Developing biomass energy from agricultural by-products in the context of trade development
Nguyen Thi Khanh, Nguyễn Quốc Toản
Abstract
With global trade development, emerging economies can absorb biomass energy production techniques and technologies from developed countries. However, several constraints still need to be improved in producing biomass energy in emerging economies. Therefore, this research aims to understand the critical motivating factors of biomass energy production that contribute to a circular economy via agricultural by-products in Vietnam's emerging economy. This study employs a qualitative analysis using information from the in-depth interviews of farmer households, agricultural by-product traders, and bioenergy producers in Vietnam. This study revealed the motivating factors as the main determinants in producing biomass energy: (1) digitalization, (2) technical and logistics, (3) social capital, (4) prices, and (5) government supports. This study also confirms that Vietnam has diverse biomass waste sources and a high potential for biomass energy production. To motivate biomass energy development, the government should support credit and loans for stakeholders in producing biomass energy. Moreover, the government should encourage and support energy producers to implement digital transformation to expand production scale and improve business operations. Insights from this study can help farmers, traders, and bioenergy producers by adapting their strategies within their local contexts.