Towards mega-scale decarbonized industrial park (Mega-DIP): Generative AI-driven techno-economic and environmental assessment of renewable and sustainable energy utilization in petrochemical industry
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Many nations have enacted renewable fuel standards or blending goals requiring a particular amount of biofuels in transportation fuels, which increase market demand and provide long-term stability for producers.
“Many nations have enacted renewable fuel standards or blending goals, which require a particular number of biofuels as transportation fuels. These measures increase the market demand for biofuels while also providing long-term stability for producers.”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [60]
Price fluctuations in fossil fuels can affect the market potential of biofuels; when fossil fuel costs rise, biofuels become more competitive, and when they fall dramatically, biofuels may struggle to retain competitiveness.
“Price fluctuations in fossil fuels can have an impact on the market potential of biofuels. When fossil fuel costs rise, biofuels become more competitive and appealing to customers. However, if fossil fuel costs fall dramatically, biofuels may struggle to retain competitiveness [60, 134].”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [60]
The economic feasibility and market potential of biofuels differ by location and depend on individual market conditions, legislation, and feedstock availability.
“It is crucial to remember that the economic feasibility and market potential of biofuels differ by location and are dependent on individual market conditions, legislation, and feedstock availability.”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [60]
The market for biofuels is projected to expand as technology advances, costs fall, and regulatory support remains constant.
“As technology advances, costs fall, and regulatory support remains constant, the market for biofuels is projected to expand.”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [60]
Specific policy and regulatory frameworks for biofuel development differ by country and area, reflecting local goals, resources, and market conditions.
“Specific policy and regulatory frameworks for biofuel development differ by country and area, reflecting local goals, resources, and market conditions.”
From Biofuel production: exploring renewable energy solutions for a greener future (2024) · cites this paper as [60]
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References 92 · Cited by 31
- Authors
- Heo, S., Byun, J., Ifaei, P., Ko, J., Ha, B., Hwangbo, S., & Yoo, C.
- Affiliations
- Kyung Hee University (KR)
- Chonnam National University (KR)
- Gyeongsang National University (KR)
- Corresponding author
- Hwangbo, Soonho
- Yoo, ChangKyoo
- Venue
- Renewable and Sustainable Energy Reviews
- Publisher
- Elsevier BV
- Published
- 2024-01
- Volume
- 189
- Pages
- 113933
- ISSN
- 1364-0321 (ISSN-L)
- OpenAlex
- W4388256318
- Cited by
- 31
- References
- 92
- Citations by year
- 2026: 15 · 2025: 8 · 2024: 8
- FWCI
- 2.30
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- Locations
- Renewable and Sustainable Energy Reviews (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Funders
- Ministry of Science, ICT and Future Planning (NRF- 2020M1A2A2080858)
- National Research Foundation of Korea (- 2021R1F1A1059919)
- Topics
- Physical Sciences › Engineering › Electrical and Electronic Engineering › Integrated Energy Systems Optimization
- Physical Sciences › Energy › Energy Engineering and Power Technology › Hybrid Renewable Energy Systems
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Renewable energy and sustainable power systems
- Keywords
- industrial decarbonization, petrochemical industry, air separation unit, liquid air energy storage, LNG plant, renewable energy integration, solar and wind energy, generative AI, adversarial autoencoder, techno-economic analysis, environmental assessment, levelized cost of electricity, CO2 emission reduction, integrated energy systems
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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
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