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A Monte Carlo simulation model was constructed to analyze the economic feasibility of growing algae as a renewable fuel …
Persistent link: https://www.econbiz.de/10008922686
We estimate the contract prices that must be paid to grow cellulosic energy crops, and the costs of harvesting and transporting those crops in the Beaumont, TX area. Results indicate that the delivered price would range between $54 and $101 per ton of dry matter depending on the specific crop.
Persistent link: https://www.econbiz.de/10005503441
Ethanol production in 15, 30, and 80 million gallon per year production plants are analyzed at various subsidy levels. The results indicate that removing per plant subsidy limits allows reduced total state subsidy expenditures. This action takes advantage of the economies of scale inherent in...
Persistent link: https://www.econbiz.de/10005220469
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Contrary to developments in other parts of the world, South Africa has not developed a bio-ethanol industry. The objective was to quantify the risks and economic viability of a wheat based bio-ethanol plant in the winter rainfall region of South Africa. Monte Carlo simulation of a bio-ethanol...
Persistent link: https://www.econbiz.de/10005803435
With the 2005 Energy Bills passage, the production and use of ethanol is set to become an integral component of the transportation fuel market. Undoubtedly, this will affect the transportation fuel and agricultural industries. This paper uses an econometric time series approach to reveal...
Persistent link: https://www.econbiz.de/10005060886
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Replaced with revised version of paper 02/02/06.
Persistent link: https://www.econbiz.de/10005494202