...
  • 主题
高级搜索  >
历史搜索 清空历史
首页> 外文期刊>Computers & Chemical Engineering >Options analysis for long-term capacity design and operation of a lignocellulosic biomass refinery
【24h】

Options analysis for long-term capacity design and operation of a lignocellulosic biomass refinery

机译：木质纤维素生物质精炼厂长期能力设计和运营的选项分析

获取原文
获取原文并翻译 | 示例
           
页面导航
  • 摘要
  • 著录项
  • 相似文献
  • 相关主题

摘要

The growth of the lignocellulosic fuels has been hindered by technological and market uncertainty. This paper optimizes strategic investment decisions by prospective biobased fuel and chemical enterprises. A real options-based stochastic integer programming model is developed in this paper. We model a hypothetical, vertically integrated lignocellulosic enterprise that produces cellulosic ethanol and biosuccinic acid. Uncertainty is represented in bioproduct demands and prices. Strategic options including investment in research and development, investments in a flexible production platform and deferral of project investment are modeled. A hypothetical market model is also developed to correlate crude oil prices with the evolution of bioproduct markets. The discounted value of equity free cash flows is optimized. The optimal results include multiple capacity design plans based on the long term evolution of bioproduct markets. Monte Carlo simulations are also conducted to quantify the risk adjusted NPV's and returns on investment for the optimal capacity design trajectories.
机译：技术和市场的不确定性阻碍了木质纤维素燃料的增长。本文优化了潜在生物基燃料和化工企业的战略投资决策。本文建立了一个基于实物期权的随机整数规划模型。我们对一个假设的，垂直整合的木质纤维素企业进行建模，该企业生产纤维素乙醇和生物琥珀酸。生物产品的需求和价格代表着不确定性。对战略选择进行了建模，包括对研发的投资，对灵活生产平台的投资以及对项目投资的延期。还建立了一个假设的市场模型，以将原油价格与生物产品市场的发展联系起来。无股权现金流的折现值已优化。最佳结果包括基于生物产品市场长期发展的多种能力设计计划。还进行了蒙特卡洛模拟，以量化风险调整后的净现值和最佳容量设计轨迹的投资回报。

著录项

相似文献

  • 外文文献
  • 中文文献
  • 专利
获取原文

客服邮箱：kefu@zhangqiaokeyan.com

京公网安备：11010802029741号 ICP备案号：京ICP备15016152号-6 六维联合信息科技 (北京) 有限公司©版权所有

  • 客服微信

  • 服务号