text: Most applications of hydrothermal liquefaction operate at temperatures between 250-550 °C and high pressures of 5-25 MPa as well as catalysts for 20–60 minutes, although higher or lower temperatures can be used to optimize gas or liquid yields, respectively. At these temperatures and pressures, the water present in the biomass becomes either subcritical or supercritical, depending on the conditions, and acts as a solvent, reactant, and catalyst to facilitate the reaction of biomass to bio-oil.
  The exact conversion of biomass to bio-oil is dependent on several variables:
  * Feedstock composition
  * Temperature and heating rate
  * Pressure
  * Solvent
  * Residence time
  * Catalysts