Economic analysis of Eucalyptus biomass cultivation for energy in Argentina

The objective of this study was to conduct an ex-ante evaluation of the viability of Eucalyptus grandis biomass plantations in northeastern Argentina, modeling the effects of changes in the economic context (relative prices) for the years 2010–2022. The developed model enables the estimation of the...

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Autores principales: Olemberg, Demián Jeremías, Lupi, Ana Maria
Formato: Artículo
Lenguaje:Inglés
Publicado: Elsevier 2025
Materias:
Acceso en línea:http://hdl.handle.net/20.500.12123/23646
https://www.sciencedirect.com/science/article/pii/S2772801324000137
https://doi.org/10.1016/j.clcb.2024.100085
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author Olemberg, Demián Jeremías
Lupi, Ana Maria
author_browse Lupi, Ana Maria
Olemberg, Demián Jeremías
author_facet Olemberg, Demián Jeremías
Lupi, Ana Maria
author_sort Olemberg, Demián Jeremías
collection INTA Digital
description The objective of this study was to conduct an ex-ante evaluation of the viability of Eucalyptus grandis biomass plantations in northeastern Argentina, modeling the effects of changes in the economic context (relative prices) for the years 2010–2022. The developed model enables the estimation of the minimum viable price for forest biomass production and includes a sensitivity analysis. Moreover, it contributes to understanding the evolution of economic viability conditions, enabling anticipation of future scenarios. The results indicate that, for most of the time series analyzed and under average conditions for different scenarios, the model is not viable. This is because the minimum price set by biomass production and supply conditions exceeds the maximum price that the energy transformation stage can pay without incurring losses. Our methodology could assist in modelling future economic investment projects, and facilitate the incorporation of technical, economic and policy variants. The results establish a baseline on which future project evaluations could more explicitly incorporate environmental aspects and other externalities in decision-making from a societal standpoint.
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spelling INTA236462025-09-02T10:40:48Z Economic analysis of Eucalyptus biomass cultivation for energy in Argentina Olemberg, Demián Jeremías Lupi, Ana Maria Biomass Wood Energy Economic Value Renewable Energy Eucalyptus Biomasa Dendroenergía Valor Económico Energía Renovable Argentina Short Rotation Coppice Production System SRC The objective of this study was to conduct an ex-ante evaluation of the viability of Eucalyptus grandis biomass plantations in northeastern Argentina, modeling the effects of changes in the economic context (relative prices) for the years 2010–2022. The developed model enables the estimation of the minimum viable price for forest biomass production and includes a sensitivity analysis. Moreover, it contributes to understanding the evolution of economic viability conditions, enabling anticipation of future scenarios. The results indicate that, for most of the time series analyzed and under average conditions for different scenarios, the model is not viable. This is because the minimum price set by biomass production and supply conditions exceeds the maximum price that the energy transformation stage can pay without incurring losses. Our methodology could assist in modelling future economic investment projects, and facilitate the incorporation of technical, economic and policy variants. The results establish a baseline on which future project evaluations could more explicitly incorporate environmental aspects and other externalities in decision-making from a societal standpoint. El objetivo de este estudio fue realizar una evaluación ex ante de la viabilidad de las plantaciones de biomasa de Eucalyptus grandis en el noreste de Argentina, modelando los efectos de los cambios en el contexto económico (precios relativos) para los años 2010-2022. El modelo desarrollado permite estimar el precio mínimo viable para la producción de biomasa forestal e incluye un análisis de sensibilidad. Además, contribuye a comprender la evolución de las condiciones de viabilidad económica, permitiendo anticipar escenarios futuros. Los resultados indican que, para la mayoría de las series temporales analizadas y en condiciones promedio para diferentes escenarios, el modelo no es viable. Esto se debe a que el precio mínimo establecido por las condiciones de producción y suministro de biomasa supera el precio máximo que la etapa de transformación energética puede pagar sin incurrir en pérdidas. Nuestra metodología podría ayudar a modelar futuros proyectos de inversión económica y facilitar la incorporación de variantes técnicas, económicas y de política. Los resultados establecen una línea base sobre la cual las futuras evaluaciones de proyectos podrían incorporar de forma más explícita los aspectos ambientales y otras externalidades en la toma de decisiones desde una perspectiva social. Centro de Investigación en Economía y Prospectiva, INTA Fil: Olemberg, Demián Jeremías. Instituto Nacional de Tecnología Agropecuaria (INTA). Centro de Investigación en Economía y Prospectiva (CIEP); Argentina Fil: Lupi, Ana Maria. Instituto Nacional de Tecnología Agropecuaria (INTA). Instituto de Suelos; Argentina 2025-09-02T10:29:49Z 2025-09-02T10:29:49Z 2024-08 info:ar-repo/semantics/artículo info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion http://hdl.handle.net/20.500.12123/23646 https://www.sciencedirect.com/science/article/pii/S2772801324000137 Olemberg, D. & Lupi, A.M. (2024). Economic analysis of Eucalyptus biomass cultivation for energy in Argentina. Cleaner and Circular Bioeconomy, 8 (2024) 100085. doi:10.1016/j.clcb.2024.100085 2772-8013 https://doi.org/10.1016/j.clcb.2024.100085 eng info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf Argentina .......... (nation) (World, South America) 7006477 start=2010; end=2022 Elsevier Cleaner and Circular Bioeconomy 8 : 100085. (August 2024)
spellingShingle Biomass
Wood Energy
Economic Value
Renewable Energy
Eucalyptus
Biomasa
Dendroenergía
Valor Económico
Energía Renovable
Argentina
Short Rotation Coppice Production System
SRC
Olemberg, Demián Jeremías
Lupi, Ana Maria
Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title_full Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title_fullStr Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title_full_unstemmed Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title_short Economic analysis of Eucalyptus biomass cultivation for energy in Argentina
title_sort economic analysis of eucalyptus biomass cultivation for energy in argentina
topic Biomass
Wood Energy
Economic Value
Renewable Energy
Eucalyptus
Biomasa
Dendroenergía
Valor Económico
Energía Renovable
Argentina
Short Rotation Coppice Production System
SRC
url http://hdl.handle.net/20.500.12123/23646
https://www.sciencedirect.com/science/article/pii/S2772801324000137
https://doi.org/10.1016/j.clcb.2024.100085
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