Energy recovery from waste biomass can have significant impacts on the\nmost pressing development challenges of rural poverty and environmental\ndamages. In this paper, a techno-economic analysis is carried out for electricity\ngeneration by using timber and wood waste (T & WW) gasification in\nIceland. Different expenses were considered, like capital, installation, engineering,\noperation and maintenance costs and the interest rate of the investment.\nRegarding to revenues, they come from of the electricity sale and the\nfee paid by the Icelandic municipalities for waste collection and disposal. The\neconomic feasibility was conducted based on the economic indicators of net\npresent value (NPV) and discounted payback period (DPP), bringing together\nthree different subgroups based on gasifier capacities, subgroup a: 50 kW,\nsubgroup b: 100 kW and subgroup c: 200 kW. The results show that total cost\nincreases as the implemented power is increased..................
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