Economic Feasibility of Commercial Algae Oil Production in the United States
AbstractA Monte Carlo simulation model was constructed to analyze the economic feasibility of growing algae as a renewable fuel source. Increasing growth rates, pond water depth, oil content, and facility size are important for ensuring the economic viability of a commercial algae facility.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas with number 98834.
Date of creation: 2011
Date of revision:
algae; renewable; fuel; feedstock; microalgae; Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Production Economics; Resource /Energy Economics and Policy; Risk and Uncertainty;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-16 (All new papers)
- NEP-CMP-2011-04-16 (Computational Economics)
- NEP-ENE-2011-04-16 (Energy Economics)
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