Technoeconomic analysis of the selected biofuels combustion

Summary
Using the inputs obtained from tasks 5.2 and 5.3 as well as the results of the market studies performed within task 2.1, BIOS will perform techno-economic evaluations regarding the utilisation of the selected biofuels in the tested stoves/boilers. The performance parameters and an evaluation of the economy of the whole system (e.g. investment and operation costs) will be compared with techno-economic performance data of state-of-the-art residential wood pellet as well as natural gas fired boilers. The main results of these studies will comprise conclusions regarding the suitability of the combustion equipment to comply with the efficiency and emission limits established in the existing relevant standards and legislation, the identification of technological improvements as well as conclusions regarding the economic competiveness of these appliances when utilising BIOMASUD fuels.