Survival of the fittest: An economic perspective on the production of novel biofuels

Bio-Based Sources for Terephthalic Acid

“…These analyses concluded that the minimum pX selling price was $1.31/ lb. The Gevo process was also evaluated and it was found to require a minimum selling price of $1.58/lb (42,43). These minimum selling prices are significantly higher than the recent selling price of petro-based pX of 55 to 70¢/lb for oil at around $100 per barrel (7).…”

Advanced control with parameter estimation of batch transesterification reactor

“…The batch time is an important parameter of the economic performance of a batch reactor [2]. However, it is neglected in J I .…”

“…Biodiesel can be produced from vegetable oils, such as soy bean oil or palm oil, waste cooking oil, animal fat, as well as algal oil. A drawback is the lack of cost competitiveness against conventional fuels [2]. Therefore, the existing process steps in the production of biodiesel have to be optimized to make biodiesel more cost competitive [3].…”

Renewable fuels from biomass: Technical hurdles and economic assessment of biological routes

“…Microbial systems can selectively convert sugars into intermediates that can be separated and then used in purer form as substrates for chemical catalysis. A hybrid chemical‐biological process could combine the best aspects of both routes, achieving high selectivity for sugars or lignin monomers in the mixed feed while maximizing the conversion rate during catalytic conversion of the intermediate product …”