From: The commercial performance of cellulosic ethanol supply-chains in Europe
Pricing method | Label | Net ethanol revenue (2005US$ litre-1) | Comment | |
---|---|---|---|---|
 |  | Oil price US$62 barrel-1a | Oil price US$100 barrel-1 |  |
Price = f(volume + subsidy) | E5+ subsidy | 0.65 | 0.89 | Price = (gasoline price) + (subsidy) - (margin incentive)) - (transport and distribution costs). |
Price = f(volume) | E5 | 0.37 | 0.61 | Price = (gasoline price) - (margin incentive)) - (transport and distribution costs). |
Price = f(energy content) | E85 | 0.23 | 0.40 | Price = (gasoline price) * (relative energy density) - (margin incentive)) - (transport and distribution costs). |