The national bioenergy investment model: Technical documentation
2012
kemp-benedict e.
The National Bioenergy Investment Model is a scenario model that simulates the decisions of domestic and international investors on whether to invest in biofuel enterprises in a developing country. In the model, investors compare the profitability of different biofuel feedstock and fuel operations using a riskadjusted discount rate taking market, currency, country and sector risks into account. Prices for biofuels and feedstocks are determined in part through exogenous international prices and in part through a dynamic, equilibrium-seeking price adjustment mechanism. The model is intended to be used within a participatory scenario exercise, and can be run interactively
Afficher plus [+] Moins [-]Kemp-Benedict E., 'The national bioenergy investment model: Technical documentation', CIFOR Working Paper no. 88, Center for International Forestry Research (CIFOR), 2012
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