An approach to the economics of two vegetable oil-based biofuels in Spain

M.P. Dorado, F. Cruz, J.M. Palomar and F.J. López

Renewable Energy, 2006, vol. 31, issue 8, 1231-1237

Abstract: Biodiesel is a form of renewable energy that provides a less polluting fuel for diesel engines with minimal reduced engine performance as a result of a slight power loss and specific fuel consumption increase. To extend the use of biodiesel, the main concern is the economic viability of producing biodiesel. This study identified that the price of the feedstock was one of the most significant factors. Also, glycerol was found to be a valuable by-product that could reduce the final manufacturing costs of the process up to 6.5%, depending on the raw feedstock used. Biodiesel can only compete with diesel fuel prices.

Keywords: Economics; Biodiesel; Renewable energy (search for similar items in EconPapers)
Date: 2006
References: View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:31:y:2006:i:8:p:1231-1237

DOI: 10.1016/j.renene.2005.06.010

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