The economic price of biomass energy plantation in the implementation of cofiring in Indonesia

Abstract

Abstract Biomass pricing plays an important role in ensuring the success of cofiring programs in coal-fired power plants. Higher prices will increase production costs, while setting lower prices may affect the sustainability of the biomass supplies. Therefore, determining the right price for biomass can provide a mutually beneficial solution between PLN and biomass industries. To determine the optimal price, it is necessary to calculate the price of biomass from the supply side (industry). It should have the minimum price that can still bring profits for the biomass industries. Fair economic prices are keys to creating an environment and business security that supports business development in the energy plantation (HTE) ecosystem for the implementation of cofiring.