Abstract
Biofuels derived from biomass are receiving increasing attention for their great potential of replacing fossil fuels and reducing CO2 emissions. Thermochemical conversion technologies have been commonly used to produce biofuels and are experiencing fast development in recent years. This chapter provides a review of the techno-economic analysis of the biofuel production via liquefaction, gasification, and pyrolysis technologies. The biofuel production costs of the technologies are compared across different countries and regions. Existing challenges and gaps are identified, and future development is recommended.
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