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Price projections of feedstocks for biofuels and biopower in the U.S

Listed author(s):
  • Langholtz, Matthew
  • Graham, Robin
  • Eaton, Laurence
  • Perlack, Robert
  • Hellwinkel, Chad
  • De La Torre Ugarte, Daniel G.

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.

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Article provided by Elsevier in its journal Energy Policy.

Volume (Year): 41 (2012)
Issue (Month): C ()
Pages: 484-493

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Handle: RePEc:eee:enepol:v:41:y:2012:i:c:p:484-493
DOI: 10.1016/j.enpol.2011.11.009
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  1. Torre Ugarte, Daniel de la & Sanford, Scott & Skinner, Robert A. & Westcott, Paul C. & Lin, William W., 2000. "Supply Response Under The 1996 Farm Act And Implications For The U.S. Field Crops Sector," Technical Bulletins 33568, United States Department of Agriculture, Economic Research Service.
  2. Walsh, Marie E. & Torre Ugarte, Daniel de la & English, Burton C. & Jensen, Kimberly L. & Hellwinckel, Chad M. & Menard, R. Jamey & Nelson, Richard G., 2007. "Agricultural Impacts of Biofuels Production," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 39(02), August.
  3. Dicks, Michael R. & Campiche, Jody L. & Torre Ugarte, Daniel de la & Hellwinckel, Chad M. & Bryant, Henry L. & Richardson, James W., 2009. "Land Use Implications of Expanding Biofuel Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 41(02), August.
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