Techno-Economic Analysis of Biojet Fuel Production

The creation of biojet fuel (BJF) has become a viable alternative as the aviation sector looks to lessen its carbon impact and dependency on fossil fuels. Utilizing a process-based model to assess several biojet fuel production methods, such as feedstock cultivation, conversion technologies, and refining processes, the research includes both technical and economic elements. A thorough cost analysis is carried out, taking into account capital expenses, operating costs, and income streams while taking market dynamics and feedstock price uncertainty into account. Key findings show that, in some circumstances, the manufacture of biojet fuel has promising potential. The cost-competitiveness of biojet fuel in comparison to conventional jet fuel is highlighted as being significantly influenced by the type of feedstock, the effectiveness of the conversion technology, and economies of scale. Sensitivity analysis shows how policy incentives and changing feedstock costs affect the overall techno-economic viability. Additionally, this analysis takes into account broader ramifications, like the potential decrease in greenhouse gas emissions and the diversification of energy sources for the aviation industry. The findings offer insightful information for stakeholders seeking to promote the development of sustainable aviation fuels, including politicians and investors. This techno-economic analysis concludes by highlighting the significance of a comprehensive assessment when determining the viability of producing biojet fuel. Even though there are still difficulties, improvements in conversion technology and favorable market circumstances may spur the commercialization of biojet fuel and help the aviation sector become more ecologically conscious. This chapter gives a thorough techno-economic analysis (TEA) of the manufacturing of biojet fuel, evaluating its viability, economics, and potential environmental advantages.