Year: 1980
Type: article
Abstract: The Brookhaven National Laboratory pulp and paper industry process model is used to project market penetration of energy conserving technologies and purchased energy for the paper industry. The risk adjusted discount rate concept is incorporated to penalize the capital costs of unproven technologies. For this analysis, the production-cost minimization objective is relaxed to explore near-minimum cost industry alternatives. Allowing paper production to include all possibilities within 1% of the absolute minimum costs results in very significant variations in both projected market penetration levels and energy use. Industry model results relying solely on the cost minimization objective for market penetration and energy demand forecasts may be highly suspect.
Authors: Pilati, D A, Howe, S O, Balzer, C, Sparrow, F T
Language: English
Field: Energy
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W20208393