The value of post-extracted algae residue

被引:63
作者
Bryant, Henry L. [1 ]
Gogichaishvili, Ilia [2 ]
Anderson, David [1 ]
Richardson, James W. [1 ]
Sawyer, Jason [1 ]
Wickersham, Tryon [1 ]
Drewery, Merritt L. [1 ]
机构
[1] Texas A&M Univ, College Stn, TX USA
[2] TBC Bank, Tbilisi, Georgia
来源
ALGAL RESEARCH-BIOMASS BIOFUELS AND BIOPRODUCTS | 2012年 / 1卷 / 02期
关键词
Biodiesel; Hedonic pricing; Livestock feed; Post-extracted algae residue; FUNCTIONAL FORM; MICROALGAE; CHOICE;
D O I
10.1016/j.algal.2012.06.001
中图分类号
Q81 [生物工程学(生物技术)]; Q93 [微生物学];
学科分类号
071005 ; 0836 ; 090102 ; 100705 ;
摘要
This paper develops a hedonic pricing model for post-extracted algae residue (PEAR), which can be used for assessing the economic feasibility of an algal production enterprise. Prices and nutritional characteristics of commonly employed livestock feed ingredients are used to estimate the value of PEAR based on its composition. We find that PEAR would have a value lower than that of soybean meal in recent years. The value of PEAR will vary substantially based on its characteristics. PEAR could have generated algal fuel co-product credits that in recent years would have ranged between $0.95 and $2.43 per gallon of fuel produced. (c) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:185 / 193
页数:9
相关论文
共 32 条
[1]  
[Anonymous], 2001, Econometric Analysis of Cross Section and Panel Data
[2]   Micro-algae as a source of protein [J].
Becker, E. W. .
BIOTECHNOLOGY ADVANCES, 2007, 25 (02) :207-210
[3]   AN ANALYSIS OF TRANSFORMATIONS [J].
BOX, GEP ;
COX, DR .
JOURNAL OF THE ROYAL STATISTICAL SOCIETY SERIES B-STATISTICAL METHODOLOGY, 1964, 26 (02) :211-252
[4]   Microalgal Biomass for Greenhouse Gas Reductions: Potential for Replacement of Fossil Fuels and Animal Feeds [J].
Brune, D. E. ;
Lundquist, T. J. ;
Benemann, J. R. .
JOURNAL OF ENVIRONMENTAL ENGINEERING, 2009, 135 (11) :1136-1144
[5]  
Chickering D. M., 2003, Journal of Machine Learning Research, V3, P507, DOI 10.1162/153244303321897717
[6]  
Chisti Y., 2008, BIODIESEL MICROALGAE
[7]   INFLUENTIAL OBSERVATIONS IN LINEAR-REGRESSION [J].
COOK, RD .
JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATION, 1979, 74 (365) :169-174
[8]   ON THE CHOICE OF FUNCTIONAL FORM FOR HEDONIC PRICE FUNCTIONS [J].
CROPPER, ML ;
DECK, LB ;
MCCONNELL, KE .
REVIEW OF ECONOMICS AND STATISTICS, 1988, 70 (04) :668-675
[9]  
Ethridge D.E., 1982, J. Agric. Resource Econ., P293
[10]  
Feedstuffs Miller Publishing Company, 2005, WEEKLY NEWSPAPER AGR