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Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas

Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas PDF Author: Brittany Danielle Morris
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Environmental and political concerns centered on energy use from gasoline have led to a great deal of research on ethanol production. The goal of this thesis is to determine if it is profitable to produce ethanol in Texas using sweet sorghum juice. Four different areas, Moore, Hill, Willacy, and Wharton Counties, using two feedstock alternatives, sweet sorghum only and sweet sorghum and corn, will be analyzed using Monte Carlo simulation to determine the probability of economic success. Economic returns to the farmers in the form of a contract price for the average sweet sorghum yield per acre in each study area and to the ethanol plant buying sweet sorghum at the contract price will be simulated and ranked. The calculated sweet sorghum contract prices offered to farmers are $9.94, $11.44, $29.98, and $36.21 per ton in Wharton, Willacy, Moore, and Hill Counties, respectively. The contract prices are equal to the next most profitable crop returns or ten percent more than the total cost to produce sweet sorghum in the study area. The wide variation in the price is due to competing crop returns and the sweet sorghum growing season. Ethanol production using sweet sorghum and corn is the most profitable alternative analyzed for an ethanol plant. A Moore County ethanol plant has the highest average net present value of $492.39 million and is most preferred overall when using sweet sorghum and corn to produce ethanol. Sweet sorghum ethanol production is most profitable in Willacy County but is not economically successful with an average net present value of $-11.06 million. Ethanol production in Hill County is least preferred with an average net present value of $-712.00 and $48.40 million when using sweet sorghum only and sweet sorghum and corn, respectively. Producing unsubsidized ethanol from sweet sorghum juice alone is not profitable in Texas. Sweet sorghum ethanol supplemented by grain is more economical but would not be as profitable as producing ethanol from only grain in the Texas Panhandle. Farmers profit on average from contract prices for sweet sorghum when prices cover total production costs for the crop.

Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas

Economic Feasibility of Ethanol Production from Sweet Sorghum Juice in Texas PDF Author: Brittany Danielle Morris
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description
Environmental and political concerns centered on energy use from gasoline have led to a great deal of research on ethanol production. The goal of this thesis is to determine if it is profitable to produce ethanol in Texas using sweet sorghum juice. Four different areas, Moore, Hill, Willacy, and Wharton Counties, using two feedstock alternatives, sweet sorghum only and sweet sorghum and corn, will be analyzed using Monte Carlo simulation to determine the probability of economic success. Economic returns to the farmers in the form of a contract price for the average sweet sorghum yield per acre in each study area and to the ethanol plant buying sweet sorghum at the contract price will be simulated and ranked. The calculated sweet sorghum contract prices offered to farmers are $9.94, $11.44, $29.98, and $36.21 per ton in Wharton, Willacy, Moore, and Hill Counties, respectively. The contract prices are equal to the next most profitable crop returns or ten percent more than the total cost to produce sweet sorghum in the study area. The wide variation in the price is due to competing crop returns and the sweet sorghum growing season. Ethanol production using sweet sorghum and corn is the most profitable alternative analyzed for an ethanol plant. A Moore County ethanol plant has the highest average net present value of $492.39 million and is most preferred overall when using sweet sorghum and corn to produce ethanol. Sweet sorghum ethanol production is most profitable in Willacy County but is not economically successful with an average net present value of $-11.06 million. Ethanol production in Hill County is least preferred with an average net present value of $-712.00 and $48.40 million when using sweet sorghum only and sweet sorghum and corn, respectively. Producing unsubsidized ethanol from sweet sorghum juice alone is not profitable in Texas. Sweet sorghum ethanol supplemented by grain is more economical but would not be as profitable as producing ethanol from only grain in the Texas Panhandle. Farmers profit on average from contract prices for sweet sorghum when prices cover total production costs for the crop.

Evaluation of the Economic Feasibility of Grain Sorghum, Sweet Sorghum, and Switchgrass as Alternative Feedstocks for Ethanol Production in the Texas Panhandle

Evaluation of the Economic Feasibility of Grain Sorghum, Sweet Sorghum, and Switchgrass as Alternative Feedstocks for Ethanol Production in the Texas Panhandle PDF Author: Jnaneshwar Raghunath Girase
Publisher:
ISBN:
Category : Alcohol fuel industry
Languages : en
Pages : 202

Book Description


The Economic Feasibility of Producing Sweet Sorghum as an Ethanol Feedstock in Mississippi

The Economic Feasibility of Producing Sweet Sorghum as an Ethanol Feedstock in Mississippi PDF Author: Joseph Andrew Linton
Publisher:
ISBN:
Category : Alcohol as fuel
Languages : en
Pages :

Book Description
This study examines the feasibility of producing sweet sorghum as an ethanol feedstock in Mississippi. An enterprise budgeting system is used along with estimates of transportation costs to estimate farmers' breakeven costs for producing and delivering sweet sorghum biomass. This breakeven cost for the farmer, along with breakeven costs for the producer based on wholesale ethanol price, production costs, and transportation and marketing costs for the refined ethanol, is used to estimate the amounts that farmers and ethanol producers would be willing to accept (WTA) and willing to pay (WTP), respectively, for sweet sorghum biomass. These WTA and WTP estimates are analyzed by varying key factors in the biomass and ethanol production processes. Deterministic and stochastic models are used to estimate profits for sweet sorghum and competing crops in two representative counties in Mississippi, with sweet sorghum consistently yielding negative per-acre profits in both counties.

The Economic Feasibility of Small-scale Ethanol Production in Texas

The Economic Feasibility of Small-scale Ethanol Production in Texas PDF Author: James M. Bowker
Publisher:
ISBN:
Category : Alcohol fuel industry
Languages : en
Pages : 114

Book Description


Socio-Economic Impacts of Bioenergy Production

Socio-Economic Impacts of Bioenergy Production PDF Author: Dominik Rutz
Publisher: Springer Science & Business Media
ISBN: 331903829X
Category : Science
Languages : en
Pages : 312

Book Description
Around the world, many countries are increasing efforts to promote biomass production for industrial uses including biofuels and bio-products such as chemicals and bio-plastic. Against a backdrop of lively public debate on sustainability, bioenergy wields both positive and negative impacts upon a variety of environmental and socio-economic issues. These include property rights, labor conditions, social welfare, economic wealth, poverty reduction and more. This book discusses the issues and impacts of bioenergy, taking into account the local and regional framework under which bioenergy is produced, touching upon educational level, cultural aspects, the history and economies of the producing countries and an array of policies including environmental and social targets. The book surveys and analyzes global bioenergy production from a number of perspectives. The authors illustrate the complexity of interrelated topics in the bioenergy value chain, ranging from agriculture to conversion processes, as well as from social implications to environmental effects. It goes on to offer insight on future challenges associated with the expected boom of a global bio-based economy, which contributes to the paradigm shift from a fossil-based to a biomass and renewable energy-based economy. The expert contributors include researchers, investors, policy makers, representatives from NGOs and other stakeholders, from Europe, Africa, Asia and Latin America. Their contributions build upon the results of the Global-Bio-Pact project on “Global Assessment of Biomass and Bio-product Impacts on Socio-economics and Sustainability,” which was supported by the European Commission in its 7th Framework Program for Research and Technological Development, conducted from February 2010 to January 2013. The book benefits policy makers, scientists and NGO staffers working in the fields of agriculture, forestry, biotechnology and energy.

Energy Crops

Energy Crops PDF Author: Nigel G. Halford
Publisher: Royal Society of Chemistry
ISBN: 1849730326
Category : Nature
Languages : en
Pages : 443

Book Description
It also gives an historical perspective and introduces the ethical issues.

Breeding Sorghum for Diverse End Uses

Breeding Sorghum for Diverse End Uses PDF Author: Aruna C
Publisher: Woodhead Publishing
ISBN: 0081018800
Category : Technology & Engineering
Languages : en
Pages : 452

Book Description
Breeding Sorghum for Diverse End Uses is a comprehensive overview of all significant global efforts for the genetic improvement of sorghum, a major crop of many semi-arid nations that is suitable for a huge range of uses, from human food, to biofuels. Split into two main sections, the book initially reviews the genetic suitability of sorghum for breeding, also providing the history of the genetic improvement of the grain. Finally, other sections look at specific breeding programs that could be improved in a number of areas, including human food, animal feed and industrial usage. Readers in academics, research, plant genetics and sorghum development will find this resource of great value. In addition, it is essential reading for engineers who utilize sorghum for food, feed and industrial materials in industry. - Provides information on key advances in the genetic makeup of sorghum - Allows plant breeders to apply this research to effectively breed new strains of sorghum that are dependent on final usage goals - Includes the latest findings in each section to orient researchers to plans for future genetic enhancement

The Feasibility of Ethanol Production in Texas

The Feasibility of Ethanol Production in Texas PDF Author: Brian Keith Herbst
Publisher:
ISBN:
Category :
Languages : en
Pages : 294

Book Description


The Economic Feasibility of Ethanol Production from Sugar in the United States

The Economic Feasibility of Ethanol Production from Sugar in the United States PDF Author: Hosein Shapouri
Publisher:
ISBN:
Category : Alcohol as fuel
Languages : en
Pages : 69

Book Description


Economics of On-farm Ethanol Production Using Sweet Sorghum

Economics of On-farm Ethanol Production Using Sweet Sorghum PDF Author: Prashant V. Bele
Publisher:
ISBN: 9781109817133
Category :
Languages : en
Pages : 59

Book Description
Scope and method of study. Specific objective of the study was to evaluate the feasibility of production of ethanol on-farm using sweet sorghum as primary feed stock. The study would help evaluate the possible scenarios, requirements and difficulties while putting this concept in practice in an economical way. The study included analysis through OSU Enterprise Budget software and Harvester software. The parameters were evaluated for 500, 1000 and 1500 acres harvested with low, medium and high inputs.