Techno-economic evaluation of integrated first- and second-generation ethanol production from grain and straw

Table 2 NPV, MESP, and IRR for all the cases

	NPV discount rate 11 % (MEUR)	NPV discount rate 5 % (MEUR)	NPV discount rate 14 % (MEUR)	MESP (EUR/L ethanol)	IRR (%)
1G	92	242	47	0.50	19
E1	117	332	53	0.48	17
E2	95	298	35	0.50	16
B1	38	192	−8	0.53	13
B2	−1	132	−41	0.56	11
C5E1	167	406	95	0.46	20
C5E2	154	387	85	0.47	20
C5B1	119	315	60	0.49	18
C5B2	90	271	36	0.51	17
UB1	140	360	74	0.47	19
UB2	71	250	17	0.51	15
UC5B1	185	426	114	0.45	22
UC5B2	134	344	72	0.48	19

NPV in the base case scenario and at higher and lower discount rates, together with the MESP and the IRR, for the seven cases studied, at 60 and 80 % of the theoretical biogas yield. Cases with 60 % biogas yield are indexed with “2” (E2, B2, C5E2, and C5B2)

ISSN: 2731-3654