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Stochastic Viability of Second Generation Biofuel Chains: Micro-economic Spatial Modeling in France 31
Bamiére, Laure; Martinet, Vincent; Gouel, Christophe; Le Cadre, Elodie.
Within an overall project to assess the ability of the agricultural sector to contribute to bioenergy production, we set out here to examine the economic and technological viability of a bioenergy facility in an uncertain economic context, using the stochastic viability approach. We consider two viability constraints: the facility demand for lignocellulosic feedstock has to be satisfied each year and the associated supply cost has to be lower than de profitability threshold of the facility. We assess the viability probability of various supplying strategies consisting in contracting a given share of the feedstock demand with perennial dedicated crops at the initial time and then in making up each year with annual dedicated crops or wood. The demand...
Tipo: Conference Paper or Presentation Palavras-chave: Biofuel; Biomass production; Spatial economics; Stochastic viability; Monte Carlo simulation; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/114238
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