In several policy documents bioenergy is recognized as an important renewable energy source in Italy. The increase in Energy prices represents an opportunity for lignocellulosic energy crops such as acacia and poplar. However, for Short Rotation Coppice (SRC) and Short Rotation Forestry (SRF) to be adopted by farmers, these crops must be perceived to be at least as profitable as crops that normally compete with these plantations for land use. The purpose of this paper is to evaluate the economic feasibility of acacia (Robinia pseudoacacia) as an energy crop in a low input production regime in Italy and, in particular, to consider its competitiveness with wheat.