2021
DOI: 10.3390/f12101332
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The Value of Hybrid Aspen Coppice Investment under Different Discount Rate, Price and Management Scenarios: A Case Study of Estonia

Abstract: Hybrid aspen is one of the most promising tree species for short-rotation forestry in Northern Europe. After the clearcutting of hybrid aspen plantation, the next generation arises from root and stump sprouts. The economic feasibility of different management strategies of hybrid aspen coppice stands has not yet been comprehensively evaluated in Northern Europe. We compared the land expectation values (LEVs) of hybrid aspen coppice stands managed according to four scenarios: three early thinning methods (corrid… Show more

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Cited by 3 publications
(2 citation statements)
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“…The second type of climate benefit, related to avoided emissions through substitution of fossil-based resources, is not straightforward and sometimes difficult to quantify, and thus involves many uncertainties. This climate benefit arises outside the property boundary and is linked to different products, and its value is indirectly reflected in the price volatility of the raw material (e.g., pulpwood price is low and then it goes to energy-wood, which lowers the climate benefit of birch, aspen and poplar) [69]. We have chosen to base substitution factors on data from the literature [64] and assessed them as reasonable, but we also acknowledge that the uncertainty increases over time in the scenario analysis that has been performed.…”
Section: Discussionmentioning
confidence: 99%
“…The second type of climate benefit, related to avoided emissions through substitution of fossil-based resources, is not straightforward and sometimes difficult to quantify, and thus involves many uncertainties. This climate benefit arises outside the property boundary and is linked to different products, and its value is indirectly reflected in the price volatility of the raw material (e.g., pulpwood price is low and then it goes to energy-wood, which lowers the climate benefit of birch, aspen and poplar) [69]. We have chosen to base substitution factors on data from the literature [64] and assessed them as reasonable, but we also acknowledge that the uncertainty increases over time in the scenario analysis that has been performed.…”
Section: Discussionmentioning
confidence: 99%
“…Populus and Salix plants can also tolerate relatively low nutrient levels, unbalanced pH levels, and increased salt levels in soil (Mosseler et al 2014b(Mosseler et al , 2014cCastaño-Díaz et al 2017). Their use offers both environmental and economic benefits, including improvement of soil quality, ecosystem restoration, and sustainable bioenergy production (Volk et al 2004;Christersson 2011;González-García et al 2012;Isebrands et al 2014;Gkorezis et al 2016;Asad et al 2017;Ziegler-Devin et al 2019;Hepner et al 2021;Eadha 2022;Kaivapalu et al 2023). For example, in Finland, it has been estimated that Salix biochar production from all marginal lands could offset 7.7% of yearly agricultural greenhouse gas emissions (Leppäkoski et al 2021).…”
Section: Joensuu January 2024mentioning
confidence: 99%