Techno-Economic Analysis of Biomass Energy Utilization through Gasification Technology for Sustainable Energy Production and Economic Development in Nigeria

<table class="fixed-width table-group" id="tab14"><tr><td><table class="table"><colgroup><col style="width:12.93em"/><col style="width:14.65em"/></colgroup><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr class="thead"><td class="align_left"><b>Parameter</b></td><td class="align_center"><b>Percentage of Initial Investment</b></td></tr><tr><td class="thead-hr" colspan="2"><hr/></td></tr><tr><td class="align_left">Depreciation</td><td class="align_center">19</td></tr><tr><td class="align_left">Interest rate</td><td class="align_center">10</td></tr><tr><td class="align_left">Discount rate</td><td class="align_center">10</td></tr><tr><td class="align_left">Salvage value</td><td class="align_center">10</td></tr><tr><td class="align_left">Labour</td><td class="align_center">10</td></tr><tr><td class="align_left">Repair and Maintenance cost</td><td class="align_center">3</td></tr><tr class="table-tr"><td colspan="2"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>Additional economic parameter for biomass gasification power plant.</div>

Journal of Energy

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Table 14

Table 14: Techno-Economic Analysis of Biomass Energy Utilization through Gasification Technology for Sustainable Energy Production and Economic Development in Nigeria 

Table 14 | Techno-Economic Analysis of Biomass Energy Utilization through Gasification Technology for Sustainable Energy Production and Economic Development in Nigeria 