6533b828fe1ef96bd1289481

RESEARCH PRODUCT

Giant reedasenergycropforSouthernItaly: An economicfeasibilitystudy

R TestaM FoderàAnna Maria Di TrapaniSalvatore TudiscaFilippo Sgroi

subject

Settore AGR/01 - Economia Ed Estimo RuraleAnnual grossmargin Arundo donax Discounted cash flow Farm Sensitivity analysis

description

Among renewablesourcesgiantreedhasattractedagrowinginterestasenergycropespeciallyin Southern Europe,thankstoitslowagronomicinputrequirements.Thispaperaimedatevaluatingthe economic feasibilityofintroductionofgiantreedplantationasenergycropintheSouthernItaly.In particular,aneconomicand financial analysiswasperformedbycomparinggiantreed(bothfor woodchip andchoppedforageproduction)withtraditionalcrops(pluriannualandannual)thatare currentlycultivatedinthesamearea,suchaswinegrape,melonandtomato.Resultsshowedthehighest profitability ofgiantreedrespecttoothercropswithcurrentmarketprices.Inparticular,giantreed destined towoodchipproductiondenotedthehighestannualgrossmarginwithavalueof647.10 € ha1, followedbygiantreedforsilageproduction(617.04 € ha1), winegrape(477.52 € ha1), melon(310.00 € ha1) andtomato(280.00 € ha1). However,itshouldbeconsideredthat,asthecultivationofenergycropssubtractsinevitablysurface to theagriculturalland,itwouldbedesirablethatthegiantreeddoesnotconflict withagri-foodpro- duction, butvalorizesmarginaland/orunproductiveareas.

10.1016/j.rser.2015.12.123http://hdl.handle.net/10447/193280