Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective
To promote the growth of the biodiesel industry, many countries have started allocating initial inducements to start-up companies to set up the infrastructure for its production facilities. Thus, comprehensive economic assessments are vital to keeping businesses on the right track in the long run. I...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/86892/1/Net%20energy%20and%20techno-economic.pdf |
| _version_ | 1796981776279666688 |
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| author | Ahmad Farid, Mohammed Abdillah Roslan, Ahmad Muhaimin Hassan, Mohd Ali Hasan, Muhamad Yusuf Othman, Mohd Ridzuan Shirai, Yoshihito |
| author_facet | Ahmad Farid, Mohammed Abdillah Roslan, Ahmad Muhaimin Hassan, Mohd Ali Hasan, Muhamad Yusuf Othman, Mohd Ridzuan Shirai, Yoshihito |
| author_sort | Ahmad Farid, Mohammed Abdillah |
| collection | UPM |
| description | To promote the growth of the biodiesel industry, many countries have started allocating initial inducements to start-up companies to set up the infrastructure for its production facilities. Thus, comprehensive economic assessments are vital to keeping businesses on the right track in the long run. In this present study, net energy ratio (NER) and macroeconomic assessment are investigated using actual data obtained from biodiesel production from waste cooking oil (WCO) by using a semi-industrial plant. The fuel quality produced has complied with the European Biodiesel Standard (EN 14214) and the net energy ratio (NER) calculated was positive, which, in other words, epitomized a competent-designed production practice. Concerning mass balance, 74.3% of biodiesel, 24.0% of by-product glycerol and 8.9% soap were measured. By applying these as baseline values for scale-up production of 3.68 kt per annum, projected values of total production costs, selling price of B10 fuel, net present value (NPV) and internal rate of return (IRR) were USD 1.78 million, USD 0.47/kg, USD 1.43 million and 60%, respectively. In summary, these projected values are suggestively lucrative, offering strong business growth for 10 years and capable of withstanding the variations of plant capacity and raw material price. |
| first_indexed | 2024-03-06T10:42:36Z |
| format | Article |
| id | upm.eprints-86892 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T10:42:36Z |
| publishDate | 2020 |
| publisher | Elsevier |
| record_format | dspace |
| spelling | upm.eprints-868922022-01-03T02:55:27Z http://psasir.upm.edu.my/id/eprint/86892/ Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective Ahmad Farid, Mohammed Abdillah Roslan, Ahmad Muhaimin Hassan, Mohd Ali Hasan, Muhamad Yusuf Othman, Mohd Ridzuan Shirai, Yoshihito To promote the growth of the biodiesel industry, many countries have started allocating initial inducements to start-up companies to set up the infrastructure for its production facilities. Thus, comprehensive economic assessments are vital to keeping businesses on the right track in the long run. In this present study, net energy ratio (NER) and macroeconomic assessment are investigated using actual data obtained from biodiesel production from waste cooking oil (WCO) by using a semi-industrial plant. The fuel quality produced has complied with the European Biodiesel Standard (EN 14214) and the net energy ratio (NER) calculated was positive, which, in other words, epitomized a competent-designed production practice. Concerning mass balance, 74.3% of biodiesel, 24.0% of by-product glycerol and 8.9% soap were measured. By applying these as baseline values for scale-up production of 3.68 kt per annum, projected values of total production costs, selling price of B10 fuel, net present value (NPV) and internal rate of return (IRR) were USD 1.78 million, USD 0.47/kg, USD 1.43 million and 60%, respectively. In summary, these projected values are suggestively lucrative, offering strong business growth for 10 years and capable of withstanding the variations of plant capacity and raw material price. Elsevier 2020-06 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/86892/1/Net%20energy%20and%20techno-economic.pdf Ahmad Farid, Mohammed Abdillah and Roslan, Ahmad Muhaimin and Hassan, Mohd Ali and Hasan, Muhamad Yusuf and Othman, Mohd Ridzuan and Shirai, Yoshihito (2020) Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective. Sustainable Energy Technologies and Assessments, 39. art. no. 100700. pp. 1-11. ISSN 2213-1388; ESSN: 2213-1396 https://www.sciencedirect.com/science/article/abs/pii/S221313881930637X 10.1016/j.seta.2020.100700 |
| spellingShingle | Ahmad Farid, Mohammed Abdillah Roslan, Ahmad Muhaimin Hassan, Mohd Ali Hasan, Muhamad Yusuf Othman, Mohd Ridzuan Shirai, Yoshihito Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title | Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title_full | Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title_fullStr | Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title_full_unstemmed | Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title_short | Net energy and techno-economic assessment of biodiesel production from waste cooking oil using a semi-industrial plant: a Malaysia perspective |
| title_sort | net energy and techno economic assessment of biodiesel production from waste cooking oil using a semi industrial plant a malaysia perspective |
| url | http://psasir.upm.edu.my/id/eprint/86892/1/Net%20energy%20and%20techno-economic.pdf |
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