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Economic and Technical Analysis of Ethanol Dry Milling: MOdel User's Manual

Author

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  • Rhys T. Dale
  • Wallce E. Tyner

    (Department of Agricultural Economics, College of Agriculture, Purdue University)

Abstract

Using the DM model is not complex: the user changes input values of interest (plant size, conversion rates, etc.) and examines the effect of these changes on output values (annual profits, feed stock requirements, etc.). There are nine worksheets in four modules in the excel workbook- assumptions, process, economics, and technology assessment. All user inputs are entered in the assumptions module of the model, which consists of three worksheets denoted with bright yellow tabs: process assumptions, economic assumptions and physical assumptions. The values that are entered on this page are then used in each of the subsequent modules to calculate hourly flow rates, equipment size and cost, total costs, loan terms, and annual profits. At the top of each page is a title bar which describes the page, the color coding of the cells, and pertinent information from the other pages. Before each of the pages is discussed, an explanation of the different types of cells in the model is in order.

Suggested Citation

  • Rhys T. Dale & Wallce E. Tyner, 2006. "Economic and Technical Analysis of Ethanol Dry Milling: MOdel User's Manual," Working Papers 06-05, Purdue University, College of Agriculture, Department of Agricultural Economics.
    • Handle: RePEc:pae:wpaper:06-05
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    File URL: http://ageconsearch.umn.edu/bitstream/28658/1/sp060005.pdf
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    References listed on IDEAS

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    1. Tiffany, Douglas G. & Eidman, Vernon R., 2003. "Factors Associated With Success Of Fuel Ethanol Producers," Staff Papers 14155, University of Minnesota, Department of Applied Economics.
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    Cited by:

    1. Tamás Mizik, 2020. "Impacts of International Commodity Trade on Conventional Biofuels Production," Sustainability, MDPI, vol. 12(7), pages 1-20, March.
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    3. Jinho Jung & Juan Sesmero & Ralph Siebert, 2022. "A structural estimation of spatial differentiation and market power in input procurement," American Journal of Agricultural Economics, John Wiley & Sons, vol. 104(2), pages 613-644, March.
    4. Deverell, Rory & McDonnell, Kevin & Ward, Shane & Devlin, Ger, 2009. "An economic assessment of potential ethanol production pathways in Ireland," Energy Policy, Elsevier, vol. 37(10), pages 3993-4002, October.

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    model user's manual;

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