The value of post-extracted algae residue
Date
2012-10
Authors
Bryant, Henry L.
Gogichaishvili, Ilia
Anderson, David
Richardson, James W.
Sawyer, Jason
Wickersham, Tryon
Drewery, Merritt
Journal Title
Journal ISSN
Volume Title
Publisher
Elsevier
Abstract
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.
Description
Keywords
biodiesel, hedonic pricing, livestock feed, post-extracted algae residue, Agricultural Sciences
Citation
Bryant, H. L., Gogichaishvili, I., Anderson, D., Richardson, J. W., Sawyer, J., Wickersham, T., & Drewery, M. L. (2012). The value of post-extracted algae residue. Algal Research, 1(2), pp. 185-193.