| Production of biomass from native prairie species offers the opportunity to produce energy and chemicals while providing substantial ecological services in the Northern Great Plains. This paper analyzes the application of rapid pyrolysis to produce bio-oil, which has the potential for use as a low-grade fuel oil or as a source for extraction of valuable chemicals. Yields of bio-oil, the quantities of extractable chemicals, and chemical prices drive the economics of this concept, which has a more extensive track record utilizing wood chips. A spreadsheet model was developed to determine gross margins available to defray costs to extract and refine such chemical products as hydroxyacetaldehyde, phenol, formic acid, acetic acid and various resins.... |
