Refuse-derived fuel as a secondary energy in Taiwan-Using Hotelling sapce allocation model

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Title:	Refuse-derived fuel as a secondary energy in Taiwan-Using Hotelling sapce allocation model
Authors:	Hong, S. C.;Wey, K. D.
Contributors:	淡江大學會計學系
Date:	2006-12-01
Issue Date:	2011-10-20 12:48:56 (UTC+8)
Abstract:	Most Taiwanese farmers usually blend rice straws into the soil after harvest. However, rice straws possess great thermal energy, which can be used to produce refuse-derived fuel (RDF-5). As Taiwan faces energy shortage, the development benefits of the RDF-5 industry are tempting. This study employs the Hotelling model to design the locations and the optimal numbers of RDF-5 plants. From the technology and material supply point of view, turning waste rice straws into RDF-5 is feasible in Taiwan. Nevertheless, from the business operation perspective, even if the RDF-5 plant is willing to lower its profit rate, its selling price is still hard to compete with imported RDF-5. If the Taiwanese government decides to pursue RDF-5 as an alternative energy, they might need to take a step further to subsidize entrepreneurs or provide appropriate tax benefits. Otherwise, the RDF-5 industry is hard to survive in Taiwan.
Relation:	Resources Policy 31, pp.204-210
DOI:	10.1016/j.resourpol.2007.01.004
Appears in Collections:	[Graduate Institute & Department of Accounting] Journal Article

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