Bio-ethanol production from wheat in the winter rainfall region of South Africa: A quantitative risk analysis Conference Paper uri icon

abstract

  • Contrary to developments in other parts of the world, South Africa has not developed a bio-ethanol industry. The objective was to quantify the risks and economic viability of a wheat based bio-ethanol plant in the winter rainfall region of South Africa. Monte Carlo simulation of a bio-ethanol plant was used to quantify the risk that investors will likely face. Under the Base scenario a 103 million liter bio-ethanol plant would not offer a reasonable chance of being economically viable. Alternative price enhancing policies were analyzed to determine policy changes needed to make a bio-ethanol plant economically viable in the region. © 2007 International Food and Agribusiness Management Association (IAMA). All rights reserved.

published proceedings

  • International Food and Agribusiness Management Review

author list (cited authors)

  • Richardson, J. W., Lemmer, W. J., & Outlaw, J. L

publication date

  • January 1, 2007 11:11 AM