Nontraditional sources for biodiesel production in Malaysia: The economic evaluation of hemp, jatropha, and kenaf biodiesel
Kenneth Szulczyk and
Ramez Badeeb
Renewable Energy, 2022, vol. 192, issue C, 759-768
Abstract:
Three feedstocks, hemp, jatropha, and kenaf, are economically evaluated to produce biodiesel for Malaysia and whether they could improve its sustainability and reduce carbon dioxide emissions in the transportation sector. This study uses a partial equilibrium model, called the Malaysian Agriculture and Plantation Greenhouse Gas Model, to evaluate the potential feedstocks. The model represents the major agricultural commodities of Malaysia and forecasts market prices and quantities between 2024 and 2064. The results show that hemp and kenaf biodiesel can compete with the retail diesel price at the pump. Both hemp and kenaf are sustainable, and these two commodities produce two valuable coproducts: fiber and seed cake. The seed cake helps Malaysia offset some animal feed imports since Malaysia relies on imported feed to support its poultry and cattle industries. Furthermore, hemp and kenaf biodiesel production increases agricultural employment and mitigates some carbon dioxide equivalent emissions in the transportation sector. Jatropha biodiesel is not economically feasible because this commodity produces biodiesel and no valuable coproducts. If jatropha could be genetically altered to make less toxic seed cake or yield other valuable coproducts, then jatropha biodiesel could become economically viable.
Keywords: Partial equilibrium model; Endogenous price model; Jatropha; Hemp; Kenaf; Biodiesel (search for similar items in EconPapers)
JEL-codes: C61 O13 Q42 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0960148122005651
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:192:y:2022:i:c:p:759-768
DOI: 10.1016/j.renene.2022.04.097
Access Statistics for this article
Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides
More articles in Renewable Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().