Economic Parameters for Corn Ethanol and Biodiesel Production

Vernon R. Eidman

Journal of Agricultural and Applied Economics, 2007, vol. 39, issue 02

Abstract: This article presents current investment and operating costs of ethanol and biodiesel plants for alternative prices of feedstock. The price of these two fuels is estimated for alternative prices of crude oil with the existing renewable fuels policy. The excise tax credit, currently $0.51 per gallon of ethanol and $1.00 per gallon of biodiesel, is a major contributor to the fuel price and profitability of these industries. The analysis demonstrates how the crude oil price, feedstock price, and excise tax credits interact to impact profitability of these industries

Keywords: biodiesel; biofuels; ethanol; renewable energy; Resource /Energy Economics and Policy; Q13; Q18; Q28; Q42 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link)
http://purl.umn.edu/6519 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:ags:joaaec:6519

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association
Contact information at EDIRC.
Series data maintained by AgEcon Search ().