Using agricultural residues, such as corn stover, as feedstocks for liquid fuel or electricity generation has the potential to offset anthropogenic climate impacts associated with conventional utilities and transportation fuels. In this paper, the environmental and economic costs and benefits associated with the usage of corn stover for different applications are calculated. Combined heat and power (CHP), ethanol, FischerTropsch (FT) middle distillate (MD) fuels (i.e. diesel and jet), and advanced fermentation (AF) MD fuels are considered. The net societal costs or benefits of different corn stover usages are calculated as the difference between the sum of monetized greenhouse gas (GHG) emissions and the supply costs of a certain corn stover usage, and the sum of these metrics for the conventional commodity that is assumed to be displaced by the renewable alternative. Uncertainty associated with the analysis is captured using a Monte Carlo approach.It is found that corn stover derived electricity and fuels, compared to their conventional counterparts, reduce GHG emissions by 21-92%. The mean reduction for electricity in a CHP plant is 89% compared to the US gridaverage, 70% for corn stover ethanol compared to conventional US gasoline and 85% and 55% for FT MD and AF MD compared to conventional US MD, respectively. Mean supply costs for corn stover-derived utilities and liquid fuels are B9% and B1% lower than the conventional counterparts for electricity and FT MD, respectively, and B45% and B300% higher for ethanol and AF MD, respectively. Using corn stover for CHP yields a net mean societal benefit of $131.23 per t of corn stover, which decreases by two-thirds if only electricity is produced, while FT MD production presents a mean societal benefit of $27.70 per t of corn stover. Using corn stover for ethanol and AF MD results in a mean societal cost of $24.86 per t and $121.81 per t of corn stover use, respectively, driven by higher supply costs compared to their conventional counterparts.
Broader contextBiomass can be used for different purposes such as the production of transportation fuels or electricity and heat. Given this choice, a key question from a societal perspective is to determine the environmentally and economically optimal use of the resource. Our analysis quantifies the societal benefit of different possible bioenergy-related uses of corn stover, which is the largest source of agricultural residue in the United States and one that is currently largely left unutilized. We find a net greenhouse gas (GHG) emissions benefit from using corn stover derived transportation fuels compared to fossil transportation fuels. We also find that the GHG emissions benefit of corn stover derived electricity and heat is significantly larger than that of corn stover transportation fuels. This is because of the relative ease of corn stover conversion into electricity and heat, and relatively high GHG emissions of current grid electricity in the US. When factoring in differences in production costs, we find that for so...