Financial Feasibility of Sugar Beet Biofuel Production in North Dakota

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Monetary Feasibility of Sugar Beet Biofuel Production in North Dakota Thein Maung and Cole Gustafson North Dakota State University The Economics of Alternative Energy Resources and Globalization: The Road Ahead November 15-17, 2009, Orlando, FL

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Non-Food Sugarbeet Feedstock to Advanced Biofuels NDSU Green Vision Group "Designers For Rural Development" Heartland Renewable Energy (HRE) "Sugar Is The New Oil"

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Project Goal Develop sugar beet to biofuel industry crosswise over North Dakota with five flooded creation locales. Initially biofuel non-sustenance sugar beet preparing plant to be implicit 2012. Give nearby financial open door

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Introduction Energy Independence and Security Act (EISA) of 2007 characterizes three classes of biofuels: Conventional biofuel – 20% GHG decrease Advanced biofuel – half GHG diminishment (Highlands EnviroFuels LLC directed LCA of GHG emanations) Cellulosic – 60% GHG lessening

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Introduction Sugar beets and sugarcane are remarkably qualified as cutting edge biofuels under EISA. By 2022, around 15 billion gallons for every year of cutting edge biofuels will be required

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Introduction North Dakota can possibly grow watered sugar beet creation, minimizing land rivalry with existing sugar beet sustenance crops. In view of their high sugar content, sugar beets can yield higher ethanol generation per section of land. Developing sugar beet feedstock can decrease nitrogen necessities, water utilize and lessens CO₂ emanations

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Literature USDA (2006) Examined the practicality of ethanol creation from sugar in the U.S. Ban et al. (2007) Analyzed the achievability of incorporating ethanol creation into existing sugar process that utilizations sugarcane juice Yoder et al. (2009) Investigated the potential advancement of an ethanol industry in Washington State utilizing sugar beets

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Technology Overview The plant makes the vast majority of it's own vitality. Stillage squander from aging procedure is splash dried and smoldered to deliver warm and electrical vitality providing around 75% of the plant's vitality needs. Patent has been effectively lab tried by HRE and now needs business scale test .

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Spent Yeast Sugar Beets Dryer Slicing/Grinding Recovered Yeast Wet Pulp Pressing/Juice Extraction Dryer Beet Pulp/Feed Molasses Cooking and Sterilization Ash/Fertilizer Steam Boiler Fermentation Distillation Dehydration Denaturing Fuel Ethanol Storage Evaporation Dryer Dried Powder Stillage Syrup

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Methodology Divided into four areas: Production presumptions Balance sheet Income proclamation Cash stream budgetary articulation

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Production Assumptions

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Results from Income Statement

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Data and Distribution Assumptions

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Simulation Results

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Simulation Results

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Simulation Results

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Simulation Results

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Summary and Conclusions One of the most critical variables that influence the productivity of the speculation is the cost of ethanol. Changes in costs of co-items have a generally minor effect on the gainfulness of speculation The ethanol plant can endure the feedstock cost increment to a specific level without critically affecting benefits.

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Additional Research and Study Needs Commercial scale blaze trial of aging dregs material to be utilized for plant vitality Optimal outline of feedstock production network Environment lifecycle of the biofuel delivered Impacts on provincial work 19

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