Electrical energy production system economical analysis

Conversion of wood to fuels, chemicals, and energy in the form of steam or electrical power is the subject of the second section. Chapter 3 deals with large wood conversion systems and presents a very comprehensive economic analysis of the different systems. Chapter 4 discusses the production of fuel gas from wood. A listing of process developers is provided, along with estimates of investment and operating costs. 

Economic analysis of systems for electrical energy and hydrogen production fundamentals and application to two membrane reactor processes... 

An analysis of the energy balance and economics of CO2 recycling to hydrocarbon fuels estimated that the full system can feasibly operate at 70% electridty-to-liquid fuel efficiency, and the price of electricity, needed to produce synthetic gasoline, is only 1.0-1.5% of the present sales price of gasoline. In regions where inexpensive renewable electricity is currently available, such as Iceland, fuel production may already be economical. The dominant costs of the process are the electricity cost and the capital cost of the electrochemical cell, where this capital cost is significantly increased, when operating intermittently (on renewable power sources such as solar and wind) [42]. 

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