In this short review, we survey the historical progress of fast pyrolysis technologies for thermochemical liquefaction of biomass to produce so-called "bio-oil". Our focus is on the potential applications of bio-oil as a liquid fuel for heat and power generation. We point out some of the inherent properties of bio-oil that create difficulties standing in the way of these applications. Finally, we take a brief look at some processes that aim to valorize bio-oil by conversion to higher value liquid fuel products.
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Radlein et al. (2013) studied this question.
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