Table 4. The comparison of fuel cost in wood chips and wood pellets.
Unit: 1000 KRW

Heat Electricity Total revenue Wood chips (2,700 kcal/kg)
Sales (Gcal/year) Revenue Sales (MWh/year) Revenue REC revenue Consumption (ton) Price (KRW/ton) Fuel cost
2,653 171,898 491 74,075 19,622 265,595 1,795 95,000 170,529
Wood pellets (3,940 kcal/kg)
1,230 320,000 393,634