Title
Price projections of feedstocks for biofuels and biopower in the U.S.
Date Issued
01 February 2012
Access level
metadata only access
Resource Type
journal article
Author(s)
Langholtz M.
Graham R.
Eaton L.
Perlack R.
Hellwinkel C.
University of Tennessee
Abstract
The economic availability of biomass resources is a critical component in evaluating the commercial viability of biofuels. To evaluate projected farmgate prices and grower payments needed to procure 295 million dry Mg (325 million dry tons) of biomass in the U.S. by 2022, this research employs POLYSYS, an economic model of the U.S. agriculture sector. A price-run simulation suggests that a farmgate price of $58.42Mg -1 ($53.00dryton -1) is needed to procure this supply, while a demand-run simulation suggests that prices of $34.56 and $71.61Mg -1 ($30.00 and $62.00dryton -1) in are needed in 2012 and 2022, respectively, to procure the same supply, under baseline yield assumptions. Grower payments are reported as farmgate price minus resource-specific harvest costs. © 2011 Elsevier Ltd.
Start page
484
End page
493
Volume
41
Language
English
OCDE Knowledge area
Ciencias del medio ambiente
Scopus EID
2-s2.0-84855935788
Source
Energy Policy
ISSN of the container
03014215
Sources of information: Directorio de Producción Científica Scopus