A Framework for Defining the Economic Feasibility of Cellulosic Biofuel Pathways

References

• Schnepf R, Yacobucci BD. Renewable Fuel Standard (RFS): Overview and Issues. Congressional Research Service, Washington, DC (2013).
   Google Scholar
• DOE. US Billion-Ton Update: Biomass Supply for a Bioenergy and Bioproducts Industry. Oak Ridge National Laboratory, Oak Ridge, TN (2011).
   Google Scholar
• Anon. EMTS RFS2 data (2013). Environmental Protection Agency, Web 02/14 http://www.epa.gov/otaq/fuels/rfsdata/2013emts.htm
   Google Scholar
• Anon. EPA proposes 2014 renewable fuel standards, 2015. Biomass-Based Diesel (2013).
   Google Scholar
• Elgin B, Waldman P. Chevron defies California on carbon emissions – Bloomberg. Bloomberg (2013).
   Google Scholar
• Downing L, Gismatullin E. Biofuel investments at seven-year low as BP blames cost – Bloomberg. Bloomberg (2013).
   Google Scholar
• CEEIIBP, NRC. Renewable Fuel Standard: Potential Economic and Environmental Effects of U.S. Biofuel Policy. The National Academies Press, Washington, DC (2011).
   Google Scholar
• Wright MM, Daugaard DE, Satrio JA, Brown RC. Techno-economic analysis of biomass fast pyrolysis to transportation fuels. Fuel 89, S2–S10 (2010).
   Web of Science ®Google Scholar
• Brown TR, Thilakaratne R, Brown RC, Hu G. Techno-economic analysis of biomass to transportation fuels and electricity via fast pyrolysis and hydroprocessing. Fuel 106, 463–469 (2013).
   Web of Science ®Google Scholar
• Zhang Y, Brown TR, Hu G, Brown RC. Techno-economic analysis of monosaccharide production via fast pyrolysis of lignocellulose. Bioresour. Technol. 127, 358–365 (2013).
   PubMed Web of Science ®Google Scholar
• Tan ECD, Marker TL, Roberts MJ. Direct production of gasoline and diesel fuels from biomass via integrated hydropyrolysis and hydroconversion process—A techno-economic analysis. Environ. Prog. Sustain. Energ. (2013).
   Web of Science ®Google Scholar
• Phillips SD, Tarud JK, Biddy MJ, Dutta A. Gasoline from Woody biomass via thermochemical gasification, methanol synthesis, and methanol-to-gasoline technologies: a technoeconomic Analysis. Ind. Eng. Chem. Res. 50, 11734–11745 (2011).
   Web of Science ®Google Scholar
• Phillips SD. Technoeconomic analysis of a lignocellulosic biomass indirect gasification process to make ethanol via mixed alcohols synthesis. Ind. Eng. Chem. Res. 46, 8887–8897 (2007).
   Web of Science ®Google Scholar
• Brown TR, Wright MM, Brown RC. Estimating profitability of two biochar production scenarios: slow pyrolysis vs fast pyrolysis. Biofuels Bioprod. Biorefin. 5, 54–68 (2011).
   Web of Science ®Google Scholar
• Brown TR, Zhang Y, Hu G, Brown RC. Techno-economic analysis of biobased chemicals production via integrated catalytic processing. Biofuels Bioprod. Biorefin. 6, 73–87 (2012).
   Web of Science ®Google Scholar
• Silva C, Vale S, Pinto FC, Müller CS, Moura A. The economic feasibility of precision agriculture in Mato Grosso do Sul State, Brazil: a case study. Precis. Agric. 8, 255–265 (2007).
   Web of Science ®Google Scholar
• Mantripragada HC, Rubin ES. Techno-economic evaluation of coal-to-liquids (CTL) plants with carbon capture and sequestration. Energy Policy 39, 2808–2816 (2011).
   Web of Science ®Google Scholar
• Zhang Y, Brown TR, Hu G, Brown RC. Comparative techno-economic analysis of biohydrogen production via bio-oil gasification and bio-oil reforming. Biomass Bioenerg. (2013).
   Web of Science ®Google Scholar
• Shlyakhter AI, Kammen DM, Broido CL, Wilson R. Quantifying the credibility of energy projections from trends in past data: The US energy sector. Energy Policy 22, 119–130 (1994).
   Web of Science ®Google Scholar
• Brown TR, Wright MM. Techno-economic impacts of shale gas on cellulosic biofuel pathways. Fuel 117, 989–995 
(2014).
   Web of Science ®Google Scholar
• Brown TR, Brown RC. A review of cellulosic biofuel commercial-scale projects in the United States. Biofuels Bioprod Biorefin. 7, 235–245 (2013).
   Web of Science ®Google Scholar
• Swanson RM, Platon A, Satrio JA, Brown RC. Techno-economic analysis of biomass-to-liquids production based on gasification. Fuel 89, S11–S19 (2010).
   Google Scholar
• Kazi FK, Fortman JA, Anex RP, Hsu DD, Aden A, Dutta A, et al. Techno-economic comparison of process technologies for biochemical ethanol production from corn stover. Fuel 89, S20–S28 (2010).
   Web of Science ®Google Scholar
• Tao L, Tan ECD, McCormick R, Zhang M, Aden A, He X, et al. Techno-economic analysis and life-cycle assessment of cellulosic isobutanol and comparison with cellulosic ethanol and n-butanol. Biofuels Bioprod. Biorefin. n/a–n/a (2013).
   Web of Science ®Google Scholar
• Brown TR, Thilakaratne R, Brown RC, Hu G. Regional differences in the economic feasibility of advanced biorefineries: Fast pyrolysis and hydroprocessing. Energy Policy 57, 234–243 (2013).
   Web of Science ®Google Scholar
• Anon. Consumer Price Index 2014 (2013).
   Google Scholar
• Shah A, and Darr M. Techno-economic Analysis and Life Cycle Assessment of the Corn Stover Biomass Feedstock Supply Chain System for a Midwest-based First-generation Cellulosic Biorefinery. Diss. Iowa State U, 2013. N.p.: n.p., n.d. Print.
   Google Scholar
• Petrolia DR. The economics of harvesting and transporting corn stover for conversion to fuel ethanol: a case study for Minnesota. Biomass Bioenerg. 32, 603–612 (2008).
   Web of Science ®Google Scholar
• Kadam KL, McMillan JD. Availability of corn stover as a sustainable feedstock for bioethanol production. Bioresour. Technol. 88, 17–25 (2003).
   PubMed Web of Science ®Google Scholar
• Leboreiro J, Hilaly AK. Biomass transportation model and optimum plant size for the production of ethanol. Bioresour. Technol. 102, 2712–2723 (2011).
   PubMed Web of Science ®Google Scholar
• O'Neill BC, Desai M. Accuracy of past projections of US energy consumption. Energy Policy 33, 979–993 (2005).
   Web of Science ®Google Scholar
• Craig PP, Gadgil A, Koomey JG. What can history teach us? A Retrospective Examination of Long-Term Energy Forecasts for the United States*. Ann. Rev. Energ. Environ. 27, 83–118 (2002).
   Google Scholar
• Anon. Annual Energy Outlook 2010 with Projections to 2035. Washington, DC (2010).
   Google Scholar
• Anon. Henry Hub Gulf Coast Natural Gas Spot Price (2013).
   Google Scholar
• Stephens MA. EDF statistics for goodness of fit and some comparisons. J. Am. Stat. Assoc. 69, 730–737 (1974).
   Web of Science ®Google Scholar
• Balat M. Possible methods for hydrogen production. Energ. Sources, Recover. Util. Environ. Eff. 31, 39–50 (2008).
   Web of Science ®Google Scholar
• Anon. Average retail price of electricity to ultimate customers 2013 (2013).
   Google Scholar
• Anon. Los Angeles, CA Ultra-Low Sulfur CARB Diesel Spot Price (2013).
   Google Scholar
• Anon. U.S. Gulf Coast Conventional Gasoline Regular Spot Price FOB (2013).
   Google Scholar
• Anon. US Average Farm Price Received Database (2013).
   Google Scholar
• Steward D, Ramsden T, Zuboy J. H2A Central Hydrogen Production Model, Version 3 2012 (2013).
   Google Scholar
• Damodaran A. Investment Valuation: Tools and Techniques for Determining the Value of any Asset, 183. Wiley, Hoboken (2012).
   Google Scholar
• Anon. Daily Treasury Curve Yield Rates. US Department of the Treasury Resource Center (2013).
   Google Scholar
• Thilakaratne R., Brown T, Li Y, Hu G, Brown R. Mild catalytic pyrolysis of biomass for production of transportation fuels: a techno-economic analysis. Green Chem. 16(2), 627–636. doi:10.1039/C3GC41314D
   Web of Science ®Google Scholar
• Dutta A, Dowe N, Ibsen KN, Schell DJ, Aden A. An economic comparison of different fermentation configurations to convert corn stover to ethanol using Z. mobilis and Saccharomyces. Biotechnol. Prog. 26, 64–72 (2010).
   PubMed Web of Science ®Google Scholar
• Tao L, He X, Tan ECD, Zhang M, Aden A. Comparative techno-economic analysis and reviews of n-butanol production from corn grain and corn stover. Biofuels Bioprod. Biorefin. n/a–n/a (2013).
   Web of Science ®Google Scholar
• Klein-Marcuschamer D, Simmons BA, Blanch HW. Techno-economic analysis of a lignocellulosic ethanol biorefinery with ionic liquid pre-treatment. Biofuels Bioprod. Biorefin. 5, 562–569 (2011).
   Web of Science ®Google Scholar
• Zhu Y, Jones SB, Biddy MJ, Dagle RA, Palo DR. Single-step syngas-to-distillates (S2D) process based on biomass-derived syngas – A techno-economic analysis. Bioresour. Technol. 117, 341–351 (2012).
   PubMed Web of Science ®Google Scholar
• Anon. Ethanol facilities capacity by state and plant. Official Nebraska Government Website (2013).
   Google Scholar
• Lane J. Gusher! KiOR starts production of US cellulosic biofuels at scale. Biofuels Dig. (2012).
   Google Scholar
• Anon. About Dynamic Fuels (2013).
   Google Scholar
• Anon. FutureFuel - Biofuels (2013).
   Google Scholar
• Esty BC. Improved techniques for valuing large-scale projects. J. Struct. Financ. 5, 9–25 (1999).
   Google Scholar
• Anon. Annual Energy Outlook 2013. Energy Information Administration, Washington, DC (2012).
   Google Scholar