Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production
There are different technologies for biodiesel production, each having its benefits and drawbacks depending on the type of feedstock and catalyst used. In this study, the techno-economic performances of four catalyst technologies were investigated. The catalysts were bulk calcium oxide (CaO), enzyme...
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MDPI AG
2019-10-01
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Online Access: | https://www.mdpi.com/1996-1073/12/20/3916 |
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author | Shemelis N. Gebremariam Trine Hvoslef-Eide Meseret T. Terfa Jorge M. Marchetti |
author_facet | Shemelis N. Gebremariam Trine Hvoslef-Eide Meseret T. Terfa Jorge M. Marchetti |
author_sort | Shemelis N. Gebremariam |
collection | DOAJ |
description | There are different technologies for biodiesel production, each having its benefits and drawbacks depending on the type of feedstock and catalyst used. In this study, the techno-economic performances of four catalyst technologies were investigated. The catalysts were bulk calcium oxide (CaO), enzyme, nano-calcium oxide, and ionic liquid. The study was mainly based on process simulations designed using Aspen Plus and SuperPro software. The quantity and quality of biodiesel and glycerol, as well as the amount of biodiesel per amount of feedstock, were the parameters to evaluate technical performances. The parameters for economic performances were total investment cost, unit production cost, net present value (NPV), internal return rate (IRR), and return over investment (ROI). Technically, all the studied options provided fuel quality biodiesel and high purity glycerol. However, under the assumed market scenario, the process using bulk CaO catalyst was more economically feasible and tolerable to the change in market values of major inputs and outputs. On the contrary, the enzyme catalyst option was very expensive and economically infeasible for all considered ranges of cost of feedstock and product. The result of this study could be used as a basis to do detail estimates for the practical implementation of the efficient process. |
first_indexed | 2024-04-13T07:44:26Z |
format | Article |
id | doaj.art-1b63bbd15aef454985f5935b9ff34b88 |
institution | Directory Open Access Journal |
issn | 1996-1073 |
language | English |
last_indexed | 2024-04-13T07:44:26Z |
publishDate | 2019-10-01 |
publisher | MDPI AG |
record_format | Article |
series | Energies |
spelling | doaj.art-1b63bbd15aef454985f5935b9ff34b882022-12-22T02:55:44ZengMDPI AGEnergies1996-10732019-10-011220391610.3390/en12203916en12203916Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel ProductionShemelis N. Gebremariam0Trine Hvoslef-Eide1Meseret T. Terfa2Jorge M. Marchetti3Faculty of Science and Technology (REALTEK), Norwegian University of Life Sciences, Drøbakveien 31, 1432 Ås, NorwayDepartment of Plant Sciences (IPV), Faculty of Biosciences, Norwegian University of Life Sciences, Arboretveien 6, 1432 Ås, NorwayDepartment of Plant & Horticultural Sciences, College of Agriculture, Hawassa University, P. O. Box 05, Hawassa, EthiopiaFaculty of Science and Technology (REALTEK), Norwegian University of Life Sciences, Drøbakveien 31, 1432 Ås, NorwayThere are different technologies for biodiesel production, each having its benefits and drawbacks depending on the type of feedstock and catalyst used. In this study, the techno-economic performances of four catalyst technologies were investigated. The catalysts were bulk calcium oxide (CaO), enzyme, nano-calcium oxide, and ionic liquid. The study was mainly based on process simulations designed using Aspen Plus and SuperPro software. The quantity and quality of biodiesel and glycerol, as well as the amount of biodiesel per amount of feedstock, were the parameters to evaluate technical performances. The parameters for economic performances were total investment cost, unit production cost, net present value (NPV), internal return rate (IRR), and return over investment (ROI). Technically, all the studied options provided fuel quality biodiesel and high purity glycerol. However, under the assumed market scenario, the process using bulk CaO catalyst was more economically feasible and tolerable to the change in market values of major inputs and outputs. On the contrary, the enzyme catalyst option was very expensive and economically infeasible for all considered ranges of cost of feedstock and product. The result of this study could be used as a basis to do detail estimates for the practical implementation of the efficient process.https://www.mdpi.com/1996-1073/12/20/3916biodieselcao catalystnano-catalystionic liquid catalysteconomic analysis |
spellingShingle | Shemelis N. Gebremariam Trine Hvoslef-Eide Meseret T. Terfa Jorge M. Marchetti Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production Energies biodiesel cao catalyst nano-catalyst ionic liquid catalyst economic analysis |
title | Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production |
title_full | Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production |
title_fullStr | Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production |
title_full_unstemmed | Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production |
title_short | Techno-Economic Performance of Different Technological Based Bio-Refineries for Biofuel Production |
title_sort | techno economic performance of different technological based bio refineries for biofuel production |
topic | biodiesel cao catalyst nano-catalyst ionic liquid catalyst economic analysis |
url | https://www.mdpi.com/1996-1073/12/20/3916 |
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