Table 9.
Net present value (NPV) and break-even year of a Miscanthus crop per hectare with 20-year crop life, 6% discount rate for different management options, using the costs determined from this study and using a farm gate sale price of £75.0 Mg-1 Miscanthus crop harvest (moisture < 14%).
| Location | Yield establishment ramp |
Establishment |
Film | Harvesting |
NPV | Breakeven | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year 1 | Year 2 | Year 3 | Year 4+ | Rhizome | Seed-plug | Chipping | Baling | £ | Year | ||
| Aberystwyth | 0.3 | 5.3 | 12.4 | 12.4 | × | × | £4,238 | 4 | |||
| 0.3 | 5.3 | 12.4 | 12.4 | × | × | £1,331 | 6 | ||||
| 0.3 | 5.3 | 12.4 | 12.4 | × | × | £5,110 | 4 | ||||
| 0.3 | 5.3 | 12.4 | 12.4 | × | × | £2,533 | 5 | ||||
| 0.6 | 9.5 | 12.4 | 12.4 | × | × | × | £5,229 | 3 | |||
| Potash | 3.0 | 9.5 | 16.0 | 16.0 | × | × | × | £6,469 | 3 | ||
| 3.0 | 9.5 | 16.0 | 16.0 | × | × | × | £3,096 | 4 | |||
| 3.0 | 9.5 | 16.0 | 16.0 | × | × | × | £7,515 | 3 | |||
| 3.0 | 9.5 | 16.0 | 16.0 | × | × | × | £4,142 | 3 | |||
| Stuttgart | 1.0 | 12.5 | 12.5 | 12.5 | × | × | × | £4,148 | 3 | ||
| 1.0 | 12.5 | 12.5 | 12.5 | × | × | × | £1,716 | 5 | |||
| 1.0 | 12.5 | 12.5 | 12.5 | × | × | × | £5,464 | 3 | |||
| 1.0 | 12.5 | 12.5 | 12.5 | × | × | × | £2,763 | 4 | |||