In the study, a techno-economic ana

In the study, a techno-economic analysis method considering logistic configurations is proposed. The
economic feasibility of a low temperature biomass gasification pathway and an integrated pathway with
fast pyrolysis and bio-oil gasification are evaluated and compared with the proposed method in Iowa. The
results show that both pathways are profitable, biomass gasification pathway could achieve an Internal
Rate of Return (IRR) of 10.00% by building a single biorefinery and integrated bio-oil gasification pathway
could achieve an IRR of 3.32% by applying decentralized supply chain structure. A Monte-Carlo simulation
considering interactions among parameters is also proposed and conducted, which indicates that
both pathways are at high risk currently