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BioResources
Badger, P., Badger, S., Puettmann, M., Steele, P., and Cooper, J. (2011). "Techno-economic analysis: Preliminary assessment of pyrolysis oil production costs and material energy balance associated with a transportable fast pyrolysis system," BioRes. 6(1), 34-47.

Abstract

A techno-economic analysis was performed for a 100 dry-ton/day (90,719 kg/day) fast pyrolysis transportable plant. Renewable Oil International® LLC provided the life cycle cost of operating a 100 dry-ton/day fast pyrolysis system using southern pine wood chips as feedstock. Since data was not available from an actual large-scale plant, the study examined data obtained from an actual 15 dry-ton/day pilot plant and from several smaller plants. These data were used to obtain base figures to aid in the development of models to generate scaled-up costs for a larger 100 dry-ton/day facility. Bio-oil represented 60% of mass of product yield. The cost for the bio-oil from fast pyrolysis was valued at $0.94/gal. Energy cost bio-oil and char was valued at $6.35/MMBTU. Costs associated with purchasing feedstocks can drastically influence the final cost of the bio-oil. The assumed cost of feedstocks was $25/wet ton or $50/dry ton. This paper is part of a larger study investigating the economic and environmental impacts for producing bio-oil / biocide wood preservatives.
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