کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
677108 1459839 2013 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Is it economically feasible for farmers to grow their own fuel? A study of Camelina sativa produced in the western United States as an on-farm biofuel
موضوعات مرتبط
مهندسی و علوم پایه مهندسی شیمی تکنولوژی و شیمی فرآیندی
پیش نمایش صفحه اول مقاله
Is it economically feasible for farmers to grow their own fuel? A study of Camelina sativa produced in the western United States as an on-farm biofuel
چکیده انگلیسی


• This is a stochastic budget analysis of growing camelina as SVO-based biofuel.
• Results demonstrate economic feasibility for producers to grow their own fuel.
• Camelina production can diversify regional and national energy portfolios.
• Camelina production can contribute to on-farm energy independence.

This paper models the economic feasibility of growing the oilseed crop Camelina sativa (“camelina”) in the western United States to produce value-added protein feed supplement and an SVO-based biofuel. Modeled in eastern Colorado, this study demonstrates that camelina can be grown profitably both as a commodity and as an energy biofuel. These findings, along with the stochastic crop rotation budget and profitability sensitivity analysis, reflect unique contributions to the literature. The study's stochastic break-even analysis demonstrates a 0.51 probability of growing camelina profitably when diesel prices reach 1.15 $ L−1. Results also show that the sale of camelina meal has the greatest impact on profitability. Yet once the price of diesel fuel exceeds 0.90 $ L−1, the farmer generates more revenue from the ability to offset diesel fuel purchases than the revenues generated from the sale of camelina meal. A risk analysis using second degree stochastic dominance demonstrates that a risk-averse farmer would choose to grow camelina if the price of diesel equals or exceeds 1.31 $ L−1. The article concludes that camelina can offset on-farm diesel use, making it economically feasible for farmers to grow their own fuel. As a result, camelina production may increase farm income, diversify rural economic development, and contribute to the attainment of energy policy goals.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Biomass and Bioenergy - Volume 54, July 2013, Pages 89–99
نویسندگان
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