Degree Type

Thesis

Date of Award

2004

Degree Name

Master of Science

Department

Economics

First Advisor

Michael Duffy

Abstract

To be commercially viable as a bioenergy feedstock, switchgrass must be cost-competitive. Switchgrass production and delivery costs are calculated for the Chariton Valley Switchgrass Biomass Project located in the Chariton Valley, Iowa. Sensitivity analyses are performed to determine which variables have the greatest impact on cost. Switchgrass production costs would require higher than expected market prices, and therefore various incentive payment options are considered. The incentive payments attempt to encapsulate the positive environmental attributes from the production of switchgrass as well as using switchgrass as a clean energy coal substitute. A modified CRP payment, carbon payment, and green tag payment are all considered, and their relative advantages and disadvantages are discussed. The modified CRP payment and the green tag payment are shown to have significant potential for offsetting high switchgrass costs of production.

DOI

https://doi.org/10.31274/rtd-180813-7889

Publisher

Digital Repository @ Iowa State University, http://lib.dr.iastate.edu/

Copyright Owner

Jennifer E. Reutzel

Language

en

OCLC Number

61250604

File Format

application/pdf

File Size

89 pages

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