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Some Economic Aspects Of The Hungarian Biofuel Programs

Author

Listed:
  • Lakner, Zoltan
  • Szabo-Burcsi, Dora
  • Mago, Laszlo

Abstract

The use of renewable materials in energy production is gaining in importance all over the world. The production of bioethanol and biodiesel is an important element of the agricultural strategy of numerous countries, even though the economic and environmental impact of these projects is subject to significant debates. Our paper analyses the welfare effects of the Hungarian bioethanol programme, as well as the economic feasibility of the projects. It can be demonstrated that the Hungarian bioethanol programme will cause a rather marginal increase in agricultural prices. The cost of bioethanol production is estimated between 470 and 630 €/m3, influenced by numerous factors. This estimate is in line with the average European values. The possibilities for reducing costs are rather limited, as the two most important components are raw material costs and energy costs. The return on investment indicators are most favourable in the case of small-scale, farm based ethanol plants, producing DSG as a by-product with a simple technology, and in case of extremely large-capacity plants. ----------------------------------------------------- A megújuló energiaforrások felhasználásának jelentősége az egész világon fokozódik. A bioetanol- és biodízel-termelés számos ország agrárstratégiájának részévé vált, jóllehet erőteljesen vitatott ezen projektek gazdasági és környezeti hatása. A jelen cikk a magyar bioetanol program jóléti hatásait és a tervezett üzemek gazdaságosságát vizsgálja. Igazolható, hogy a magyar bioetanol-program csak kis mértékben módosítja majd az agártermékek árát. Hazai viszonyaink között a bioetanol-gyártás önköltsége 470 és 630 €/m3 közötti értékre becsülhető. Ez összhangban van az európai becslésekkel. A költségcsökkentésre csak korlátozott lehetőség van, mert a legfontosabb költségtényezők az alapanyagár és az energia. A legkedvezőbb beruházás-gazdaságossági mutatók az egyszerű technológiával működő, a képződött szeszmoslékot helyben hasznosító kisüzemeknél és a rendkívül nagy kapacitású vállalatoknál érhetők el.

Suggested Citation

  • Lakner, Zoltan & Szabo-Burcsi, Dora & Mago, Laszlo, 2010. "Some Economic Aspects Of The Hungarian Biofuel Programs," GAZDÁLKODÁS: Scientific Journal on Agricultural Economics, Karoly Robert University College, vol. 54(Special E), pages 1-19.
  • Handle: RePEc:ags:gazdal:99205
    DOI: 10.22004/ag.econ.99205
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