Renewable energy in chemical industry – the case of formic acid production
by Jouko Arvola, Matti Muhos, Pekka Belt, Pekka Kess
International Journal of Sustainable Economy (IJSE), Vol. 3, No. 4, 2011

Abstract: This paper analyses the economical viability of replacing fossil energy by renewable sources by taking CO₂ emission legislation into account. A single chemical industry case, formic acid production, is studied in a tangible manner to provide a concrete example for industrial managers and legislators. The practical case was supported by examining scientific and other databases. This study indicates that new environmental legislation makes it economically viable to replace fossil energy by renewable sources, such as wood biomass. However, the results indicate that the current and coming legislation do not cover the entire product life cycle of carbon dioxide releasing chemical products. The results of this paper can be utilised by managers of companies with high-energy consumption and/or high usage of fossil raw materials.

Online publication date: Tue, 04-Oct-2011

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Sustainable Economy (IJSE):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com