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]