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Techno-Economic Analysis for Evaluating Biorefinery Strategies

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Biomass Utilization: Conversion Strategies

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Abstract

Advanced biorefineries aiming to utilize all major components of biomass to produce a wide spectrum of bioproducts and fuel are seen to play a key role in implementing a biobased economy. However, due to the low technology readiness levels, it is critical to assess the commercial feasibility and economic competitiveness of these biorefinery approaches using techno-economic analysis (TEA) before making investment decisions and policy regulations. This chapter discusses the basic concepts of TEA and summarizes the studies on various advanced biorefinery concepts. Focus is given on three approaches: (i) biorefineries processing cellulosic feedstocks where sugars are converted to biofuel and part of the lignin is converted to fuel or high-value biochemical products, (ii) biorefineries converting hexose sugars to biofuel and pentose sugars to high-value chemicals, and (iii) biorefineries processing engineered lipid-producing energy crops.

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Author information

Authors and Affiliations

  1. Department of Chemical Engineering, State University of New York College of Environmental Science and Forestry, Syracuse, NY, 13210, USA

    Deepak Kumar

  2. Department of Sustainable Resource Management, State University of New York College of Environmental Science and Forestry, Syracuse, NY, 13210, USA

    Tristan Brown

  3. Department of Biological Engineering, College of Engineering, Konkuk University, Seoul, 05029, Republic of Korea

    Shashi Kant Bhatia

  4. School of Water, Energy and EnvironmentCentre for Climate and Environmental Protection, Cranfield University, Cranfield, MK43 0AL, UK

    Vinod Kumar

Authors
  1. Deepak Kumar
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  2. Tristan Brown
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  3. Shashi Kant Bhatia
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  4. Vinod Kumar
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Corresponding author

Correspondence to Deepak Kumar .

Editor information

Editors and Affiliations

  1. United States Department of Agriculture, Eastern Regional Research Center, Agricultural Research Service, Wyndmoor, PA, USA

    Nhuan Phu Nghiem

  2. Department of Materials Science and Chemical Engineering, Hanyang University ERICA, Sangnok-gu, Ansan-si, Gyeonggi-do, Korea (Republic of)

    Tae Hyun Kim

  3. Department of Chemical Engineering, SUNY College of Environmental Science and Forestry, Syracuse, NY, USA

    Chang Geun Yoo

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Kumar, D., Brown, T., Kant Bhatia, S., Kumar, V. (2022). Techno-Economic Analysis for Evaluating Biorefinery Strategies. In: Nghiem, N.P., Kim, T.H., Yoo, C.G. (eds) Biomass Utilization: Conversion Strategies. Springer, Cham. https://doi.org/10.1007/978-3-031-05835-6_9

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