Dynamic Economic Analysis of Perennial Energy Crops - EffectS of The CAP Reform on Biomass Supply in Greece
Energy from the biomass of perennial crops can offset emissions of greenhouse gases from fossil fuel combustion and increase energy self sufficiency. This study uses a dynamic, multi-farm, mathematical programming model to analyze the impact of the Common Agricultural Policy reform in 2003 on biomass supply from the Kopais plain in central Greece. The perennial energy crops under review are Arundo donax L. (Giant Reed), Miscanthus x giganteus (Miscanthus), Panicum virgatum L. (Switchgrass) and Cynara cardunculus L. (Cardoon). Farm survey results from 40 farms are processed with the Biomass Economic Evaluation model to obtain micro-economic data for both conventional and energy crops. Policy simulations with the multi-farm model show that the 2003 policy reform with decoupled subsidies except for cotton and energy crops lowers the cost of biomass between 2 and 4 Euro per ton. Switchgrass appears to be the most attractive option, followed by Cardoon and Miscanthus. Arundo is never preferred. Relative to the previous agricultural policy setting of Agenda 2000, the biomass potential increases more for smaller farms and farms with a higher share of cotton, vegetables, or trees.
|Date of creation:||Apr 2007|
|Date of revision:||Apr 2007|
|Contact details of provider:|| Postal: Bundesstrasse 55, 20146 Hamburg|
Phone: +49 40 42838 6593
Fax: +49 40 42838 7009
Web page: http://www.fnu.zmaw.de/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Uwe A. Schneider & Bruce A. McCarl, 2005.
"Appraising Agricultural Greenhouse Gas Mitigation Potentials: Effects of Alternative Assumptions,"
FNU-81, Research unit Sustainability and Global Change, Hamburg University, revised Jul 2005.
- Uwe A. Schneider & Bruce A. McCarl, 2006. "Appraising agricultural greenhouse gas mitigation potentials: effects of alternative assumptions," Agricultural Economics, International Association of Agricultural Economists, vol. 35(3), pages 277-287, November.
When requesting a correction, please mention this item's handle: RePEc:sgc:wpaper:132. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Uwe Schneider)
If references are entirely missing, you can add them using this form.