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) over a range of biodiesel and feedstock price levels. The analysis shows that the larger plant realizes returns to scale in …The biodiesel industry in the United States has realized significant growth over the past decade through large … both labor and capital costs, enabling the larger plant to pay up to $0.015 more per pound for the feedstock to achieve …
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This paper presents the results of a calculation model for biofuel production costs in 2015 and 2020 based on raw material price projections and considering scale and learning effects. Distinguishing six types of biofuels, the paper finds that scale economies and learning effects are critical...
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