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Techno-economic evaluation of third-generation bioethanol production utilizing the macroalgae waste: A case study in Malaysia

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  • Chong, Ting Yen
  • Cheah, Siang Aun
  • Ong, Chin Tye
  • Wong, Lee Yi
  • Goh, Chern Rui
  • Tan, Inn Shi
  • Foo, Henry Chee Yew
  • Lam, Man Kee
  • Lim, Steven

Abstract

Production of third-generation bioethanol from macroalgae cellulosic residue (MCR) has received increasing interest from researchers to utilize waste for valuable product creation effectively. In this study, a techno-economic assessment to produce anhydrous bioethanol from MCR in Malaysia had been conducted by using Aspen Plus V10 and other computer-aided softwares. Kota Kinabalu Industrial Park at Sabah was identified and selected as a proper location to produce the anhydrous bioethanol based on a framework structured by the Triple Bottom Line. The overall results from the present study showed that 15833.3 kg/h of MCR was required to produce 7626 kg/h of anhydrous bioethanol. It was also found that the energy utilization could be reduced up to 32% with net energy ratio of 0.53 after implementing the Heat Exchanges Networks Synthesis and a series of process optimization. In 20 years of plant life, the pay-back period was 8 years with an internal rate of return of 23.17%. The minimum selling price of anhydrous bioethanol was estimated to be $ 0.54/kg and able to compete with the market prices of bioethanol derived from other feedstocks.

Suggested Citation

  • Chong, Ting Yen & Cheah, Siang Aun & Ong, Chin Tye & Wong, Lee Yi & Goh, Chern Rui & Tan, Inn Shi & Foo, Henry Chee Yew & Lam, Man Kee & Lim, Steven, 2020. "Techno-economic evaluation of third-generation bioethanol production utilizing the macroalgae waste: A case study in Malaysia," Energy, Elsevier, vol. 210(C).
    • Handle: RePEc:eee:energy:v:210:y:2020:i:c:s0360544220315991
    DOI: 10.1016/j.energy.2020.118491
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    Cited by:

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    3. Szulczyk, Kenneth R. & Tan, Yeng-May, 2022. "Economic feasibility and sustainability of commercial bioethanol from microalgal biomass: The case of Malaysia," Energy, Elsevier, vol. 253(C).
    4. Lim, Yee Kai & Tan, Inn Shi & Foo, Henry Chee Yew & Tan, Yie Hua & Lam, Man Kee & Wong, Mee Kee, 2024. "Exergetic and exergoeconomic analyses of Eucheuma cottoni residue biorefinery for co-production of polylactic acid and electricity," Energy, Elsevier, vol. 300(C).

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