Observatorio de I+D+i UPM

Memorias de investigación
Research Publications in journals:
Synergies between agriculture and bioenergy in Latin American countries: A circular economy strategy for bioenergy production in Ecuador
Year:2017
Research Areas
  • Agrarian economy
Information
Abstract
This study quantifies the synergies between agriculture and bioenergy considering biodiesel production as part of a set of systemic initiatives. We present a case study in Ecuador taking into account the recent government measures aimed at developing the bioenergy sector. Four scenarios have been evaluated through a newly designed systemic scheme of circular-economy initiatives. These scenarios encompass three production pathways covering three energy crops: palm oil (PO), microalgae in open ponds (M1) and microalgae in laminar photobioreactors (M2). We have applied Benefit-Cost Analysis (BCA) methodology considering the Net Present Value (NPV) and the Benefit-Cost Ratio (BCR) as the main evaluation criteria. In terms of private investment, biodiesel production from PO is more attractive than from M2. However, regarding efficiency and effectiveness of public funds, M2 is superior to PO because the public BCR and NPV are higher, and the pressure on agricultural land is lower. Moreover, M2 as part of a systemic approach presents a better carbon balance. These findings show that, under a systemic approach based on circular economy, strategies like the one analyzed in this study are economically feasible and may have a promising future.
International
Si
JCR
Si
Title
New Biotechnology
ISBN
1871-6784
Impact factor JCR
3,813
Impact info
Volume
39
Journal number
From page
81
To page
89
Month
SIN MES
Ranking
Participants
  • Autor: Cristhian Antonio Vega Quezada (UPM)
  • Autor: Maria Blanco Fonseca (UPM)
  • Autor: Hugo Romero
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Economía Agraria y Gestión de los Recursos Naturales
  • Departamento: Economía Agraria, Estadística y Gestión de Empresas
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
Cofinanciación del MINECO en el marco del Programa INNCIDE 2011 (OTR-2011-0236)
Cofinanciación del MINECO en el marco del Programa INNPACTO (IPT-020000-2010-22)