. Torrefaction changes biomass properties to provide a better fuel quality for combustion and gasification applications. Torrefaction produces a relatively dry product, which reduces or eliminates its potential for organic decomposition. Torrefaction combined with densification creates an energy-dense fuel carrier of 20 to 21 GJ/ton lower heating value (LHV).
Sustainable energyEnergy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs." Most definitions of sustainable energy include considerations of environmental aspects such as greenhouse gas emissions and social and economic aspects such as energy poverty. Renewable energy sources such as wind, hydroelectric power, solar, and geothermal energy are generally far more sustainable than fossil fuel sources.
BioenergyBioenergy is energy made or generated from biomass, which consists of recently living (but now dead) organisms, mainly plants. Types of biomass commonly used for bioenergy include wood, food crops such as corn, energy crops and waste from forests, yards, or farms. The IPCC (Intergovernmental Panel on Climate Change) defines bioenergy as a renewable form of energy. Bioenergy can either mitigate (i.e. reduce) or increase greenhouse gas emissions. There is also agreement that local environmental impacts can be problematic.
Miscanthus × giganteustaxobox |name = Miscanthus × giganteus |image = Miscanthus Bestand.JPG |regnum = Plantae |unranked_divisio = Angiosperms |unranked_classis = Monocots |unranked_ordo = Commelinids |ordo = Poales |familia = Poaceae |subfamilia = Panicoideae |genus = Miscanthus |species = M. × giganteus |binomial = Miscanthus × giganteus |binomial_authority = J.M.Greef , Deuter ex Hodk., Renvoize 2001 |synonyms_ref= |synonyms = Miscanthus × changii Y.N.Lee Miscanthus × latissimus Y.N.Lee Miscanthus × longiberbis (Hack.
Energy cropEnergy crops are low-cost and low-maintenance crops grown solely for renewable bioenergy production (not for food). The crops are processed into solid, liquid or gaseous fuels, such as pellets, bioethanol or biogas. The fuels are burned to generate electrical power or heat. The plants are generally categorized as woody or herbaceous. Woody plants include willow and poplar, herbaceous plants include Miscanthus x giganteus and Pennisetum purpureum (both known as elephant grass).
Electricity marketIn a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had undergone enormous changes for reasons ranging from the technological advances on supply and demand sides to politics and ideology.
Low-carbon powerLow-carbon power is electricity produced with substantially lower greenhouse gas emissions than conventional fossil fuel power generation. The energy transition to low-carbon power is one of the most important actions required to limit climate change. Power sector emissions may have peaked in 2018. During the first six months of 2020, scientists observed an 8.8% decrease in global CO2 emissions relative to 2019 due to COVID-19 lockdown measures. The two main sources of the decrease in emissions included ground transportation (40%) and the power sector (22%).
Competition (economics)In economics, competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products. The greater the selection of a good is in the market, the lower prices for the products typically are, compared to what the price would be if there was no competition (monopoly) or little competition (oligopoly).
Competition lawCompetition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. The history of competition law reaches back to the Roman Empire.
