Life Cycle Cost and Sensitivity Analysis of Reutealis trisperma as Non-Edible Feedstock for Future Biodiesel Production
Teuku Meurah Indra Riayatsyah,
Hwai Chyuan Ong,
Wen Tong Chong,
Lisa Aditya,
Heri Hermansyah and
Teuku Meurah Indra Mahlia
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Teuku Meurah Indra Riayatsyah: Department of Mechanical Engineering, Faculty of Engineering, University of Malaya, 50603 Kuala Lumpur, Malaysia
Hwai Chyuan Ong: Department of Mechanical Engineering, Faculty of Engineering, University of Malaya, 50603 Kuala Lumpur, Malaysia
Wen Tong Chong: Department of Mechanical Engineering, Faculty of Engineering, University of Malaya, 50603 Kuala Lumpur, Malaysia
Lisa Aditya: Department of Mechanical Engineering, Faculty of Engineering, University of Malaya, 50603 Kuala Lumpur, Malaysia
Heri Hermansyah: Department of Chemical Engineering, Universitas Indonesia, Depok 16424, Indonesia
Teuku Meurah Indra Mahlia: Department of Mechanical Engineering, Universiti Tenaga Nasional, 43000 Kajang, Selangor, Malaysia
Energies, 2017, vol. 10, issue 7, 1-21
Abstract:
The use of non-edible, second-generation feedstocks for the production of biodiesel has been an active area of research, due to its potential in replacing fossil diesel as well as its environmentally friendly qualities. Despite this, more needs to be done to remove the technical barriers associated with biodiesel production and usage, to increase its quality as well as to widen the choice of available feedstocks; so as to avoid over-dependence on limited sources. This paper assesses the feasibility of using a local plant, Reutealis trisperma , whose seeds contain a high percentage of oil of up to 51%, as one of the possible feedstocks. The techno-economic and sensitivity analysis of biodiesel production from Reutealis trisperma oil as well as implementation aspects and environmental effects of the biodiesel plant are discussed. Analysis indicates that the 50 kt Reutealis trisperma biodiesel production plant has a life cycle cost of approximately $710 million, yielding a payback period of 4.34 years. The unit cost of the biodiesel is calculated to be $0.69/L with the feedstock cost accounting for the bulk of the cost. The most important finding from this study is that the biodiesel from Reutealis trisperma oil can compete with fossil diesel, provided that appropriate policies of tax exemptions and subsidies can be put in place. To conclude, further studies on biodiesel production and its limitations are necessary before the use of biodiesel from Reutealis trisperma oil may be used as a fuel source to replace fossil diesel.
Keywords: biodiesel; non-edible oil; Reutealis trisperma; life cycle cost; biofuel economy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
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