Investing in Methane Digesters on Pennsylvania Dairy Farms: Implications of Scale Economies and Environmental Programs
Investing in Methane Digesters on Pennsylvania Dairy Farms: Implications of Scale Economies and Environmental Programs
复制标题
投资宾夕法尼亚州奶牛场的甲烷消化器:规模经济和环境计划的影响
DOI:
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发表时间:
2008
影响因子:
1.3
通讯作者:
T. Richard
中科院分区:
文献类型:
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作者:
Elizabeth R. Leuer;J. Hyde;T. Richard
A stochastic capital budget was used to analyze the effect of net metering policies and carbon credits on profitability of anaerobic digesters on dairy farms in Pennsylvania. We analyzed three different farm sizes—500, 1, 000, and 2,000 cows—and considered the addition of a solids separator to the project. Results indicate that net metering policies and carbon credits increase the expected net present value (NPV) of digesters. Moreover, the addition of a solids separator further increases the mean NPV of the venture. In general, the technology is profitable only for very large farms (1, 000+ cows) that use the separated solids as bedding material.