Economic assessment

The Bioenergy Center’s work includes a cross-cutting economic assessment of technologies and processes for producing bioenergy that will be investigated in the three thrust areas. 

The profitability of the technologies developed relative to each other as well as relative to the traditional sources of energy will be evaluated.

The framework for the assessment will be based on empirical estimation of the production possibilities frontiers (PPF), which are convex multidimensional surfaces describing the technologically feasible combinations of alternative products that can be produced within a given economic system using the existing factors of production.

Points of Pride