Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production

Biodiesel; Cost accounting; Cost benefit analysis; Costs; Economic analysis; Feedstocks; Investments; Seed; Sensitivity analysis; Taxation; Well stimulation; Biodiesel production; Biofuel economies; Implementation aspects; Lifecycle costs; Non-edible oil; Reutealis trisperma; Second generation; Tech...

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Main Authors: Riayatsyah T.M.I., Ong H.C., Chong W.T., Aditya L., Hermansyah H., Mahlia T.M.I.
Other Authors: 57189231933
Format: Article
Published: MDPI AG 2023
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spelling my.uniten.dspace-234322023-05-29T14:40:26Z Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production Riayatsyah T.M.I. Ong H.C. Chong W.T. Aditya L. Hermansyah H. Mahlia T.M.I. 57189231933 55310784800 36448921500 57193529799 15759436800 56997615100 Biodiesel; Cost accounting; Cost benefit analysis; Costs; Economic analysis; Feedstocks; Investments; Seed; Sensitivity analysis; Taxation; Well stimulation; Biodiesel production; Biofuel economies; Implementation aspects; Lifecycle costs; Non-edible oil; Reutealis trisperma; Second generation; Technical barriers; Life cycle 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. � 2017 by the authors. Final 2023-05-29T06:40:26Z 2023-05-29T06:40:26Z 2017 Article 10.3390/en10070877 2-s2.0-85025438707 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85025438707&doi=10.3390%2fen10070877&partnerID=40&md5=920d97f7eb36e73c5cff82e230f42bb9 https://irepository.uniten.edu.my/handle/123456789/23432 10 7 877 All Open Access, Gold, Green MDPI AG Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Biodiesel; Cost accounting; Cost benefit analysis; Costs; Economic analysis; Feedstocks; Investments; Seed; Sensitivity analysis; Taxation; Well stimulation; Biodiesel production; Biofuel economies; Implementation aspects; Lifecycle costs; Non-edible oil; Reutealis trisperma; Second generation; Technical barriers; Life cycle
author2 57189231933
author_facet 57189231933
Riayatsyah T.M.I.
Ong H.C.
Chong W.T.
Aditya L.
Hermansyah H.
Mahlia T.M.I.
format Article
author Riayatsyah T.M.I.
Ong H.C.
Chong W.T.
Aditya L.
Hermansyah H.
Mahlia T.M.I.
spellingShingle Riayatsyah T.M.I.
Ong H.C.
Chong W.T.
Aditya L.
Hermansyah H.
Mahlia T.M.I.
Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
author_sort Riayatsyah T.M.I.
title Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
title_short Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
title_full Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
title_fullStr Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
title_full_unstemmed Life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
title_sort life cycle cost and sensitivity analysis of reutealis trisperma as non-edible feedstock for future biodiesel production
publisher MDPI AG
publishDate 2023
_version_ 1806423547798618112
score 13.214268