Modelling production cost scenarios for biofuels and fossil fuels in Europe
AbstractThis 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 for 2nd generation biofuels to become competitive. In case these effects can be utilized, cost saving potentials for 2nd generation biofuels are significant. --
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Bibliographic InfoPaper provided by ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research in its series ZEW Discussion Papers with number 13-075.
Date of creation: 2013
Date of revision:
Biofuels; Production Cost Scenarios; Raw Material Price Projection; Conversion Costs;
Find related papers by JEL classification:
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
- L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
This paper has been announced in the following NEP Reports:
- NEP-AGR-2013-11-09 (Agricultural Economics)
- NEP-ALL-2013-11-09 (All new papers)
- NEP-CMP-2013-11-09 (Computational Economics)
- NEP-EFF-2013-11-09 (Efficiency & Productivity)
- NEP-ENE-2013-11-09 (Energy Economics)
- NEP-ENV-2013-11-09 (Environmental Economics)
- NEP-EUR-2013-11-09 (Microeconomic European Issues)
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