Regional effects of a green steel industry : Fuel substitution and feedstock competition
Forestry and forest industry sectors have vital roles for many regional economies. Consequently, it is important to understand how the introduction of the iron and steel industry (ISI) as a new large consumer of woody materials may affect existing feedstock markets. The use of metallurgical coal can...
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Language: | English |
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Luleå tekniska universitet, Samhällsvetenskap
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Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-71658 https://doi.org/10.1080/02827581.2018.1543445 |
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ftluleatu:oai:DiVA.org:ltu-71658 2023-05-15T17:44:45+02:00 Regional effects of a green steel industry : Fuel substitution and feedstock competition Olofsson, Elias 2019 application/pdf http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-71658 https://doi.org/10.1080/02827581.2018.1543445 eng eng Luleå tekniska universitet, Samhällsvetenskap London Scandinavian Journal of Forest Research, 0282-7581, 2019, 34:1, s. 29-52 http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-71658 doi:10.1080/02827581.2018.1543445 ISI:000457578000005 Scopus 2-s2.0-85057083762 info:eu-repo/semantics/openAccess Partial equilibrium modeling forest sector model roundwood competition steel industry charcoal optimization problem Economics Nationalekonomi Article in journal info:eu-repo/semantics/article text 2019 ftluleatu https://doi.org/10.1080/02827581.2018.1543445 2022-10-25T20:57:05Z Forestry and forest industry sectors have vital roles for many regional economies. Consequently, it is important to understand how the introduction of the iron and steel industry (ISI) as a new large consumer of woody materials may affect existing feedstock markets. The use of metallurgical coal can partially or fully be substituted by refined biomass. To analyze the potential consequences of a new woody consumer on regional markets, three regions in northern Sweden and Finland are used as a case. A regional partial equilibrium model is developed, the Norrbotten County Forest Sector Model (NCFSM), and applied on three different scenarios. The purpose of the study is to analyze the intra- and inter-regional effects increased competition for woody materials may have on regional markets and on the economic well-being of the regions. The result suggest that the total welfare effect is relatively small, however, some regional welfare distributional effects are observed. Additionally, the price of roundwood will only be moderately affected if the ISI sector switch from fossil fuels to refined woody biomass. However, secondary woody materials, i.e. by-products and harvesting residues, will experience larger price shifts. Validerad;2018;Nivå 2;2018-11-21 (svasva) Article in Journal/Newspaper Northern Sweden Norrbotten Luleå University of Technology Publications (DiVA) Isi ENVELOPE(-38.550,-38.550,65.617,65.617) Scandinavian Journal of Forest Research 34 1 39 52 |
institution |
Open Polar |
collection |
Luleå University of Technology Publications (DiVA) |
op_collection_id |
ftluleatu |
language |
English |
topic |
Partial equilibrium modeling forest sector model roundwood competition steel industry charcoal optimization problem Economics Nationalekonomi |
spellingShingle |
Partial equilibrium modeling forest sector model roundwood competition steel industry charcoal optimization problem Economics Nationalekonomi Olofsson, Elias Regional effects of a green steel industry : Fuel substitution and feedstock competition |
topic_facet |
Partial equilibrium modeling forest sector model roundwood competition steel industry charcoal optimization problem Economics Nationalekonomi |
description |
Forestry and forest industry sectors have vital roles for many regional economies. Consequently, it is important to understand how the introduction of the iron and steel industry (ISI) as a new large consumer of woody materials may affect existing feedstock markets. The use of metallurgical coal can partially or fully be substituted by refined biomass. To analyze the potential consequences of a new woody consumer on regional markets, three regions in northern Sweden and Finland are used as a case. A regional partial equilibrium model is developed, the Norrbotten County Forest Sector Model (NCFSM), and applied on three different scenarios. The purpose of the study is to analyze the intra- and inter-regional effects increased competition for woody materials may have on regional markets and on the economic well-being of the regions. The result suggest that the total welfare effect is relatively small, however, some regional welfare distributional effects are observed. Additionally, the price of roundwood will only be moderately affected if the ISI sector switch from fossil fuels to refined woody biomass. However, secondary woody materials, i.e. by-products and harvesting residues, will experience larger price shifts. Validerad;2018;Nivå 2;2018-11-21 (svasva) |
format |
Article in Journal/Newspaper |
author |
Olofsson, Elias |
author_facet |
Olofsson, Elias |
author_sort |
Olofsson, Elias |
title |
Regional effects of a green steel industry : Fuel substitution and feedstock competition |
title_short |
Regional effects of a green steel industry : Fuel substitution and feedstock competition |
title_full |
Regional effects of a green steel industry : Fuel substitution and feedstock competition |
title_fullStr |
Regional effects of a green steel industry : Fuel substitution and feedstock competition |
title_full_unstemmed |
Regional effects of a green steel industry : Fuel substitution and feedstock competition |
title_sort |
regional effects of a green steel industry : fuel substitution and feedstock competition |
publisher |
Luleå tekniska universitet, Samhällsvetenskap |
publishDate |
2019 |
url |
http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-71658 https://doi.org/10.1080/02827581.2018.1543445 |
long_lat |
ENVELOPE(-38.550,-38.550,65.617,65.617) |
geographic |
Isi |
geographic_facet |
Isi |
genre |
Northern Sweden Norrbotten |
genre_facet |
Northern Sweden Norrbotten |
op_relation |
Scandinavian Journal of Forest Research, 0282-7581, 2019, 34:1, s. 29-52 http://urn.kb.se/resolve?urn=urn:nbn:se:ltu:diva-71658 doi:10.1080/02827581.2018.1543445 ISI:000457578000005 Scopus 2-s2.0-85057083762 |
op_rights |
info:eu-repo/semantics/openAccess |
op_doi |
https://doi.org/10.1080/02827581.2018.1543445 |
container_title |
Scandinavian Journal of Forest Research |
container_volume |
34 |
container_issue |
1 |
container_start_page |
39 |
op_container_end_page |
52 |
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1766147025713233920 |