Research Article
Technoeconomic and Policy Analysis for Corn Stover Biofuels
Table 2
Technical assumptions.
| Parameter | Input value | Units | Source |
| Working capital | 15% | % | [6] | Project contingency | $61,490,157 | $ | Calculated from data in [14] | Working capital expenditure | $55,341,142 | $ | Calculated from data in [14] | Total capital investment | $429,000,000 | $ | [6] | Land | $4,717,915 | $ | Calculated from data in [14] | Nominal fixed capital Investment | $394,799,061 | $ | Calculated from data in [14] | Plant operation/online time | 329.5 | days/yr | Calculated from data in [6] | Startup production rate | 75% | % | [14] | Startup variable expense | 87.5% | % | [14] | Input capacity | 2,000 | MT/day | [6] | Annual feedstock use | 659,000 | MT/yr | [6] | Bio-oil yield | 63.00% | Mg/Mg | [6] | Gas conversion rate | 21.0% | Mg/Mg bio-oil | [14] | Diesel conversion rate | 21.0% | Mg/Mg bio-oil | [14] | Feedstock cost | 83 | $/MT | [6] | Catalyst replacement costs | 1,767,000 | $/yr | [14] | Electricity produced | 223,000,000 | kwh/yr | [6] | Electricity use | 11,490 | kw/hour | [14] | Electricity price | $0.0540 | $/kwh | [14] | Hydrogen use | 2,041 | kg/hour | [14] | Hydrogen price | $1.33 | $/kg | [6] |
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