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Can Wood Pellets Save Coal?

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  • Weiland, Brandon
  • Sesmero, Juan Pablo
  • Preckel, Paul
  • Wetzstein, Michael E.

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  • Weiland, Brandon & Sesmero, Juan Pablo & Preckel, Paul & Wetzstein, Michael E., 2017. "Can Wood Pellets Save Coal?," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258250, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea17:258250
    DOI: 10.22004/ag.econ.258250
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    References listed on IDEAS

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    1. Oscar R. Burt, 1965. "Optimal Replacement under Risk," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(2), pages 324-346.
    2. Anthony H. Chisholm, 1966. "Criteria for Determining the Optimum Replacement Pattern," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(1), pages 107-112.
    3. Gregory Ibendahl & Matthew Farrell & Stan Spurlock & Jesse Tack, 2014. "Optimal replacement age of a conventional cotton harvester system," Agricultural Finance Review, Emerald Group Publishing Limited, vol. 74(1), pages 2-16, April.
    4. Xian, Hui & Colson, Gregory & Mei, Bin & Wetzstein, Michael E., 2015. "Co-firing coal with wood pellets for U.S. electricity generation: A real options analysis," Energy Policy, Elsevier, vol. 81(C), pages 106-116.
    5. John W. McClelland & Micheal E. Wetzstein & Richard K. Noles, 1989. "Optimal Replacement Policies for Rejuvenated Assets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 71(1), pages 147-157.
    6. Basu, Prabir & Butler, James & Leon, Mathias A., 2011. "Biomass co-firing options on the emission reduction and electricity generation costs in coal-fired power plants," Renewable Energy, Elsevier, vol. 36(1), pages 282-288.
    7. Ian M. Dobbs, 2004. "Replacement Investment: Optimal Economic Life Under Uncertainty," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(5‐6), pages 729-757, June.
    8. Ian M. Dobbs, 2004. "Replacement Investment: Optimal Economic Life Under Uncertainty," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 31(5-6), pages 729-757.
    9. G. Scott Smith & Michael E. Wetzstein, 1992. "A Stochastic Asset Replacement Model for Rejuvenated Assets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(2), pages 378-387.
    10. R. K. Perrin, 1972. "Asset Replacement Principles," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(1), pages 60-67.
    11. Adkins, Roger & Paxson, Dean, 2011. "Renewing Assets with Uncertain Revenues and Operating Costs," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 46(3), pages 785-813, June.
    12. Sekar, Ram C. & Parsons, John E. & Herzog, Howard J. & Jacoby, Henry D., 2007. "Future carbon regulations and current investments in alternative coal-fired power plant technologies," Energy Policy, Elsevier, vol. 35(2), pages 1064-1074, February.
    13. Paul A. Samuelson, 1937. "Some Aspects of the Pure Theory of Capital," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(3), pages 469-496.
    14. Robyn McLaughlin & Robert A. Taggart & Jr., 1992. "The Opportunity Cost of Using Excess Capacity," Financial Management, Financial Management Association, vol. 21(2), Summer.
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    Keywords

    Land Economics/Use; Risk and Uncertainty; Production Economics;
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