Growing a Sustainable Biofuels Industry: Economics, Environmental Considerations, and the Role of the Conservation Reserve Program
Lexidyne's Steve Peterson worked in collaboration with the National Renewal Energy Laboratory and the Department of Energy's Ofﬁce of Biomass Programs to examine the potential role of the Conservation Reserve Program (CRP) in biofuels industry development. Model simulations revealed that industry growth was much more sensitive to economic scenarios than land-use scenarios—similar volumes of biofuels could be produced with no CRP as with 100% utilization. In total, the combination of the environmental assessment and the supply chain model suggests that large-scale conversion of the CRP to row crops would likely incur a significant environmental cost, without a concomitant benefit in terms of biofuel production.
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2018 System Dynamics Applications AwardSteve Peterson and a Lexidyne client team from the National Renewable Energy Laboratory (NREL) were recently awarded the 2018 System Dynamics Applications Award.
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