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Economics of Lignocellulosic Ethanol Production From Energy Cane

Author

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  • Monge, Juan J.
  • Ribera, Luis A.
  • Jifon, John L.
  • Silva, Jorge A.

Abstract

A probabilistic financial model was developed to assess the economic feasibility of energy-cane-based hydrolysis ethanol production. At an expected price of $1.97/gallon and no tax credit, the chances of a positive NPV were 70%. By slightly increasing feedstock and ethanol yields by 5 units, the chances rose to 95%.

Suggested Citation

  • Monge, Juan J. & Ribera, Luis A. & Jifon, John L. & Silva, Jorge A., 2013. "Economics of Lignocellulosic Ethanol Production From Energy Cane," 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida 142773, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea13:142773
    DOI: 10.22004/ag.econ.142773
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    References listed on IDEAS

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    1. Richardson, James W. & Klose, Steven L. & Gray, Allan W., 2000. "An Applied Procedure For Estimating And Simulating Multivariate Empirical (Mve) Probability Distributions In Farm-Level Risk Assessment And Policy Analysis," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(2), pages 1-17, August.
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