Forest Products Laboratory

Title: Wood fueled boiler financial feasibility user's manual

Author: Govett, Robert; Bowe, Scott; Mace, Terry; Hubbard, Steve; Dramm, John (Rusty); Bergman, Richard

Date: 2005

Source: Madison, WI : Wisconsin Dept. of Natural Resources, Division of Forestry, 2005: 13 pages

Description: “Wood Fueled Boiler Financial Feasibility” is a spreadsheet program designed for easy use on a personal computer. This program provides a starting point for interested parties to perform financial feasibility analysis of a steam boiler system for space heating or process heat. By allowing users to input the conditions applicable to their current or proposed fuel systems, “Wood Fueled Boiler Financial Feasibility” provides an opportunity to compare wood or bark fuel as alternates to the existing fuel. This program has been designed for use by most decision-makers seeking basic insight such as annual savings and potential payback of wood fuel. More detailed financial feasibility estimates can also be done on a 20-year period of analysis for those who have greater technical expertise and are more knowledgeable in conducting such analyses. It is suggested that first-time users read this manual and carefully examine all explanatory text in the spreadsheet related to entries, calculations, and interpretations prior to initial use of the spreadsheet.

Keywords: Fuelwood industry, economic aspects, energy industries, steam boilers, efficiency, feasibility studies, fuelwood, wood waste as fuel, wood as fuel, Excel, Wood Fueled Boiler Financial Feasibility

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Citation

Govett, Robert; Bowe, Scott; Mace, Terry; Hubbard, Steve; Dramm, John (Rusty); Bergman, Richard  2005.  Wood fueled boiler financial feasibility user's manual.   Madison, WI : Wisconsin Dept. of Natural Resources, Division of Forestry, 2005: 13 pages.