This chapter focuses on techno-economic assessments of biobased products from fermentation and fast pyrolysis. We briefly describe underlying methodologies and summarizea number of literature studies dealing with conversion pathways using fermentation and fast pyrolysis. However, data are limited on the techno-economic evaluation of innovative biorefinery processes. We identify methodological challenges for techno-economic assessment of biofuels and biobased chemicals and describe limits of comparing results from different studies. We depict the lessons learned from lignocellulosic ethanol and show examples of biobased chemicals and bio-oil that are already produced at large scale. In the longterm, biobased chemicals and biofuels must compete on cost and performance with petrochemicals and petroleum fuels, however at present biofuels and biobased chemicals derived from lignocellulosic biomass are hardly cost-competitive.
|Title of host publication||Developing the Global Bioeconomy: Technical, Market, and Environmental Lessons from Bioenergy|
|Publication status||Published - 3 May 2016|
All Science Journal Classification (ASJC) codes
Stichnothe, H., Meier, D., & de Bari, I. (2016). Biorefineries: Industry Status and Economics. In Developing the Global Bioeconomy: Technical, Market, and Environmental Lessons from Bioenergy Elsevier Inc.. https://doi.org/10.1016/B978-0-12-805165-8.00003-3