Economic Feasibility of Commercial Algae Oil Production in the United States

Bart L. Fischer, James Richardson (), Joe Outlaw and Marc S. Allison

No 98834, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association

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.

Keywords: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Production Economics; Resource/Energy Economics and Policy; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 20
Date: 2011
New Economics Papers: this item is included in nep-cmp and nep-ene
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98834

DOI: 10.22004/ag.econ.98834

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