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Drop-in replacement biofuels : meeting the challenge

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dc.contributor.advisor Roberto Rigobon. en_US Bhargava, Alok (Alok Kishore) en_US
dc.contributor.other Sloan School of Management. en_US 2011-09-13T17:53:48Z 2011-09-13T17:53:48Z 2011 en_US 2011 en_US
dc.description Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2011. en_US
dc.description Cataloged from PDF version of thesis. en_US
dc.description Includes bibliographical references (p. 103-123). en_US
dc.description.abstract This thesis presents a discussion on the challenges that must be met to fulfill the U.S. Navy's strategic imperatives for its energy vision. It provides an introduction to drop-in replacement biofuels, the options amongst the technologies and feedstock available to produce them, their current economic performance and the evolution of their commercialization. In pursuing the latter a detailed examination of the funding path towards commercialization was undertaken. The study found that the U.S. Navy's requirements for drop-in replacement biofuels for aviation are best met by hydroprocessed renewable jet fuel (HRJ). Since feedstock from sources that do not interfere with food markets are preferred, algal oil was identified as extremely promising. The study also found that hydroprocessed fuels are also not yet independently commercially viable. The study identified a critical funding gap between the time startup capital is depleted and prior to reaching the ability to raise capital in the commercial and public markets. Finally a literature survey is performed to address proposals for avoiding this "dcommercialization valley of death", analysis of the proposals and recommendations made for drop-in replacement biofuels. en_US
dc.description.statementofresponsibility by Alok Bhargava. en_US
dc.format.extent 123 p. en_US
dc.language.iso eng en_US
dc.publisher Massachusetts Institute of Technology en_US
dc.rights M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. en_US
dc.rights.uri en_US
dc.subject Sloan School of Management. en_US
dc.title Drop-in replacement biofuels : meeting the challenge en_US
dc.type Thesis en_US S.M. en_US
dc.contributor.department Sloan School of Management. en_US
dc.identifier.oclc 750011170 en_US

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