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Biodiesel Feasibility Study: An Evaluation of Biodiesel Feasibility in Wisconsin

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  • Fortenbery, T. Randall
Abstract
There has been considerable interest focused on the further development and expansion of a domestic bio-fuels industry. While most early attention from the commercial sector focused on ethanol, interest is now growing in the area of biodiesel production. Reasons for growing interest in biodiesel include its potential for reducing noxious emissions, potential contributions to rural economic development, as an additional demand center for agricultural commodities, and as a way to reduce reliance on foreign oil. Despite interest over the past decade or so, however, experience with biodiesel production in the US is limited. According to the Energy Information Administration, participants in the federal Bioenergy program produced only 18.6 million gallons of biodiesel in fiscal 2003. This compares with the production of almost 2.5 billion gallons of ethanol.

Suggested Citation

  • Fortenbery, T. Randall, 2005. "Biodiesel Feasibility Study: An Evaluation of Biodiesel Feasibility in Wisconsin," Staff Papers 12629, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    • Handle: RePEc:ags:wisagr:12629
    DOI: 10.22004/ag.econ.12629
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    References listed on IDEAS

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    1. Gustafson, Cole R., 2003. "Biodiesel: An Industry Poised for Growth?," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 18(3), pages 1-6.
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    Cited by:

    1. Ginder, Roger G. & Paulson, Nicholas D., 2006. "The Growth and Direction of the Biodiesel Industry in the US," 2006 Annual meeting, July 23-26, Long Beach, CA 21402, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Cao, Yan & Doustgani, Amir & Salehi, Abozar & Nemati, Mohammad & Ghasemi, Amir & Koohshekan, Omid, 2020. "The economic evaluation of establishing a plant for producing biodiesel from edible oil wastes in oil-rich countries: Case study Iran," Energy, Elsevier, vol. 213(C).
    3. T. Randall Fortenbery & Steven C. Deller & Lindsay Amiel, 2013. "The Location Decisions of Biodiesel Refineries," Land Economics, University of Wisconsin Press, vol. 89(1), pages 118-136.
    4. Outlaw, Joe L. & Burnquist, Heloisa Lee & Ribera, Luis A., 2007. "Bioenergy--Agricultural Issues and Outlook," 2007 NAAMIC Workshop IV: Contemporary Drivers of Integration 163901, North American Agrifood Market Integration Consortium (NAAMIC).
    5. Pienaar, Johan & Brent, Alan C., 2012. "A model for evaluating the economic feasibility of small-scale biodiesel production systems for on-farm fuel usage," Renewable Energy, Elsevier, vol. 39(1), pages 483-489.
    6. Fortenbery, T. Randall & Deller, Steven, 2006. "Understanding Community Impacts: A Tool for Evaluating Externalities from Local Bio-Fuels Production," Staff Paper Series 505, University of Wisconsin, Agricultural and Applied Economics.
    7. Mulugetta, Yacob, 2009. "Evaluating the economics of biodiesel in Africa," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(6-7), pages 1592-1598, August.
    8. Musango, Josephine K. & Brent, Alan C. & Amigun, Bamikole & Pretorius, Leon & Müller, Hans, 2011. "Technology sustainability assessment of biodiesel development in South Africa: A system dynamics approach," Energy, Elsevier, vol. 36(12), pages 6922-6940.
    9. Turnquist, Alan & Fortenbery, T. Randall & Foltz, Jeremy D., 2008. "Progress or Devastation? The Effects of Ethanol Plant Location on Local Land Use," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6125, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    10. Kiran Rangarajan & Suzanna Long & Norbert Ziemer & Neal Lewis, 2011. "An evaluative economic development typology for sustainable rural economic development," Community Development, Taylor & Francis Journals, vol. 43(3), pages 320-332, December.

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