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Evaluating the Potential of Hydrogen Production from Agricultural Waste in Indonesia: A ComparativeTechno-economic Analysis

Author

Listed:
  • Budhijanto

    (Department of Chemical Engineering, Universitas Gadjah Mada,)

  • Bima Prasetya Pancasakti

    (Jalan Grafika No.2,55281, Sleman, Daerah Istimewa Yogyakarta, Indonesia.)

Abstract

Hydrogen production from agricultural waste is a potentially established industry in Indonesia, and the government aims to introduce innovative technologies to produce hydrogen. This study aimed to explore the feasibility of hydrogen production from agricultural waste using three different methods: SCWG, fermentation, and gasification. The analysis focuses on comparing the price of hydrogen as a product by setting the same value of the IRR at 30%. The simulation was conducted by analyzing the capacity of hydrogen production at 3650 tons/year. The results of this study demonstrate that fermentation is the most feasible technology for producing hydrogen from agricultural wastes in Indonesia. In this technology, the price of hydrogen obtained was $5.65/kg, with a total capital investment (TCI) and production cost (TPC) of $10,756,132.97 and $13,977,351.97, respectively. Based on this simulation, the other parameter values, including NPV, ROI, and PoT, were $15,387,688.72, 68%, and 2.27 years, respectively. These results indicate that the establishment of hydrogen production in Indonesia using fermentation technology and agricultural waste is economically viable.

Suggested Citation

  • Budhijanto & Bima Prasetya Pancasakti, 2024. "Evaluating the Potential of Hydrogen Production from Agricultural Waste in Indonesia: A ComparativeTechno-economic Analysis," International Journal of Energy Economics and Policy, Econjournals, vol. 14(2), pages 618-623, March.
    • Handle: RePEc:eco:journ2:2024-02-61
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    References listed on IDEAS

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    1. Muhammad Mufti Azis & Jonas Kristanto & Chandra Wahyu Purnomo, 2021. "A Techno-Economic Evaluation of Municipal Solid Waste (MSW) Conversion to Energy in Indonesia," Sustainability, MDPI, vol. 13(13), pages 1-10, June.
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    More about this item

    Keywords

    Agricultural Waste; Hydrogen; Renewable Energy; Techno-economic Analysis;
    All these keywords.

    JEL classification:

    • Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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