Book contents
- Market Studies
- Market Studies
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Introduction: The Multiple Pasts, Presents and Futures of Markets and Market Studies
- Part I Market Designs and Market Misfires
- Part II Post-Performative Approaches to Studying Markets
- Part III Valuation
- Chapter 10 Facets of Worth: Valuation Processes in the Polished Diamond Market
- Chapter 11 Biomass Qualification and the Dynamics of Market Framing
- Chapter 12 Does Forgetting Make Markets? Historical Silence in the Political Risk Insurance Market
- Chapter 13 Vintage Steel Bicycles and a Theory of Value Bricolage
- Chapter 14 Valuation in the Market for High-End Audio: Hunting ‘Monsters’ in Analogue Discs
- Part IV Markets in Motion: Places and Spaces
- Part V The Secret Life of Market Studies Methods
- Part VI Broadening the Perspectives in Market Studies
- Part VII Future (Im)Perfect Markets
- Index
- References
Chapter 11 - Biomass Qualification and the Dynamics of Market Framing
from Part III - Valuation
Published online by Cambridge University Press: aN Invalid Date NaN
- Market Studies
- Market Studies
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgements
- Introduction: The Multiple Pasts, Presents and Futures of Markets and Market Studies
- Part I Market Designs and Market Misfires
- Part II Post-Performative Approaches to Studying Markets
- Part III Valuation
- Chapter 10 Facets of Worth: Valuation Processes in the Polished Diamond Market
- Chapter 11 Biomass Qualification and the Dynamics of Market Framing
- Chapter 12 Does Forgetting Make Markets? Historical Silence in the Political Risk Insurance Market
- Chapter 13 Vintage Steel Bicycles and a Theory of Value Bricolage
- Chapter 14 Valuation in the Market for High-End Audio: Hunting ‘Monsters’ in Analogue Discs
- Part IV Markets in Motion: Places and Spaces
- Part V The Secret Life of Market Studies Methods
- Part VI Broadening the Perspectives in Market Studies
- Part VII Future (Im)Perfect Markets
- Index
- References
Summary
This chapter examines the interrelationship between “a market’s materialities and practices” (Geiger and Gross, 2018) by offering an account of how a particular source of energy – wooden biomass – became a perferred energy resource in the Danish energy system. This chapter examines how biomass is qualified, i.e., identified, measured, framed, and, thereby, known. However, the materiality of forests and wooden biomass affords multiple understandings depending on the epistemic equipment – theories, models, and measurements – used. This introduces an epistemic uncertainty in how biomass can be known, providing opportunities for expression and enactment of interests, making policymaking more complex and more contentious. Our analysis highlights the antagonism and power struggles involved in the dynamics of market framing. The chapter concludes with a discussion on how the material ‘unruliness’ of biomass calls for complex accounting methods, leaving biomass incumbents much maneuver room and jeopardizing Denmark’s reputation as ‘a frontrunner’ in energy transition. The chapter contributes to Market Studies research by demonstrating the dual role of materiality in shaping (concrete, situated) interests and valuations while simultaneouly also affecting conditions for future maneuvering/actions. Further, the analysis brings out the politics of valuation.
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- Information
- Market StudiesMapping, Theorizing and Impacting Market Action, pp. 176 - 193Publisher: Cambridge University PressPrint publication year: 2024