@article{34530,
  keywords = {bioenergy, Biofuels},
  author = {Corinne D Scown and Nawa Raj Baral and Minliang Yang and Nemi Vora and Tyler Huntington},
  title = {Technoeconomic analysis for biofuels and bioproducts},
  abstract = {<p>Technoeconomic analysis (TEA) is an approach for conducting process design and simulation, informed by empirical data, to estimate capital costs, operating costs, mass balances, and energy balances for a commercial scale biorefinery. TEA serves as a useful method to screen potential research priorities, identify cost bottlenecks at the earliest stages of research, and provide the mass and energy data needed to conduct life-cycle environmental assessments. Recent studies have produced new tools and methods to enable faster iteration on potential designs, more robust uncertainty analysis, and greater accessibility through the use of open-source platforms. There is also a trend toward more expansive system boundaries to incorporate the impact of policy incentives, use-phase performance differences, and potential impacts on global market supply.</p>},
  year = {2021},
  journal = {Current Opinion in Biotechnology},
  volume = {67},
  pages = {58-64},
  month = {02/2021},
  url = {https://doi.org/10.1016/j.copbio.2021.01.002},
  language = {eng},
}