Within an overall project to assess the ability of the agricultural sector to contribute to bioenergy production, we set out here to examine the economic and technological viability of a bioenergy facility in an uncertain economic context, using the stochastic viability approach. We consider two...

The impact of increased consumption of biofuels on agricultural markets has already been substantial, and will increase further as countries around the world seek to expand the proportion of their energy that they get from renewable sources. Models of the agricultural sector must therefore...

This paper investigates the cost of biomass co-firing in European coal power stations. We propose a tractable and original method, that enables us to get expressions of biomass and CO2 breakeven points for co-firing in different types of coal plants. We call them carbon switching price and...

This paper investigates the cost of biomass co-firing in European coal plants. We propose an original method to get expressions of biomass and CO2 breakeven points: carbon switching price and biomass switching price. They correspond to carbon and biomass prices that make coal plants equally...

Reduction in energy dependancy and emissions of CO2 via renewables target in the European Union energy mix and taxation system might trigger bioenergy production and competition for biomass utilization. Pretreated biomass could be used to produce second generation biofuels to replace some of the...

We analyse the decision of an agent to invest in industrial activities characterized by two forms of uncertainty: market size uncertainty and price uncertainty. We use bioenergy industries for an application of the model. Indeed, the sector is confronted to both, an uncertainty in relation to...