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Mark Jenner, PhD
Biomass Rules, LLC
1000 E. Harris Avenue
Greenville, IL 62246
p. 618.664.9687
c. 618.223.9331
e. mjenner@biomassrules.com
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Mission Statement: Providing solutions through the strategic
utilization of all kinds of biomass; the development of new markets for
food, fiber and fuels; and streamlining regulations. •
bio·mass: 'bI-O-"mas. noun. 1 : the unit area or volume
of living matter, 2 : plant materials and animal waste used as renewable
feedstocks into new processes.
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rules: 'rül. 1: noun. 1 : regulations, bylaws or
governing procedure, 2: verb. a : to exert control, direction, or
influence on, b : to declare authoritatively.
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Manure is not a four-letter word.
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Biomass Rules, LLC Comparative Fuel Prices
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We are comfortable as a culture thinking about energy in
the units for which it is traded. Crude oil is over
$80/barrel for a moment. Gasoline is running about $2.80 per
gallon. Ethanol is down around $1.50 per gallon. So what?
At some point the feedstocks that go into making our energy
will need to be standardized. The markets will do this
eventually. I thought I would ‘jump-start’ the process by
posting representative fuels in terms of $/MMBTU (dollars
per million BTU). This is what it looks like for the week
ending 10/19/07.

Like the Burning Bio News, I have been tracking prices
all year. Some of the materials I am tracking do not have
public exchanges. Some of the fuels have seasonal prices and
some are voluntarily reported. I am posting the materials
that have fairly reliable price series.
There are many, many footnotes. They will get posted here as
I get to them. My current goal is to have this fully
operational by the end of the 2007. I believe I can keep up
with the weekly prices. All of these that are posted are
publicly available.
When one begins to ‘meddle’ with non-market economic values
like $/MMBTU, important boundaries get crossed. There is a
physical and cultural world of difference between grass hay
and crude oil. Moisture contents must be removed. The size
and weight of the bale has to be assumed (assigned). Even
with great care important information does not make the
transition.
Two key components of these calculations are the tabled HHV
that were used and the densities that may not enter into the
price, but add significant value to the interpretation. For
instance coal is a great bargain in the $/MMBTU metric. The
agricultural materials are right behind coal as a fuel
bargain, but coal is very dense and the ag materials are
light and fluffy. The added transportation costs of moving a
ton of ‘light and fluffy’ changes the value, but not the $/MMBTU.
To supplement the information contained in the $/MMBTU
metric, I am posting the Higher Heating Values (HHV) and the
material densities. I will fill in the missing densities as
I can.

Coal is the most dense, with the ag residues being the
least dense.
This is a work in progress, so if you have suggestions,
please email them to
biomassdata@sbcglobal.net.
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