Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel
Green Car Congress
JUNE 5, 2012
The Purdue University-developed fast-hydropyrolysis-hydrodeoxygenation process for creating biofuels—H 2 Bioil ( earlier post )—could be cost-competitive when crude oil prices range from $99 to $116 per barrel, depending upon the source of hydrogen, the cost of biomass and the presence or absence of a federal carbon tax, according to a new study by the Purdue team. Their analysis is published in the journal Biomass Conversion and Biorefinery.