EconPapers    
Economics at your fingertips  
 

Low-carbon “drop-in replacement” transportation fuels from non-food biomass and natural gas

Anna K. Hailey, Johannes C. Meerman, Eric D. Larson and Yueh-Lin Loo

Applied Energy, 2016, vol. 183, issue C, 1722-1730

Abstract: We assessed the technical and economic viability of small-scale plants producing “drop-in replacement” transportation fuels from non-food biomass and capturing and storing byproduct CO2 in spent shale-gas wells. Additional designs considered co-processing of natural gas — the least carbon-intensive fossil fuel — to increase liquid-fuel yields and plant efficiency, with some penalty in greenhouse gas (GHG) emissions footprint. For fuels from first-of-a-kind facilities to be cost-competitive with petroleum-derived fuels when crude oil costs $100/bbl, an effective GHG emissions price in excess of $250/tCO2,eq would be required. If lower production costs are achieved in successive facilities via innovation and experience, fuels from future plants may become cost-competitive at crude oil prices as low as $85/bbl in the absence of any GHG emissions price, and at $50/bbl with a GHG emissions price of $135/tCO2,eq, which the Intergovernmental Panel on Climate Change suggests is an emissions price level needed before 2050 to induce the emissions reductions needed to limit global warming to 2°C.

Keywords: Biofuels; Natural gas; Carbon capture; Shale CO2 storage; Process design; Economics (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0306261916313708
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:appene:v:183:y:2016:i:c:p:1722-1730

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/bibliographic
http://www.elsevier. ... 405891/bibliographic

DOI: 10.1016/j.apenergy.2016.09.068

Access Statistics for this article

Applied Energy is currently edited by J. Yan

More articles in Applied Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:appene:v:183:y:2016:i:c:p:1722-1730