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Table 7 Investment costs by sector of the biorefinery, internal rate of return and net present value

From: Bioelectricity versus bioethanol from sugarcane bagasse: is it worth being flexible?

Sector

Cost (106 USD)

 

BioEE

BioEth

Flex

Sugarcane reception, preparation and milling

38.5

38.5

38.5

Combined heat and power plant

50.2

42.9

50.2

Fermentation, distillation and tankage

30.8

35.4

35.4

Sugarcane juice treatment

23.1

23.1

23.1

Piping, general tankage and valves

15.4

15.4

15.4

Licenses, project and ground leveling

7.7

7.7

7.7

2G (pre-treatment, hydrolysis and C5 fermentation)

0

9.6

9.6

Total

165.8

172.7

180.0

IRR *

7.6%

8.3%

8.0%

NPV (10 6 USD) *

-34.5

-30.0

-41.8

  1. *for an ethanol price of 513.7 USD/m3.