Advanced Biofuel Production in Louisiana Sugar Mills: an Application of Real Options Analysis

Abstract

In order to more fully study the risks and uncertainty involved in cellulosic ethanol production, we examine a simulated plant in South Louisiana using Real Options Analysisreal options, risk, uncertainty, cellulosic ethanol, energy cane, sorghum, bagasse, simulation, Agribusiness, Agricultural Finance, Production Economics, Resource /Energy Economics and Policy, Risk and Uncertainty, q42, q14, q16, d81, g31,