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Chapter 4 - Pretreatment Technologies for Lignocellulosic Biomass Refineries

Pretreatment is a critical step in processing lignocellulosic biomass into biofuel and bioproducts and is considered the energy and cost center of the biomass conversion process. Although a large number of pretreatment technologies have been developed, not all the techniques are viable on a commercial scale at this stage. Moreover, the technology choice and process conditions depend highly on the type of biomass and the overall biorefinery scheme. This chapter provides an overview of different pretreatment methods, including their mechanism, important process parameters, current status, and challenges. The opportunities associated with new technologies and approaches are presented. Emphasis is placed on low-severity thermal pretreatment technologies. The chapter also provides a brief discussion of the challenges to achieving the economic viability of the technologies on a commercial scale.

BIOMASS FUELS↗

WaterTAP3 (The Water Technoeconomic Assessment Pipe-Parity Platform)

The Water Technoeconomic Assessment Pipe-Parity Platform (WaterTAP3) was developed under the National Alliance for Water Innovation (NAWI) to facilitate consistent technoeconomic assessments of desalination treatment trains. The WaterTAP3 is an analytically robust modeling tool that can be used to evaluate water technology cost, energy, environmental, and resiliency tradeoffs across different water sources, sectors, and scales. The model simulates steady-state water treatment train performance and costs including flow and constituent mass balance across unit processes, based on source water conditions, configurations of treatment technologies, and system-level techno-economic assumptions. Users can build a new treatment train by connecting any number of unit processes, specific for their context and system, or selecting a train from the treatment train library. The model contains various technical and cost parameter options for a range of treatment processes and a library of influent water quality characteristics for a variety of source waters and case studies. Users can customize water quality parameters to evaluate the technology performance in their context. The model can be set up for different assessment needs including simulation, optimization, and uncertainty and sensitivity analyses. The results from WaterTAP3 can help identify trade-offs among the different system performance metrics, with insight on how particular technologies or systems promote pipe-parity. The flexibility and comprehensive scope of the tool makes it a promising solution to industry-wide water technoeconomic evaluations, leading to more informed water investment decisions and technologies. As a user-friendly, open-source platform, WaterTAP3 can be used by industry, academia, policymakers, planners, and those with or without extensive analytical experience.

Miara, Ariel↗

Water Technoeconomic Assessment Pipe-Parity Platform (WaterTAP3)

The Water Technoeconomic Assessment Pipe-Parity Platform (WaterTAP3) was developed under the National Alliance for Water Innovation (NAWI) to facilitate consistent technoeconomic assessments of desalination treatment trains. The WaterTAP3 is an analytically robust modeling tool that can be used to evaluate water technology cost, energy, environmental, and resiliency tradeoffs across different water sources, sectors, and scales. The model simulates steady-state water treatment train performance and costs including flow and constituent mass balance across unit processes, based on source water conditions, configurations of treatment technologies, and system-level techno-economic assumptions. Users can build a new treatment train by connecting any number of unit processes, specific for their context and system, or selecting a train from the treatment train library. The model contains various technical and cost parameter options for a range of treatment processes and a library of influent water quality characteristics for a variety of source waters and case studies. Users can customize water quality parameters to evaluate the technology performance in their context. The model can be set up for different assessment needs including simulation, optimization, and uncertainty and sensitivity analyses. The results from WaterTAP3 can help identify trade-offs among the different system performance metrics, with insight on how particular technologies or systems promote pipe-parity. The flexibility and comprehensive scope of the tool makes it a promising solution to industry-wide water technoeconomic evaluations, leading to more informed water investment decisions and technologies. As a user-friendly, open-source platform, WaterTAP3 can be used by industry, academia, policymakers, planners, and those with or without extensive analytical experience. A publicly available graphical user interface is currently under development.

Miara, Ariel↗

Sensitivity of the U.S. economy to oil prices controlling for domestic production and imports

This paper investigates the sensitivity of U.S. economic performance to oil price changes, accounting for changes in the domestic petroleum supply-demand balance over the last decade. Herein, a non-linear (asymmetric) autoregressive distributed lag (NARDL) model is used to estimate the U.S. GDP elasticity with respect to the oil price, controlling for oil production, consumption and imports, and macroeconomic variables. The positive and negative components of the oil price both have statistically significant long-run impacts on the real U.S. GDP. The parameter estimates imply that a 1% positive and permanent oil price shock, all else the same, would have a long-run impact of –0.045% on the U.S. economy (an elasticity of –0.045), but short-run parameters on the positive oil price terms are not significant at the 10% level. The long-run parameter on the negative oil price component term implies an elasticity of –0.034. Thus, controlling for domestic U.S. oil production and oil trade, the long-run oil price elasticity of the U.S. GDP remains within the range of estimates from previous studies. The results also show that domestic oil production and consumption have short-run impacts on the U.S. GDP. The potential extent of interactions among these variables, and implications for the net economic impacts, under an oil price shock are subjects of future research.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Herbaceous Feedstock 2020 (State of Technology Report)

The Energy Independence and Security Act (EISA) of 2007 required a minimum supply of 36 million gallons of renewable fuels per year by 2022. In order to achieve these goals, the Bioenergy Technologies Office (BETO) has set cost and technology targets for producing advanced and cellulosic biofuels. One of the targets is to validate feedstock supply infrastructures and systems with 90% overall operating effectiveness and field-to-reactor throat delivered cost less than $85.51/dry ton (2016). As stated by the 2017 Multi-Year Program Plan (DOE 2017), the research and development focus of the Feedstock Technologies (FT) platform is reducing the cost, improving the supply chain logistic efficiency, improving biomass quality, and increasing the supply volume. In addition, BETO oversees annual State of Technology (SOT) report that assesses current technologies that are relevant to BETO’s targets based on actual data and experimental results. Feedstocks are essential to achieving BETO goals because the cost, quality, and quantity of feedstock available and accessible at any given time limit the maximum volume of biofuels that can be produced. In accordance with the 2016 Multi-Year Program Plan (DOE 2016a), FT focuses on (1) reducing the delivered cost of sustainably produced biomass, (2) preserving and improving the physical and chemical quality parameters of harvested biomass to meet the individual needs of biorefineries and other biomass users, and (3) expanding the quantity of feedstock materials accessible to the bioenergy industry. This is done by identifying, developing, demonstrating, and validating efficient and economical integrated systems for harvest and collection, storage, handling, transport, and preprocessing raw biomass from a variety of crops to reliably deliver the required supplies of high-quality, affordable feedstocks to biorefineries as the industry expands. The elements of cost, quality, and quantity are key considerations when developing advanced feedstock supply concepts and systems (DOE 2016a).

09 BIOMASS FUELS↗

Projecting Future Colorado River Basin Water and Hydropower Operations

Drought, variable renewable energy (VRE) resources (primarily wind and photovoltaic technologies), and power markets can all impact hydropower plant operations. We analyze how these three factors collectively may potentially change the future operation and economics of federal dams and hydropower plants located in the Colorado River Basin (CRB). Federal CRB energy and capacity resources, including 4,200 MW of hydropower capacity, are marketed by Western Area Power Administration (WAPA) and sold through long-term Firm Electric Service (FES) contracts to entities located in 15 western and central States that serve millions of electricity consumers. The parameters of FES contracts allow a wide range of scheduling flexibility for FES customers. The FES customers will adjust the timing of energy delivery according to the changing water, power market, and VRE contribution level to the power grid. We simulate and project water and hydropower operations with two models: 1) reservoir operation and 2) power system operation (production cost) with various temporal granularity. We consider two sets of grid scenarios (one representing today's infrastructure, and one representing higher VRE contributions in 2036) and two sets of water scenarios (drought and normal hydrology). We modeled scenarios to understand the power market-energy price levels and patterns, FES customer scheduling, hydropower economics, WAPA finances and hydropower operation for various hydrologic conditions, and VRE contribution level to the power grid. The detailed modeling framework includes: (1) creating ensembles of CRB hydrologic and hydropower futures, (2) selecting representative futures, (3) simulation of FES customer contracts, (4) simulating western U.S. power grid economic scheduling and dispatch under two VRE contribution levels, utilizing information from modeling steps (1)-(4), (5) assessment of reservoir water and hydropower operation, and (6) comparing scenario operations and economics. Our study team comprising WAPA, and an interdisciplinary team of national labs will gain insight into how WAPA can prepare for and adapt its practices in response to an evolving U.S. power grid.

Colorado River↗

Identifying Disadvantaged Communities in the United States: An Energy-Oriented Mapping Tool that Aggregates Environmental and Socioeconomic Burdens

This paper defines a policy-relevant nationwide composite index to identify communities disproportionately impacted by environmental, energy, and climate injustices in the United States. We review existing vulnerability indicators and indices to assess the tradeoffs of different design parameters, including variable selection, geographic unit, dimensionality reduction, weighting, and aggregation methods. From this methodological review, we create the first nationwide, census tract-level index of cumulative burden that includes energy-relevant indicators alongside climate, social, environmental, and economic indicators, and is flexible to the inclusion of additional data sources. We provide a summary of the sources of inputs used to develop a definition for "disadvantaged communities" that can be used to prioritize energy investments. We discuss use-cases for this index including the implementation of the Justice40 Initiative, which calls for 40% of certain federal clean energy benefits to flow to disadvantaged communities in the United States. We use our results to examine historic allocations of federal energy investments and show that communities that we identify as disadvantaged received about 37% fewer funds per capita than non-disadvantaged communities.

cumulative burden↗

Optical-pump–terahertz-probe spectroscopy in high magnetic fields with kHz single-shot detection

We demonstrate optical pump–THz probe (OPTP) spectroscopy with a variable external magnetic field (0–9 T), in which the time-dependent THz signal is measured by echelon-based single-shot detection at a repetition rate of 1 kHz. The method reduces data acquisition times by more than an order of magnitude compared to conventional electro-optic sampling using a scanning delay stage. The approach illustrates the wide applicability of the single-shot measurement approach to non-equilibrium systems that are studied through OPTP spectroscopy, especially in cases where parameters such as magnetic field strength (B) or other experimental parameters are varied. We demonstrate the capabilities of our measurement by performing cyclotron resonance experiments in bulk silicon, where we observe B-field-dependent carrier relaxation and distinct relaxation rates for different carrier types. We use a pair of economical linear array detectors to measure 500 time points on each shot, offering an equivalent performance to camera-based detection with possibilities for higher repetition rates.

Instruments & Instrumentation↗

Distributed, Intelligent Edge-Sensing for a Smarter Grid

The electric grid is undergoing major transformations and developments resulting in unprecedented levels of volatility, uncertainty, and stress on grid infrastructure. Smart sensors and methods aiding in advanced visibility and situational awareness are key for tackling these issues. In this work, a decentralized architecture is proposed, where sensing, local computation and control capability are embedded in the edge devices, communicating with a set of trusted 'data mules' in a 'delay-tolerant' manner, while functioning autonomously. This system has been designed and implemented as an overall platform – called Global Asset Monitoring, Management and Analytics (GAMMA) Platform intended to provide the backbone for a global array of sensors and actuators. Further, as a building block for advanced current sensing solutions, a smart, low-cost ‘clip-on’ current sensor based on PCB-embedded Rogowski coil has been developed. The sensor hosts a novel signal conditioning stage allowing an 'auto-tuning' feature, resulting in a universal current sensor design for measuring a wide range of currents, including faults for smart grid applications. Finally, the research proposes a method to instrument and monitor key parameters for the most common electric utility asset – the pole-top distribution transformer. The work done in this research enables scalable, edge-intelligent sensing solutions for monitoring grid infrastructure, allowing utility operators to gain advanced visibility in an economical way.

Kulkarni, Shreyas Bhalchandra↗

Developing Near Optimal Control Sequences for Chiller Plants with Water-side Economizers: A Case Study in a Warm and Marine Climate

Various advanced control sequences for chiller plants with water-side economizers (WSE) have been proposed in literature, but the optimization of those controls is limited. It is possible to maximize energy savings by developing near-optimal control sequences, which are dependent on several factors such as the load profile. To address these gaps, we first identify an advanced control sequence and three key control parameters for chiller plants with WSE. Next, optimizations are performed to minimize energy consumption for seven combinations of control parameters. A chiller plant with WSE system in a warm and marine climate is studied and two load profiles are considered. The system and controls are modeled using the Modelica Buildings library. The results show optimizing the selected control parameters can reduce energy consumption by up to 11% depending on the load profile. Specifically, optimizing the cooling tower efficiency threshold in the condenser water reset control can significantly reduce energy savings for the variable load profile by efficiently shifting the load from the cooling tower to the chiller. This paper provides practical guidance for developing near-optimal control sequences for chiller plant with WSE systems considering impacts such as the load profile.

chiller plant↗

Energy Arbitrage: Comparison of Options for use with LWR Nuclear Power Plants

Arbitrage is the opportunistic buying and selling of a commodity during local pricing valleys and peaks respectively to maximize economic value. This report evaluates options for energy arbitrage integrated with existing light water reactor (LWR) nuclear power plants (NPPs) where nuclear energy could be stored in a variety of forms and later recovered to generate electrical power during periods when grid electricity demand and pricing are high. The forms of energy storage examined in this report include the potential value of batteries, hydrogen, and thermal energy storage for coupling with nuclear power. Various large demand response options are also analyzed, including the production of liquid nitrogen via air separation and liquefaction, liquefaction of hydrogen, compressed hydrogen, and the cryogenic capture of CO2. Demand response refers to dispatchable loads that can cycle up or down depending on-grid electricity demand to aid in balancing the grid. Large demand response options could dispatch to aid nuclear power stations in avoiding power turndowns by providing an alternate disposition for electrical energy by producing marketable products (e.g., liquid nitrogen, hydrogen, or captured CO2). Static conditions were chosen and analyzed in this report for each option. Dynamic operation or optimization of energy arbitrage or demand response are out of scope for this report. The analysis is based on storage systems with discharge capacities of 500 MW for which various durations of storage and costs of charging (electricity cost) are examined. While the value of thermal energy to an industrial user for flexible plant operations has been previously proven as a business case, this report evaluates costs of hydrogen energy storage and leading thermal energy storage options, and large demand response loads that could be integrated with LWRs in comparison to utility-scale battery storage for use of off-peak nuclear energy. Compilation of this information will be used by the Idaho National Laboratory (INL) RAVEN/HERON systems integration and economics tool to evaluate thermal energy dispatch to industrial users. Relative ranking of energy storage options was done using a levelized cost of storage (LCOS) metric which calculates a rough breakeven cost for the system, taking into account the capital and operating costs as well as the revenue from arbitrage. Table ES1 below shows the LCOS for each of the energy storage options considered. First, in the table, lithium iron (Fe) phosphate batteries are listed as the base case for comparison against the other options. Next is hydrogen storage where most of the hydrogen analyses assumed the hydrogen to be produced using solid oxide electrolytic cell (SOEC) high temperature steam electrolysis (HTSE). The others used existing models of polymer electrolyte membrane (PEM) low temperature electrolysis to produce hydrogen. HTSE performance parameters and costs were taken from existing INL models. Various means were assumed to convert the hydrogen to electricity, including PEM fuel cells (FCs) and a gas turbine mixed in a 30 vol% mixture with natural gas. Physical storage (pressure vessels) and geological storage (natural underground features) were used to store the hydrogen as noted. Geological storage is more economical, but the locations are limited because of the requirement for pre-existing geological formations that will support storage. Thermal energy storage (TES) options were also analyzed including electro-thermal energy storage (ETES) and four different liquid sensible heat TES storage media as noted (Hitec, Hitec XL, Therminol-66, and Dowtherm A). The ETES process considered was modified using existing public documentation on an Echogen process and uses a separate supercritical CO2 charge and discharge cycle with sand as the heat storage media.

25 ENERGY STORAGE↗

Artificial ground reflector size and position effects on energy yield and economics of single‐axis‐tracked bifacial photovoltaics

Abstract Artificial ground reflectors improve bifacial energy yield by increasing both front and rear‐incident irradiance. Studies have demonstrated an increase in energy yield due to the addition of artificial reflectors; however, they have not addressed the effect of varying reflector dimensions and placement on system performance and the impact of these parameters on the reflectors' financial viability. We studied the effect of high albedo (70% reflective) artificial reflectors on single‐axis‐tracked bifacial photovoltaic systems through ray‐trace modeling and field measurements. In the field, we tested a range of reflector configurations by varying reflector size and placement and demonstrated that reflectors increased daily energy yield up to 6.2% relative to natural albedo for PERC modules. To confirm the accuracy of our model, we compared modeled and measured power and found a root mean square error (RMSE) of 5.4% on an hourly basis. We modeled a typical meteorological year in Golden, Colorado, to demonstrate the effects of artificial reflectors under a wide range of operating conditions. Seventy percent reflective material can increase total incident irradiance by 1.9%–8.6% and total energy yield by 0.9%–4.5% annually after clipping is considered with a DC–AC ratio of 1.2. Clipping has a significant effect on reflector impact and must be included when assessing reflector viability because it reduces reflector energy gain. We calculated a maximum viable cost for these improvements of up to $2.50–4.60/m 2 , including both material and installation, in Golden. We expanded our analysis to cover a latitude range of 32–48°N and demonstrated that higher‐latitude installations with lower energy yield and higher diffuse irradiance content can support higher reflector costs. In both modeling and field tests, and for all locations, the ideal placement of the reflectors was found to be directly underneath the module due to the optimized rear irradiance increase.

14 SOLAR ENERGY↗

The Critical Role Of Conversion Cost And Comparative Advantage In Modeling Agricultural Land Use Change

The difference in land use modeling approaches is an important uncertain factor in evaluating future climate scenarios in global economic models. We compare five widely used land use modeling approaches: constrained optimization, constant elasticity of transformation (CET), the additive form of constant elasticity of transformation (ACET), logit, and Ricardian. We demonstrate that the approaches differ not only by the extent of parameter uses but also by the definition of conversion cost and the consideration of comparative advantage implied by land heterogeneity. We develop a generalized hybrid approach that incorporates ACET/logit and Ricardian to account for both conversion cost and comparative advantage. We use this hybrid approach to estimate future climate impacts on agriculture. We find a welfare loss of about 0.38–0.46% of the global GDP. We demonstrate that ignoring land heterogeneity or land conversion costs underestimates climate impacts on agricultural production and welfare.

54 ENVIRONMENTAL SCIENCES↗

Technoeconomic Benefits of Film-Forming Amine Products Applied to Steam Surface Condensers

In a conventional Rankine cycle, the majority of power plants employ surface condensers that use pumped cooling water to reject heat from the cycle. In such cases, heat rejection occurs in a shell and tube heat exchanger by film-wise condensation of low-pressure steam on stainless steel, titanium, brass, or copper-nickel tubing. To improve the thermal performance of steam surface condensers, a replenishable film-forming substance (FFS) can be ap-plied to the condenser tubing to promote efficient dropwise condensation. Conventionally, film-forming amine prod-uct (FFAP) coatings protect boiler surfaces from oxidative corrosion, which substantially reduces the operation and maintenance costs. To quantify the technical and economic benefits of FFAP coatings applied to condenser tubing due to the promotion of dropwise condensation, a thermal resistance network model was established. Using a rep-resentative steam surface condenser, the improvements in thermal performance (overall heat transfer coefficient) and process parameters (net plant efficiency, cooling water flowrate, and turbine backpressure) were determined due to the enhancement in the condensation heat transfer coefficient. Experimentally measured condensation heat transfer coefficients for common condenser materials were compared with the modeling results and were found to be within attainable bounds. Lastly, the trend in total heat exchanger cost reduction is generalized to understand the trade-off between reduced surface area for heat rejection and increase in coating application costs for a re-plenishable coating system.

20 FOSSIL-FUELED POWER PLANTS↗

GEESS as a Mechanism to Facilitate the Commercialization of Geologic Carbon Sequestration

It is a presentation on the Geoanalytical Economic Evaluation of Saline Storage (GEESS) project. The GEESS project objectives are to characterize in detail geologic saline formations targeted for geologic carbon sequestration (GCS) using publicly available datasets and create high spatial resolution datasets (up to 5 km grid) of geologic parameters. The presentation aims to provide a comprehensive list of references used to characterize each geologic formation evaluated so far.

Eppink, Jeffrey↗

Optimization of Water-Alternating-CO2 Injection Field Operations Using a Machine-Learning-Assisted Workflow

Summary This paper will present a robust workflow to address multiobjective optimization (MOO) of carbon dioxide (CO2)-enhanced oil recovery (EOR)-sequestration projects with a large number of operational control parameters. Farnsworth unit (FWU) field, a mature oil reservoir undergoing CO2 alternating water injection (CO2-WAG) EOR, will be used as a field case to validate the proposed optimization protocol. The expected outcome of this work would be a repository of Pareto-optimal solutions of multiple objective functions, including oil recovery, carbon storage volume, and project economics. FWU’s numerical model is used to demonstrate the proposed optimization workflow. Because using MOO requires computationally intensive procedures, machine-learning-based proxies are introduced to substitute for the high-fidelity model, thus reducing the total computation overhead. The vector machine regression combined with the Gaussian kernel (Gaussian-SVR) is used to construct proxies. An iterative self-adjusting process prepares the training knowledge base to develop robust proxies and minimizes computational time. The proxies’ hyperparameters will be optimally designed using Bayesian optimization to achieve better generalization performance. Trained proxies will be coupled with multiobjective particle swarm Optimization (MOPSO) protocol to construct the Pareto-front solution repository. The outcomes of this workflow will be a repository containing Pareto-optimal solutions of multiple objectives considered in the CO2-WAG project. The proposed optimization workflow will be compared with another established methodology using a multilayer neural network (MLNN) to validate its feasibility in handling MOO with a large number of parameters to control. Optimization parameters used include operational variables that might be used to control the CO2-WAG process, such as the duration of the water/gas injection period, producer bottomhole pressure (BHP) control, and water injection rate of each well included in the numerical model. It is proved that the workflow coupling Gaussian-SVR proxies and the iterative self-adjusting protocol is more computationally efficient. The MOO process is made more rapid by squeezing the size of the required training knowledge base while maintaining the high accuracy of the optimized results. The outcomes of the optimization study show promising results in successfully establishing the solution repository considering multiple objective functions. Results are also verified by validating the Pareto fronts with simulation results using obtained optimized control parameters. The outcome from this work could provide field operators an opportunity to design a CO2-WAG project using as many inputs as possible from the reservoir models. The proposed work introduces a novel concept that couples Gaussian-SVR proxies with a self-adjusting protocol to increase the computational efficiency of the proposed workflow and to guarantee the high accuracy of the obtained optimized results. More importantly, the workflow can optimize a large number of control parameters used in a complex CO2-WAG process, which greatly extends its utility in solving large-scale MOO problems in various projects with similar desired outcomes.

Energy & Fuels↗

Enhanced joining strength in additive-manufactured polylactic-acid structures fused by embedded heated metallic meshes

Additively manufactured thermoplastic polymers, such as polylactic acid (PLA), hold significant promise for sustainable engineering structures, including wind turbine blades. Upscaling these structures beyond the limitations of 3D printer build volumes is a challenge; fusion joining presents a potential solution. This paper introduces a displacement-controlled resistance welding process for PLA, as an alternative to the typical force-controlled methods. Here, we investigated the bonding quality of resistance-welded and adhesive-bonded PLA beams through three-point bending and measured the surface deformations using digital image correlation. Different metal meshes (30%/0.11 mm Ni—Cu, 34%/0.07 mm Ni—Cu, and 36%/0.25 mm Co—Ni) served as heating elements. The process parameters were varied for the 34%/0.07 mm Ni—Cu mesh to identify an optimum set of parameters. Results showed that this optimized displacement-controlled welding achieved 94% of the original strength of monolithic samples. This indicates that the new welding process not only ensures high-quality bonding and fine surface finishing but also promotes sustainability, recyclability, and economic efficiency in various polymer and composite structural applications.

Additive manufacturing↗

Data from Biodiesel Production from Engineered Sugarcane Lipids under Uncertain Feedstock Compositions: Process Design and Techno-Economic Analysis

In this study, different process schemes were designed and evaluated for biodiesel production from engineered cane lipids with uncertain fatty acid compositions. Four different process schemes were compared under (i) thermal glycerolysis and (ii) enzymatic glycerolysis approaches. These schemes were based on the biodiesel yield and economic indicators such as the net present value (NPV) and the minimum selling price (MSP) of biodiesel. A scheme with polar lipid separation under thermal glycerolysis resulted in the maximum NPV ($96.5 million) and minimum MSP ($1107/ton biodiesel), respectively. Through local sensitivity analysis, it was concluded that the cane lipid percentage is the most significant factor influencing process economics. A conjoint analysis of the lipid procurement price and cane lipid percent suggested that 15% cane lipids with a low lipid procurement price ($0.536/kg) results in a positive NPV. When the cane lipid price is higher (>$0.80/kg), a 20% lipid content should be considered to achieve a positive NPV. At 20% cane lipids, the worst-case and best-case scenarios were evaluated by analyzing the interplay of the three most important parameters, The best-case scenario revealed that the minimum NPV under any process scheme could yield more than $100 million (or MSP: $0.80/L), and the worst-case analysis showed that losses incurred by the plant could be as high as $80 million (MSP: $1.36/L). A Monte Carlo simulation indicated that there is a 70% chance of the plant being profitable (NPV > 0).

Conversion↗