Exploring Factors for Establishing an Aviation Biofuel Supply Chain: An Agent Based Modelling Approach

An Agent Based Model is devised of the Brazilian bio-ethanol system in order to experiment with the emergence of a biokerosene supply chain within this existing market. The results show how the government blending mandate enforces a biomass competition for biofuels which means that the price of biokerosene can not reach kerosene price parity.