The Economics of Alternative Energy Sources and Globalization

Author(s): Ivan R. Granja, John J. Vansickle, Lonnie Ingram and Richard Weldon

DOI: 10.2174/978160805233211101010139

Critical Economic Factors for Success of a Biomass Conversion Plant for Agricultural Residue, Yard Residue, and Wood Waste in Fl

Pp: 139-145 (7)

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Abstract

SHS investigation development is considered from the geographical and historical viewpoint. 3 stages are described. Within Stage 1 the work was carried out in the Department of the Institute of Chemical Physics in Chernogolovka where the scientific discovery had been made. At Stage 2 the interest to SHS arose in different cities and towns of the former USSR. Within Stage 3 SHS entered the international scene. Now SHS processes and products are being studied in more than 50 countries.

Abstract

This model evaluates the potential success of a cellulosic ethanol plant in Florida. Critical economic factors of the plant were simulated to assess the feasibility of this project. These critical factors include the feedstock to be used, the cost of the facility, transportation costs, and the discount rate for the net present value (NPV). Results and observations are presented in this chapter.

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