Economic Impacts of a Biomass Power Project in P apua New Guinea

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Markham Valley Biomass Ltd

This report has been prepared by Economics Consulting Services for Markham Valley Biomass Limited. It describes the expected economic impacts of a biomass based power station in the Lae region of Papua New Guinea. The Ramu electricity grid is the most extensive in PNG and is growing but suffers from a lack of reliable capacity. There are significant benefits from any improvement in the capacity and reliability of the grid but the focus in this study is not on these benefits but on the incremental benefits of delivering reliable electricity using biomass as the primary energy
Source rather than the more common diesel fuelled power station.