According to estimates, Indonesia only produces 146.7 million tons of biomass per year, equivalent to almost 5000 GJ in terms of energy production. Having said that, biomass is largely concentrated on the Island of Kalimantan, Sumatera, Irian Jaya, and Sulawesi. The power generation is estimated to be about 150 million ton of biomass residues every year, equivalent to roughly 470 GJ per year.The major sources of biomass energy in Indonesia are -
Rubberwood Residues (120 GJ per year),
Rice Residues (150 GJ per year),
Sugar mill residues (78 GJ per year),
Palm oil residues (67 GJ per year),
The combination of plywood residues, logging residues, sawn timber residues, veneer residues, and coconut residues (20 GJ per year)
Rice Residues (150 GJ per year),
Sugar mill residues (78 GJ per year),
Palm oil residues (67 GJ per year),
The combination of plywood residues, logging residues, sawn timber residues, veneer residues, and coconut residues (20 GJ per year)
Another important source of biomass waste is a municipal solid waste (MSW). As of now, all of these organic (domestic) wastes are either dumped in a landfill or burned in an incinerator, before their conversion into usable forms of renewable energy. A project like TerraGreen holds many prospects for the future, with the foremost advantage being the commodification of renewable energy. It would be interesting to see how the powerful new venture pans out.
TerraGreen Use-Case:
The tokenized energy units will be cryptographically linked with the TerraGreen Coin and mounted on the blockchain. This unique digital ‘energy value’ asset has the potential for creating a revolutionary and ‘trustless’ mechanism for micro-managing biomass wastes, ranging from agricultural, farming and forestry sectors.
The following factors are crucial for the success of TerraGreen project.
1. Energy production
2. Energy consumption
3. Market liquidity Rubberwood
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