The Business of Biofuels
To create a sustainable biofuels industry in North Carolina, value has to be created at each step from biomass to consumer commodity product. Without sound economics, there is no reason to take the risk to invest in this new industry. Because so much of what must be accomplished to establish biofuels in the state is new, the Biofuels Center developed a sophisticated financial modelling tool to help landowners, producers and distributors quantify the value, Return on Investment (ROI), and other key indicators.
The tool, called The Business of Biofuels, uses financial models using complex spreadsheets that allows the Biofuels Center to work with companies to quantify on a case-by-case basis the economic feasibility of a venture.
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