While theoretically more efficient than starch-based ethanol production systems, conversion of lignocellulosic biomass … to ethanol is not without major challenges. A multi-region, multi-period, mixed integer mathematical programming model … price of ethanol, for a gasification-fermentation process. Given base assumptions, gasification-fermentation of …

such as ethanol blends. The main result of the paper is that given the historical price patterns of conventional gasoline … and ethanol, switching to ethanol blends is an economically sound decision provided this does not decrease efficiency of …

spillovers to both corn and ethanol markets are somewhat similar in timing and magnitude, but moderately stronger to the ethanol … market. The shares of corn and ethanol price variability directly attributed to volatility in the crude oil market are …. Volatility transmission is also found from the corn to the ethanol market, but not the opposite. The findings provide insights …

-based ethanol facility in the central Appalachian hardwood region. The model maximizes the net present value (NPV) of a facility … scenario. Average ethanol production costs were approximately $2.02 to $2.08 per gallon. Production costs were most impacted by … biomass availability, mill residue purchase price, plant investment and capacity, ethanol yield, and financing. Findings …