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Economic Feasibility of Commercial Algae Oil Production in the United States

Author

Listed:
  • Fischer, Bart L.
  • Richardson, James W.
  • Outlaw, Joe L.
  • Allison, Marc S.

Abstract

A Monte Carlo simulation model was constructed to analyze the economic feasibility of growing algae as a renewable fuel source. Increasing growth rates, pond water depth, oil content, and facility size are important for ensuring the economic viability of a commercial algae facility.

Suggested Citation

  • Fischer, Bart L. & Richardson, James W. & Outlaw, Joe L. & Allison, Marc S., 2011. "Economic Feasibility of Commercial Algae Oil Production in the United States," 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas 98834, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea11:98834
    DOI: 10.22004/ag.econ.98834
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    Cited by:

    1. Siqueira, J.C. & Braga, M.Q. & Ázara, M.S. & Garcia, K.J. & Alencar, S.N.M. & Ramos, T.S. & Siniscalchi, L.A.B. & Assemany, P.P. & Ensinas, A.V., 2022. "Recovery of vinasse with combined microalgae cultivation in a conceptual energy-efficient industrial plant: Analysis of related process considerations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 155(C).

    More about this item

    Keywords

    Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Production Economics; Resource /Energy Economics and Policy; Risk and Uncertainty;
    All these keywords.

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