Technoeconomic Analysis of Multiple-Stream Ethanol
and Lignin Production from Lignocellulosic Biomass: Insights into
the Chemical Selection and Process Integration
Technoeconomic analysis of multiple-stream
lignin and ethanol production
from 100 Mt/h of industrial hemp biomass is conducted based on three
scenarios: I, H2SO4 pretreatment and NaOH neutralization;
II, parallel HOAc and NaOH pretreatments, solid separation, and liquid
integration; and III, parallel H2SO4 and NaOH
pretreatments, solid separation, and liquid integration. The technical
and economic advantages and disadvantages of the three processing
scenarios with different production technologies are discussed. A
discounted cash flow rate of return assessment is executed to ascertain
the ethanol minimum selling price (MSP). The chemical reagent used
for pretreatment is found to have a significant impact on economic
aspects with an annual operating cost of 628.34millionforscenarioII,whichisstrikinglyhigherthan367.97 million for scenario I
and 347.86millionforscenarioIII.Theadvantageofthelargestligninandethanoloutputwithatotalrevenueof190.53 million
annually for scenario II is offset by its high total capital investment
and operating cost. Scenario III reaches the lowest ethanol MSP of
6.16/galcomparedto9.04/gal from scenario I and $10.26/gal from
scenario II, indicating that parallel H2SO4 and
NaOH pretreatments with subsequent integration are more efficient
than a single H2SO4 pretreatment. Sensitivity
analyses identify biomass and reagent costs and glucose-to-ethanol
yield as the dominant contributors to the ethanol MSP. Although the
present biorefineries are not profitable yet, this study might provide
new perspectives for biomass valorization in terms of chemical selection
and engineering design