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Table 8 Ethanol price scenarios

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).
  1. a2005 EU average.