IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v40y2013icp819-824.html
   My bibliography  Save this article

Economic feasibility of biodiesel production from Macauba in Brazil

Author

Listed:
  • Lopes, Daniela de Carvalho
  • Steidle Neto, Antonio José
  • Mendes, Adriano Aguiar
  • Pereira, Débora Tamires Vítor

Abstract

In this work the economic feasibility of biodiesel production in Brazil by using the Macauba oil as raw matter is studied. The software SIMB-E, in which a cash flow model applied to biodiesel production is implemented, was used during simulations. Economic indexes related to biodiesel production features, as well as the competitiveness between selling prices of biodiesel and petrodiesel were considered. It was found that all of the 8 simulated scenarios were potentially profitable, but only 2 of them presented competitive biodiesel selling prices, being considered as worthwhile projects. These were seed-oil plants with alkaline transesterification. Results also indicated that the success of biodiesel production still requires additional revenues beyond that derived from biodiesel itself, including income from the feedstock coproducts and glycerol. Macauba showed to be a potential crop to be used in biodiesel production. However, the domestication and improvement on processing of this species are indispensable to ensure its availability of long-term use.

Suggested Citation

  • Lopes, Daniela de Carvalho & Steidle Neto, Antonio José & Mendes, Adriano Aguiar & Pereira, Débora Tamires Vítor, 2013. "Economic feasibility of biodiesel production from Macauba in Brazil," Energy Economics, Elsevier, vol. 40(C), pages 819-824.
    • Handle: RePEc:eee:eneeco:v:40:y:2013:i:c:p:819-824
    DOI: 10.1016/j.eneco.2013.10.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140988313002284
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eneco.2013.10.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. de Carvalho Lopes, Daniela & Steidle Neto, Antonio José & Martins, Paulo André R., 2011. "Economic simulation of biodiesel production: SIMB-E tool," Energy Economics, Elsevier, vol. 33(6), pages 1138-1145.
    2. Anselm Eisentraut, 2010. "Sustainable Production of Second-Generation Biofuels: Potential and Perspectives in Major Economies and Developing Countries," IEA Energy Papers 2010/1, OECD Publishing.
    3. Jegannathan, Kenthorai Raman & Eng-Seng, Chan & Ravindra, Pogaku, 2011. "Economic assessment of biodiesel production: Comparison of alkali and biocatalyst processes," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(1), pages 745-751, January.
    4. Vlysidis, Anestis & Binns, Michael & Webb, Colin & Theodoropoulos, Constantinos, 2011. "A techno-economic analysis of biodiesel biorefineries: Assessment of integrated designs for the co-production of fuels and chemicals," Energy, Elsevier, vol. 36(8), pages 4671-4683.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ricardo Vargas-Carpintero & Thomas Hilger & Karen Tiede & Carolin Callenius & Johannes Mössinger & Roney Fraga Souza & Juan Carlos Barroso Armas & Frank Rasche & Iris Lewandowski, 2022. "A Collaborative, Systems Approach for the Development of Biomass-Based Value Webs: The Case of the Acrocomia Palm," Land, MDPI, vol. 11(10), pages 1-31, October.
    2. Brondani, L.N. & Ribeiro, J.S. & Castilhos, F., 2020. "A new kinetic model for simultaneous interesterification and esterification reactions from methyl acetate and highly acidic oil," Renewable Energy, Elsevier, vol. 156(C), pages 579-590.
    3. Felipe Seabra d’Almeida & Roberto Bentes de Carvalho & Felipe Sombra dos Santos & Rodrigo Fernandes Magalhães de Souza, 2022. "Economic Analysis of a Conceptual Industrial Route for Printed Circuit Boards Processing Based on Mass and Energy Balances," World, MDPI, vol. 3(3), pages 1-15, July.
    4. Monteiro, Marcos Roberto & Kugelmeier, Cristie Luis & Pinheiro, Rafael Sanaiotte & Batalha, Mario Otávio & da Silva César, Aldara, 2018. "Glycerol from biodiesel production: Technological paths for sustainability," Renewable and Sustainable Energy Reviews, Elsevier, vol. 88(C), pages 109-122.
    5. César, Aldara da Silva & Almeida, Fabiano de Azedias & de Souza, Raquel Pereira & Silva, Gilmar Clemente & Atabani, A.E., 2015. "The prospects of using Acrocomia aculeata (macaúba) a non-edible biodiesel feedstock in Brazil," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 1213-1220.
    6. Pasa, Thiago Luiz Belo & Souza, Gredson Keiff & Diório, Alexandre & Arroyo, Pedro Augusto & Pereira, Nehemias Curvelo, 2020. "Assessment of commercial acidic ion-exchange resin for ethyl esters synthesis from Acrocomia aculeata (Macaúba) crude oil," Renewable Energy, Elsevier, vol. 146(C), pages 469-476.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yan, Yunjun & Li, Xiang & Wang, Guilong & Gui, Xiaohua & Li, Guanlin & Su, Feng & Wang, Xiaofeng & Liu, Tao, 2014. "Biotechnological preparation of biodiesel and its high-valued derivatives: A review," Applied Energy, Elsevier, vol. 113(C), pages 1614-1631.
    2. Živković, Snežana B. & Veljković, Milan V. & Banković-Ilić, Ivana B. & Krstić, Ivan M. & Konstantinović, Sandra S. & Ilić, Slavica B. & Avramović, Jelena M. & Stamenković, Olivera S. & Veljković, Vlad, 2017. "Technological, technical, economic, environmental, social, human health risk, toxicological and policy considerations of biodiesel production and use," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 222-247.
    3. Granjo, José F.O. & Duarte, Belmiro P.M. & Oliveira, Nuno M.C., 2017. "Integrated production of biodiesel in a soybean biorefinery: Modeling, simulation and economical assessment," Energy, Elsevier, vol. 129(C), pages 273-291.
    4. Kargbo, Hannah & Harris, Jonathan Stuart & Phan, Anh N., 2021. "“Drop-in” fuel production from biomass: Critical review on techno-economic feasibility and sustainability," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    5. Mahesh, A. & Shoba Jasmin, K.S., 2013. "Role of renewable energy investment in India: An alternative to CO2 mitigation," Renewable and Sustainable Energy Reviews, Elsevier, vol. 26(C), pages 414-424.
    6. Lorenzo Di Lucia & Barbara Ribeiro, 2018. "Enacting Responsibilities in Landscape Design: The Case of Advanced Biofuels," Sustainability, MDPI, vol. 10(11), pages 1-15, November.
    7. Ujjayant Chakravorty & Marie‐Hélène Hubert & Beyza Ural Marchand, 2019. "Food for fuel: The effect of the US biofuel mandate on poverty in India," Quantitative Economics, Econometric Society, vol. 10(3), pages 1153-1193, July.
    8. Wetser, Koen & Sudirjo, Emilius & Buisman, Cees J.N. & Strik, David P.B.T.B., 2015. "Electricity generation by a plant microbial fuel cell with an integrated oxygen reducing biocathode," Applied Energy, Elsevier, vol. 137(C), pages 151-157.
    9. Keon Hee Kim & Eun Yeol Lee, 2017. "Environmentally-Benign Dimethyl Carbonate-Mediated Production of Chemicals and Biofuels from Renewable Bio-Oil," Energies, MDPI, vol. 10(11), pages 1-15, November.
    10. Samiee-Zafarghandi, Roudabeh & Karimi-Sabet, Javad & Abdoli, Mohammad Ali & Karbassi, Abdolreza, 2018. "Increasing microalgal carbohydrate content for hydrothermal gasification purposes," Renewable Energy, Elsevier, vol. 116(PA), pages 710-719.
    11. Holmatov, B. & Schyns, J.F. & Krol, M.S. & Gerbens-Leenes, P.W. & Hoekstra, A.Y., 2021. "Can crop residues provide fuel for future transport? Limited global residue bioethanol potentials and large associated land, water and carbon footprints," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    12. Taylor-de-Lima, Reynaldo L.N. & Gerbasi da Silva, Arthur José & Legey, Luiz F.L. & Szklo, Alexandre, 2018. "Evaluation of economic feasibility under uncertainty of a thermochemical route for ethanol production in Brazil," Energy, Elsevier, vol. 150(C), pages 363-376.
    13. Zahida Aslam & Hu Li & James Hammerton & Gordon Andrews & Andrew Ross & Jon C. Lovett, 2021. "Increasing Access to Electricity: An Assessment of the Energy and Power Generation Potential from Biomass Waste Residues in Tanzania," Energies, MDPI, vol. 14(6), pages 1-22, March.
    14. Tańczuk, Mariusz & Ulbrich, Roman, 2013. "Implementation of a biomass-fired co-generation plant supplied with an ORC (Organic Rankine Cycle) as a heat source for small scale heat distribution system – A comparative analysis under Polish and G," Energy, Elsevier, vol. 62(C), pages 132-141.
    15. Rahman, M.A., 2018. "Valorization of harmful algae E. compressa for biodiesel production in presence of chicken waste derived catalyst," Renewable Energy, Elsevier, vol. 129(PA), pages 132-140.
    16. Chakravorty, Ujjayant & Hubert, Marie-Hélène & Moreaux, Michel & Nøstbakken, Linda, 2010. "Will Biofuel Mandates Raise Food Prices?," TSE Working Papers 10-212, Toulouse School of Economics (TSE).
    17. Taylor, Benjamin & Xiao, Ning & Sikorski, Janusz & Yong, Minloon & Harris, Tom & Helme, Tim & Smallbone, Andrew & Bhave, Amit & Kraft, Markus, 2013. "Techno-economic assessment of carbon-negative algal biodiesel for transport solutions," Applied Energy, Elsevier, vol. 106(C), pages 262-274.
    18. Ghimire, Anish & Frunzo, Luigi & Pirozzi, Francesco & Trably, Eric & Escudie, Renaud & Lens, Piet N.L. & Esposito, Giovanni, 2015. "A review on dark fermentative biohydrogen production from organic biomass: Process parameters and use of by-products," Applied Energy, Elsevier, vol. 144(C), pages 73-95.
    19. Oncel, Suphi S., 2013. "Microalgae for a macroenergy world," Renewable and Sustainable Energy Reviews, Elsevier, vol. 26(C), pages 241-264.
    20. Aniya, Vineet & De, Debiparna & Singh, Ashish & Satyavathi, B., 2018. "Design and operation of extractive distillation systems using different class of entrainers for the production of fuel grade tert-butyl Alcohol:A techno-economic assessment," Energy, Elsevier, vol. 144(C), pages 1013-1025.

    More about this item

    Keywords

    Acrocomia aculeata; Economy; Transesterification;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:40:y:2013:i:c:p:819-824. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.