Techno-economic analysis of portable plant from waste cooking oil

Alan Try Putra Samad, Meka Saima Perdani, Dwini Normayulisa Putri, Heri Hermansyah

Research output: Contribution to journalConference articlepeer-review

1 Citation (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)269-273
Number of pages5
JournalEnergy Procedia
Volume153
DOIs
Publication statusPublished - 1 Jan 2018
Event5th International Conference on Energy and Environment Research, ICEER 2018 - Prague, Czech Republic
Duration: 23 Jul 201827 Jul 2018

Keywords

  • Biodiesel
  • Economic analysis
  • Waste cooking oil

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