Adding bio-blendstock into gasoline can reduce greenhouse gas emissions and potentially enhance fuel properties and boost engine efficiencies. A competitive bio-blendstock should have lower prices and/or superior properties. Gasoline is specified by final blended properties rather than compositions, while adding bio-blendstocks, most likely oxygenates, will modify the property mixing rules due to the non-ideal interactions between polar and nonpolar components. This paper presents an equation-of-state model for predicting Reid vapor pressure, non-linear blending models for computing key properties of final products, and an optimization approach to identify key economic drivers. Those models are used to estimate the potential economic value of bio-blendstocks, which is presented by its calculated break-even value as a feedstock to petroleum refineries for gasoline blending without any government subsidy or renewable tax credit. In additional to ethanol, six low-vapor-pressure bio-blendstock candidates were evaluated: i-propanol, n-propanol, i-butanol, diisobutylene, cyclopentanone, and a mixture of furans. Reid vapor pressure, distillation temperatures, and octane numbers were identified as the key economic drivers of adding bio-blendstock to a petroleum-derived base fuel. The calculated economic value ranks as furan mixture (4.9) >
cyclopentanone >
n-propanol iso-propanol >
iso-butanol >
diisobutylene (2.4) in US dollar per gasoline gallon equivalent ($/gge) in 2013 to 2017 5-year averaged price basis. The bio-blendstocks with higher octane numbers may have higher potential economic values. The uncertainties in property predictions may lead to roughly 15% deviation in the potential economic value.