A Comprehensive Assessment of the Marginal Abatement Costs of CO2 of Co-Optima Multi-Mode Vehicles.

The Co-Optimization of Fuels and Engines (Co-Optima) is a research and development consortia funded by the U.S. Department of Energy, which has engaged partners from national laboratories, universities, and industry to conduct multidisciplinary research at the intersection of biofuels and combustion sciences. Since 2016, the Co-Optima team has examined high-quality bioblendstocks, and their properties, as design variables for increasing efficiency in modern engines while decarbonizing on-road light- and heavy-duty vehicles. The objective of this analysis is to combine and expand upon research into Co-Optima multi-mode bioblendstocks, which blend with petroleum gasoline to form high efficiency fuels for combustion in both spark ignition and advanced compression ignition engines. Consequently, the economic and environmental impacts of deploying 10 different multi-mode bioblendstocks derived from renewable and circular resources are quantified. Each bioblendstock is evaluated across several variables including (1) target blend levels of 10, 20, and 30 vol %, (2) years from 2030 to 2050, (3) crude oil benchmark prices, (4) vehicle lifetime miles, and (5) incremental vehicle costs. A Monte Carlo simulator is developed using a refinery optimization model and life-cycle analysis tool from prior Co-Optima research to sample marginal abatement costs of CO₂, or cost of removing an additional unit of CO₂, corresponding to each bioblendstock while considering input variable uncertainties. Results show that the combination of efficiency gains from advanced multi-mode fuel-engine technologies and the reoptimization of refinery operations results in several bioblendstocks demonstrating near-zero expected marginal abatement costs. Variable importances are also explored to highlight which aspects of the multi-mode technology are most influential in determining marginal abatement costs. Results suggest that Co-Optima multi-mode technology could provide economically viable decarbonization contributions to electrification-resistant light-duty vehicle sectors or near-term emission reductions, while Co-Optima fuels or alternatives decarbonize further to reach net-zero status.