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An economic analysis of biochar production using residues from Eucalypt plantations

journal contribution
posted on 2023-05-18, 11:44 authored by Anna Wrobel-TobiszewskaAnna Wrobel-Tobiszewska, Boersma, M, Sargison, J, Adams, P, Jarick, S
Producing biochar from organic residues is a potential method to integrate carbon sequestration and residue management costs while enhancing conventional agricultural and forestry production systems. Plantation forestry is an important industry in Tasmania, and is based on large scale plantations of Pinus radiata and Eucalyptus (Eucalyptus globulus and E. nitens). The area covered by forestry plantations in Tasmania (on State land) exceeds 100 000 ha, while plantations on private land double this number. Eucalypt plantations are managed primarily for the production of high-value pruned logs for industry; however, unpruned saw logs, peelers, poles, posts and pulp are also produced, and significant quantities of residue are produced as a byproduct. This study was an economic analysis that considered on-site biochar production system using post-harvest forestry residues, with biochar being utilized within the system, or sold as a product. The financial analysis was based on previous experimental outcomes on the use of Macadamia shell biochar in Eucalyptus nitens plantations, and the local operating environment in Tasmania; including current forestry procedures used for managing plantations. A number of assumptions were considered concerning a) production costs, b) savings enjoyed by traditional operations, following biochar scenario implementation, and c) biochar sales. The analysis revealed a potential annual income of over 179 k$ (2014 value) and the sensitivity analysis identified the crucial factors responsible for scenario profitability, namely biochar price and final product distribution.

Funding

Tasmanian Community Fund

History

Publication title

Biomass and Bioenergy

Volume

81

Pagination

177-182

ISSN

0961-9534

Department/School

School of Engineering

Publisher

Pergamon-Elsevier Science Ltd

Place of publication

The Boulevard, Langford Lane, Kidlington, Oxford, England, Ox5 1Gb

Rights statement

© 2015 Elsevier Ltd. All rights reserved.

Repository Status

  • Restricted

Socio-economic Objectives

Forestry not elsewhere classified

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