Search results for "biofuel"
showing 2 items of 142 documents
Effects of integrating a bioethanol production process to a kraft pulp mill
2010
Abstract The integration of an ethanol production process based on prehydrolysis of softwood chips to a kraft pulp mill is discussed. A simulation model of this biorefinery has been created with WinGEMS simulation software to calculate the mass and energy balances of the biorefinery and to examine the effects of the integration on the operation of the pulp mill. Integrating the prehydrolysis process to the modeled pulp mill producing 1000 Adt/day of pine pulp would increase the wood consumption by 16%. With the increased wood consumption, 40 t/day of ethanol could be produced, and the excess power production could be increased by 460 MWh/day. The integration of the ethanol production proces…
Does corn market uncertainty impact the US ethanol prices?
2018
The growing interest in biofuel as a green energy source has intensified the linkages between corn and ethanol markets, especially in the United States that represents the largest producing and exporting country for ethanol in the world. In this study, we examine the effect of corn market uncertainty on the price changes of US ethanol applying a set of GARCH-jump models. We find that the US ethanol price changes react positively to the corn market volatility shocks after controlling for the effect of oil price uncertainty. In addition, we document that the impact of corn price volatility on the US ethanol prices appears to be asymmetric. Specifically, only the positive corn market volatilit…