Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel
Green Car Congress
JUNE 5, 2012
The break-even crude oil price for a delivered biomass cost of $94/metric ton when hydrogen is derived from coal, natural gas or nuclear energy ranges from $103 to $116/bbl for no carbon tax and even lower ($99–$111/bbl) for the carbon tax scenarios. Their analysis is published in the journal Biomass Conversion and Biorefinery.
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