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Interactions between agricultural, wood and energy markets
Project
Project code: TI-MA-08-PID1413
Contract period: 01.03.2013
- 31.12.2017
Purpose of research: Inventory & Assessment
Policies and increasing prices for fossil energy sources make the use of biomass for energy purposes more attractive. At the same time, the costs of production of biomass increase. We combine the economic models for the agricultural and forestry sector from several Thünen institutes in order to represent the linkages between markets for agricultural and forestry products as well as for energy markets. In light of scarce fossil resources, policy makers increasinly rely on energy from biomass. Currently, energy from biomass is hardly competetive without public support and is produced to a very limited extent.This may change when fossil energy becomes more expensive. Our analysis show the impact of high energy prices and changing policies on national and global agricultural and forestry markets. The working group brings research activities from four Thünen institutes together. The adaption of the economic models representing the agricultural and forestry sector are core to the group´s work. Priorities of work are the representation of biogas and corn for energy purposes, land markets, demand for wood for energy production, green hous gas emissions and other sustainability criteria. Centrepiece of the work are the quantitative models of the Thünen instutes for agricultural and forestry economics. This includes FARMIS, RAUMIS, MAGNET and GFPM. Scenarios describing different developments of energy prices and economic growth will help to analyse their impact on agriculture and forestry.
Section overview
Subjects
- Forestry
- Agroeconomics
- Renewable Resources