“…Four possible revenue sources have been considered for comparative purposes: directly selling reeds ($70 per t), 95,96 biorefinery for bioethanol production ($420-1000 per t), 96,97 biorefinery for cellulose pulp production ($450-900 per t), 96,98 and production of reed pellets for fuel use ($140 per t). 95,99 All revenue options are heavily dependent on the achievable profit margin, which will vary with the scale of operation. As a result, thorough analysis into the process economics of each route and market size is required, which has been considered beyond the scope of this study.…”