Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment
In the context of the "dual carbon" goals, exploring the production of bio-gasoline and bio-diesel through a biomass energy and pyrolysis liquefaction production chain holds significant potential. This approach could help alleviate China′s dependence on crude oil imports. Based on the cons...
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| Format: | Article |
| Language: | zho |
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Editorial Office of Energy Environmental Protection
2024-06-01
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| Series: | 能源环境保护 |
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| Online Access: | https://eep1987.com/en/article/4956 |
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| author | JIN Mengyu SONG Yuanbo GU Minyan SI Huiping SHEN Zheng* ZHANG Yalei |
| author_facet | JIN Mengyu SONG Yuanbo GU Minyan SI Huiping SHEN Zheng* ZHANG Yalei |
| author_sort | JIN Mengyu |
| collection | DOAJ |
| description | In the context of the "dual carbon" goals, exploring the production of bio-gasoline and bio-diesel through a biomass energy and pyrolysis liquefaction production chain holds significant potential. This approach could help alleviate China′s dependence on crude oil imports. Based on the construction of a bio-oil plant and its operational lifespan, the static investment payback period is 5.46 years, the dynamic investment payback period is 7.45 years, and the internal rate of return is 17%. The cumulative net present value is 20.21491 million yuan. To ensure profitability, the selling price of bio-diesel should not be lower than 6105.81 yuan per ton (assuming consistent production costs, production capacity, and sales capacity). The project is less sensitive to raw material prices than electricity costs, but requires a production scale greater than 1700 tons for profitability. Bio-oil plants should prioritize reducing energy consumption. An affordable and reliable raw material supply is crucial for the survival, development, and competitiveness of enterprises. |
| format | Article |
| id | doaj-art-62e2b6709ced46c784f3ec136ced6675 |
| institution | OA Journals |
| issn | 2097-4183 |
| language | zho |
| publishDate | 2024-06-01 |
| publisher | Editorial Office of Energy Environmental Protection |
| record_format | Article |
| series | 能源环境保护 |
| spelling | doaj-art-62e2b6709ced46c784f3ec136ced66752025-08-20T01:54:19ZzhoEditorial Office of Energy Environmental Protection能源环境保护2097-41832024-06-0138318419210.20078/j.eep.20231103Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessmentJIN Mengyu0SONG Yuanbo1GU Minyan2SI Huiping3SHEN Zheng* 4ZHANG Yalei5Institute of New Rural Development, Tongji UniversityInstitute of New Rural Development, Tongji UniversityShanghai Municipal Engineering Design and Research Institute Co., Ltd. Institute of New Rural Development, Tongji University Institute of New Rural Development, Tongji University1. Institute of New Rural Development, Tongji University;2. College of Environmental Science and Engineering, Tongji UniversityIn the context of the "dual carbon" goals, exploring the production of bio-gasoline and bio-diesel through a biomass energy and pyrolysis liquefaction production chain holds significant potential. This approach could help alleviate China′s dependence on crude oil imports. Based on the construction of a bio-oil plant and its operational lifespan, the static investment payback period is 5.46 years, the dynamic investment payback period is 7.45 years, and the internal rate of return is 17%. The cumulative net present value is 20.21491 million yuan. To ensure profitability, the selling price of bio-diesel should not be lower than 6105.81 yuan per ton (assuming consistent production costs, production capacity, and sales capacity). The project is less sensitive to raw material prices than electricity costs, but requires a production scale greater than 1700 tons for profitability. Bio-oil plants should prioritize reducing energy consumption. An affordable and reliable raw material supply is crucial for the survival, development, and competitiveness of enterprises.https://eep1987.com/en/article/4956biomasslife cycle assessmentbio-oiltechnical and economic evaluationsensitivity analysis |
| spellingShingle | JIN Mengyu SONG Yuanbo GU Minyan SI Huiping SHEN Zheng* ZHANG Yalei Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment 能源环境保护 biomass life cycle assessment bio-oil technical and economic evaluation sensitivity analysis |
| title | Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| title_full | Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| title_fullStr | Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| title_full_unstemmed | Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| title_short | Economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| title_sort | economic evaluation of biomass pyrolysis liquefaction technology based on life cycle assessment |
| topic | biomass life cycle assessment bio-oil technical and economic evaluation sensitivity analysis |
| url | https://eep1987.com/en/article/4956 |
| work_keys_str_mv | AT jinmengyu economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment AT songyuanbo economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment AT guminyan economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment AT sihuiping economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment AT shenzheng economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment AT zhangyalei economicevaluationofbiomasspyrolysisliquefactiontechnologybasedonlifecycleassessment |