Comparative energy and economic analysis of different vegetable oil plants for biodiesel production in India

Ajeet Kumar, Jeevan Vachan Tirkey and Shailendra Kumar Shukla

Renewable Energy, 2021, vol. 169, issue C, 266-282

Abstract: Carbon emissions due to the exploitation of conventional sources of energy like coal, diesel, and petrol are the primary source of global warming. In recent years, biodiesel has emerged as one of the potential candidates, to be used as alternate and renewable source of energy, for reducing the carbon footprints. Thus, for the growth and development of biodiesel it is essential to evaluate the energy and economic output of various vegetable oil plants used to produce biodiesel. The present study aims to select the vegetable oil plants for biodiesel production in India by using the life cycle assessment (LCA) approach. This study conducts a comparative energy and economic analyses of biodiesel production from jatropha, mahua, neem, palm, coconut, karanja, jojoba, and tung. The results indicated that the net energy is positive for all the plants, where, neem was recognized as a higher energy ratio (5.5164) and energy productivity (0.0567 kg MJ−1), which could be deal with as a higher contributor for reducing CO2 emission (g CO2 eq/MJ) in diesel blending. Higher gross production values (222.27 R kg−1), gross returns (168.70 R kg−1), net returns (144.13 R kg−1), benefit to cost ratios (2.84) productivity (0.0122 kg Rs-1) obtained for neem.

Keywords: Biodiesel; Life cycle analysis; Economic analysis; Energy and economic indicators (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:169:y:2021:i:c:p:266-282

DOI: 10.1016/j.renene.2020.12.128

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