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Jinzhuo Wu

Economic Analysis Models for Woody Biomass to Biofuels


Modeling and Optimization Approach
2013. 136 S. 220 mm
Verlag/Jahr: SCHOLAR´S PRESS 2013
ISBN: 3-639-70067-8 (3639700678)
Neue ISBN: 978-3-639-70067-1 (9783639700671)

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Concerns about volatile crude oil prices, energy security, and environmental issues are driving the production and use of renewable energy in the United States. Woody biomass can be used as feedstock for solid or liquid fuels or electricity generation. This book, therefore, provides economic analysis models for woody biomass to biofuels to minimize the delivered cost and maximize the net present value. At first, an economic analysis model to estimate the delivered cost of woody biomass using different woody biomass handling systems was developed in the book. The model was designed to minimize the total annual delivered cost of woody biomass and applied to the central Appalachian region. Secondly, the economic feasibility of a woody biomass-based ethanol facility was analyzed using a mixed integer programming model. The model is designed to maximize the net present value (NPV) of a facility over its economic life. At last, a multi-equation model was developed to assess the economics of a coal/biomass-to-liquids (CBTL) fuel plant in West Virginia. This book will be of interest to forest landowners, sawmill managers, and students and researchers in woody biomass processing.
Jinzhuo Wu earned a B.E. degree and a M.S. degree in Forest Engineering from Northeast Forestry University, Harbin, P. R. China in 2003 and 2005, respectively. In 2010, she received a Ph.D. degree in Forest Resources Science from West Virginia University, USA. Currently, she is an associate professor at Northeast Forestry University, Harbin, China