Economic analyses and policy implications for microalgae biofuels in Australia

Doshi, Amar, Pascoe, Sean, Coglan, Louisa, & Rainey, Thomas J. (2015) Economic analyses and policy implications for microalgae biofuels in Australia. In Bioenergy Australia, 30 November - 2 December 2015, Launceston, Tas.

Abstract

The benefits of microalgae biofuels over first and second generation counterparts suggest it has potential as a major biofuel feedstock in Australia. However, the high costs of cultivation and processing has been a major drawback for investors and policymakers. This presentation outlines the economic potential for microalgae biofuels: firstly, through production of microalgae co-products (e.g feed and fertiliser); and secondly, deriving what consumers are willing to pay for microalgae biofuels based on external benefits. These findings will assist decision-makers in both private and public sectors and inform policy development with respect to microalgae as a feedstock for biofuels and other products. This study adds an economics perspective to the current technical literature which has been dominated by biochemical, engineering and financial valuation studies.

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ID Code: 91363
Item Type: Conference Item (Presentation)
Refereed: Yes
Additional URLs:
Keywords: microalgae, biodiesel, aquaculture
Subjects: Australian and New Zealand Standard Research Classification > ENGINEERING (090000) > CHEMICAL ENGINEERING (090400)
Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Chemistry, Physics & Mechanical Engineering
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Current > Schools > School of Economics & Finance
Copyright Owner: Copyright 2015 The Author(s)
Deposited On: 04 Jan 2016 03:54
Last Modified: 15 Jun 2016 22:21

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