The economics of ethanol production in Georgia
Shumaker, George A.
McKissick, John C.
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The Georgia Environmental Facilities Authority (GEFA) in cooperation with the National Renewable Energy Laboratory (NREL) contracted with the Center for Agribusiness and Economic Development (CAED) to update a prior feasibility study on the production of ethanol in Central Georgia. This study was to follow up a study that had been done previously, and was to expand the knowledge base of the feasibility of ethanol production in Georgia. The concern of GEFA and NREL was that given the enormous interest by various groups in producing ethanol, adequate information concerning the topic should be made available so that informed decisions could be made. One primary concern was whether or not ethanol production was feasible in Georgia considering given the price of the typical feedstock corn is higher valued in Georgia than in the Midwest where most of the ethanol production capacity currently resides. In answering that question, the study addresses alternative production methodologies, two different plant sizes and alternative feedstocks. The study provides insight into the question of whether Georgia is at a competitive disadvantage to Midwestern ethanol producers.