2010
DOI: 10.1016/j.jenvman.2010.07.022
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Economic assessment of flash co-pyrolysis of short rotation coppice and biopolymer waste streams

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Cited by 60 publications
(22 citation statements)
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“…Uncertainty analyses of cellulosic thermochemical biorefineries in the open literature employ both triangular and normal distributions to model TCI uncertainty. In the case of triangular distributions, the deterministic point estimate TCI calculated by the TEA serves as the most likely value while the minimum and maximum values are derived from the expected accuracy range of the capital cost estimation methodology (generally ±30%), resulting in distributions that are both symmetrical and unbiased.…”
Section: Capital Cost Uncertainty Analysesmentioning
confidence: 99%
“…Uncertainty analyses of cellulosic thermochemical biorefineries in the open literature employ both triangular and normal distributions to model TCI uncertainty. In the case of triangular distributions, the deterministic point estimate TCI calculated by the TEA serves as the most likely value while the minimum and maximum values are derived from the expected accuracy range of the capital cost estimation methodology (generally ±30%), resulting in distributions that are both symmetrical and unbiased.…”
Section: Capital Cost Uncertainty Analysesmentioning
confidence: 99%
“…According to [14] the NPV is the best criterion for selecting or rejecting an investment, either industrial or financial. By using the NPV the expected profit is estimated using today's value of current and future cash flows generated by the AC production plant during a certain time period using a predetermined discount rate [15]. The NPV formula is given in Eq.…”
Section: Economical Feasibility Modelmentioning
confidence: 99%
“…With: T -life span of the reactor (20years [15][16][17]), I 0 -initial total capital investment in year zero, CF n -Cash Flows generated in year n, i -discount rate is set at 9% incorporating the market interest rate and some risk premium [18].…”
Section: Economical Feasibility Modelmentioning
confidence: 99%
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