COMPARE : a method for analyzing investment alternatives in industrial wood and bark energy systems

Peter J. Ince

doi:10.2737/FPL-GTR-36

Treesearch

COMPARE : a method for analyzing investment alternatives in industrial wood and bark energy systems

Informally Refereed

Authors:

Peter J. Ince

Year:

1983

Type:

General Technical Report

Station:

Forest Products Laboratory

DOI:

https://doi.org/10.2737/FPL-GTR-36

Source:

Gen. Tech. Rep. FPL-36. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory; 1983. 27 p.

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Abstract

COMPARE is a FORTRAN computer program resulting from a study to develop methods for comparative economic analysis of alternatives in industrial wood and bark energy systems. COMPARE provides complete guidelines for economic analysis of wood and bark energy systems. As such, COMPARE can be useful to those who have only basic familiarity with investment analysis of wood and bark energy systems. This report provides instructions on how to prepare data for COMPARE, information on how to use the program, sample data, sample output, and a listing of the program. COMPARE ranks investment alternatives according to the highest benefit cost ratio based on discounted energy values and cash flows. The use of a benefit cost ratio as a ranking criterion is analyzed and explained in an appendix to this report.

Keywords

Energy, computer software, economic analysis, bark, cash flow analysis, investments, computer programs, COMPARE (Computer program), fuelwood, economic aspects

Citation

Ince, Peter J. 1983. COMPARE : a method for analyzing investment alternatives in industrial wood and bark energy systems. Gen. Tech. Rep. FPL-36. Madison, WI: U.S. Department of Agriculture, Forest Service, Forest Products Laboratory; 1983. 27 p.