Technoeconomic and Policy Analysis for Corn Stover Biofuels

Table 15

Case 8.

	Economic			Financial
	NPV	IRR (nominal)	𝐵/𝐶	NPV	IRR (nominal)	𝐵/𝐶
Expected value	$88,193,806	12.8%	1.26	$83,474,418	14.3%	1.44
Standard deviation	$101,965,463	3.2%	0.30	$77,349,466	3.9%	0.41
Max	$439,114,508	22.1%	2.29	$351,062,589	26.0%	2.84
Min	($269,840,864)	−5.9%	0.21	($191,571,723)	−11.1%	0.00
Probability of loss	19.3%			14.3%