Research Article
Technoeconomic and Policy Analysis for Corn Stover Biofuels
Table 1
Economic assumptions.
| Parameter | Input value | Units | Source |
| Real discount rate | 10% | % | [6] | Nominal interest rate | 7.5% | % | [6] | 10 year depreciation | 200% | % | [14] | Plant depreciable life | 7 | yrs | [14] | Equity | 50% | % | [6] | Financing | 50% | % | [6] | Loan term | 10 | yrs | [6] | Construction time | 3 | yrs | [14] | % spent in year 1 | 8% | % | [14] | % spent in year 2 | 60% | % | [14] | % spent in year 3 | 32% | % | [14] | Income taxes | 35% | % | [14] |
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