Stochastic techno-economic analysis of the production of aviation biofuel from oilseeds

  title={Stochastic techno-economic analysis of the production of aviation biofuel from oilseeds},
  author={Ana Paula Mendonça de Jesus Diniz and Richard W. Sargeant and Graeme J. Millar},
  journal={Biotechnology for Biofuels},
BackgroundThe economic viability of hydrodeoxygenation process using Camelina, Carinata and Jatropha feedstocks for aviation biofuel production was evaluated for two product profiles: (i) maximum diesel production and (ii) maximum jet fuel production (HRJ).ResultsDeterministic analysis of Camelina and Carinata diesel facilities returned positive NPVs and IRRs of 25 and 18%, respectively. Stochastic analysis suggested that the probabilities of positive NPVs were 75, 59 and 15%, respectively, for… 

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