TY - JOUR
T1 - Techno-economic analysis of portable plant from waste cooking oil
AU - Samad, Alan Try Putra
AU - Perdani, Meka Saima
AU - Putri, Dwini Normayulisa
AU - Hermansyah, Heri
N1 - Publisher Copyright:
© 2018 The Authors. Published by Elsevier Ltd.
PY - 2018
Y1 - 2018
N2 - Techno-economic analysis for portable biodiesel plant from waste cooking oil in Indonesia has been performed in this study. Analysis was performed by calculating the capital expenditures (CAPEX), operational expenditures (OPEX), and evaluation of economically aspects. Sensitivity of raw material cost, product price, and number of batch fluctuation have also been analyzed in this study. Overall process in this portable biodiesel plant has been simulated in the prior study and able to produce 128 L of biodiesel per batch production with 18 batch production per day. Based on calculation, the total of CAPEX and OPEX for this plant is IDR 5.354 billion and IDR 6.505 billion, respectively. Regarding to the economic evaluation, this plant will provide internal rate of return by 17.8%, net present value of IDR 7.196 billion, and payback period on the third year, with 20 years of plant lifetime with product price of USD 0.847/L. Hence, this plant is considered to be built and commercialized in order to enhance biodiesel production in Indonesia.
AB - Techno-economic analysis for portable biodiesel plant from waste cooking oil in Indonesia has been performed in this study. Analysis was performed by calculating the capital expenditures (CAPEX), operational expenditures (OPEX), and evaluation of economically aspects. Sensitivity of raw material cost, product price, and number of batch fluctuation have also been analyzed in this study. Overall process in this portable biodiesel plant has been simulated in the prior study and able to produce 128 L of biodiesel per batch production with 18 batch production per day. Based on calculation, the total of CAPEX and OPEX for this plant is IDR 5.354 billion and IDR 6.505 billion, respectively. Regarding to the economic evaluation, this plant will provide internal rate of return by 17.8%, net present value of IDR 7.196 billion, and payback period on the third year, with 20 years of plant lifetime with product price of USD 0.847/L. Hence, this plant is considered to be built and commercialized in order to enhance biodiesel production in Indonesia.
KW - Biodiesel
KW - Economic analysis
KW - Waste cooking oil
UR - http://www.scopus.com/inward/record.url?scp=85057388650&partnerID=8YFLogxK
U2 - 10.1016/j.egypro.2018.10.061
DO - 10.1016/j.egypro.2018.10.061
M3 - Conference article
AN - SCOPUS:85057388650
SN - 1876-6102
VL - 153
SP - 269
EP - 273
JO - Energy Procedia
JF - Energy Procedia
T2 - 5th International Conference on Energy and Environment Research, ICEER 2018
Y2 - 23 July 2018 through 27 July 2018
ER -