Biofuels market studies are useful in many ways. Let’s start at the beginning. Biofuels are fuels produced from renewable organic material, commonly referred to as biomass which includes plant materials, crops and animal waste. Secondary biofuels include transportation biofuels such as ethanol and biodiesel. Biofuels are substitutes for conventional fossil fuels, such as petroleum, propane,…
Carbon black oil is the primary feedstock used to produce carbon black an essential industrial chemical that imparts special properties to finished goods. The carbon black market is dominated by a handful of multi-national producers utilizing residual fuel oil as the carbon source. Carbon black is composed of nucleated clusters of elemental carbon adding color,…
As bunker fuel oil is the primary fuel used by the marine shipping industry to power their ships and move cargo and people around the globe, bunker fuel market studies are of particular importance to many. Biobased bunker fuel is a rapidly emerging alternative to fossil oil fuels. The bunker fuel market is currently dominated…
Congress created the Renewable Fuel Standards (RFS) Program to reduce greenhouse gas emissions and expand the nation’s renewable fuels sector while reducing reliance on imported oil. This program was authorized under the Energy Policy Act of 2005 (RFS) and expanded under the Energy Independence and Security Act of 2007 (RFS2). The U.S. Environmental Protection Agency…
What is the “Bioeconomy”? Bioeconomy is defined as the knowledge-based production and utilization of biological resources, biological processes and principles to sustainably provide goods and services across all economic sectors. It involves using renewable biological resources sustainably to produce food, energy and industrial goods, and exploits the untapped potential stored within millions of tons of…
This is a PPT by Lee Enterprises Consulting Expert, Chris Burk, P.E.,.covering the basics of techno economic analysis, including the challenges of bringing projects to market, mitigating risk and process optimization.For another PPT by this author see Techno Economic Analysis for Project Developers.
This is a PPT by Lee Enterprises Consulting Expert, Chris Burk, P.E., M.Eng. covering the uses of techno-economic modeling by those investing in renewable energy projects, including assessment of profitability and renewable energy project risk, Monte Carlo analysis, Tornado analysis, and identifying and tracking key variables.
This is a PPT by Lee Enterprises Consulting Expert, Chris Burk, P.E., M.Eng. covering the uses of techno-economic modeling by those developing renewable energy projects, including how to make meaningful predictions, demonstrating economic value, presenting design, research and development, and lab findings, and when to begin TEA. For another good PPT on conducting due diligence…