1 The Economic Feasibility of Generating Bio-energy from Biomass for Peak Demand of Electricity in the South Plains of Texas

verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. 2 The analysis of economic feasibility is projected by incorporating variability of crop residue biomass in order to address possible risk integrated into bio-energy production. GIS maps are used to identify the locations of ginners and associated volumes of cotton gin waste. Combined variability related factors, the various distribution of gin trash possible supply are estimated by using Markov chain Monte Carlo method. Economic models are based on the variability to search optimal scales, and net returns in operation process converting biomass to electricity using gasification and pyrolysis/gas turbine or boiler techniques. Sensitivity analysis, cost/benefit analysis and risk analysis are also conducted. Convincing evidence shows explicit profit margin by using gasification for peak load electricity, self consumption and incidental sell. Although bio-oil production using pyrolysis technique seems profitable, capital intensity leads to economic unpractical for the process of electricity generating from bio-oil in the study region