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Assessment of Conversion Technologies for Bioalcohol Fuel ...

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total life cycle assessment (LCA) or systems analysis compared to current production<br />

technologies. A summary <strong>of</strong> environmental assessment ratings is as follows:<br />

Excellent<br />

Minimal or no environmental impact is anticipated.<br />

Good<br />

There will be a modest increase in emissions, which will be within the limits <strong>of</strong><br />

the current EPA and other required environmental permits.<br />

Fair<br />

There will be a moderate increase in emissions. However, this increase will<br />

be acceptable to applicable regulatory agencies (such as EPA or state/local air<br />

quality districts) after approval <strong>of</strong> the required environmental permits.<br />

Not Acceptable<br />

There will be a significant increase in emissions at levels that are not<br />

acceptable to the EPA and local community. Securing required environmental<br />

permits will be difficult to impossible.<br />

Economic Viability (E4)<br />

E4 determines the cost <strong>of</strong> fuel production ($/gallon or $/MMBTU), electricity production<br />

($/kWh or $/MMBTU) and amortized costs ($/Yr) <strong>for</strong> the candidate technologies. This<br />

fuel and energy production cost can be compared to the current, average wholesale<br />

rate <strong>of</strong> fuel and electricity production from conventional processes. Subsidies are not<br />

considered in these economic assessments. These cost estimates can also be used<br />

to predict the Return on Investment (ROI) <strong>for</strong> a production plant. Such ROI estimates<br />

can be compared with past, current and projected market data <strong>for</strong> ethanol produced<br />

from current production processes. The criteria <strong>for</strong> ROI ratings are summarized as<br />

follows:<br />

Excellent: >30%<br />

Good: 18% to 30%<br />

Fair: 10% to 18%<br />

Not Acceptable:

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