IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v86y2016icp1422-1432.html
   My bibliography  Save this article

Organic municipal solid waste (MSW) as feedstock for biodiesel production: A financial feasibility analysis

Author

Listed:
  • Gaeta-Bernardi, André
  • Parente, Virginia

Abstract

The pursuit towards an alternative solution to fossil fuel has facilitated science investigation initiatives that compare various options leading to biodiesel production. Besides conventional feedstock derived from vegetable oils, alternative sources that could be produce in large scale at competitive costs are the main scope of research in this field. This paper investigates the financial feasibility using organic solid waste as a feedstock, which results in the production of biodiesel through the conversion of volatile fatty acids into lipids (VFA). As a result, based on existing references of capital and operating costs, production and extraction yields for VFA and lipids and an internal rate of return of 15% in real terms, we concluded that biodiesel production is competitive compared to subsidized biodiesel traded in regions of Europe and the United States. These results encourage research aims to examine this technology at a larger scale. The adoption of public policies for the urban waste's disposal and collection, to reduced municipality's costs associated to the treatment, is also important for the implementation of these technologies.

Suggested Citation

  • Gaeta-Bernardi, André & Parente, Virginia, 2016. "Organic municipal solid waste (MSW) as feedstock for biodiesel production: A financial feasibility analysis," Renewable Energy, Elsevier, vol. 86(C), pages 1422-1432.
    • Handle: RePEc:eee:renene:v:86:y:2016:i:c:p:1422-1432
    DOI: 10.1016/j.renene.2015.08.025
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148115302251
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2015.08.025?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. Pierre Vernimmen & Pascal Quiry & Maurizio Dallocchio & Yann Le Fur & Antonio Salvi, 2011. "Corporate finance : Theory and practice," Post-Print hal-02298161, HAL.
    2. Sen, Samil & Babali, Tuncay, 2007. "Security concerns in the Middle East for oil supply: Problems and solutions," Energy Policy, Elsevier, vol. 35(3), pages 1517-1524, March.
    3. Atabani, A.E. & Silitonga, A.S. & Badruddin, Irfan Anjum & Mahlia, T.M.I. & Masjuki, H.H. & Mekhilef, S., 2012. "A comprehensive review on biodiesel as an alternative energy resource and its characteristics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(4), pages 2070-2093.
    4. Terry Tamminen, 2011. "Cracking the Carbon Code," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-11670-2, December.
    5. Charles, Michael B. & Ryan, Rachel & Ryan, Neal & Oloruntoba, Richard, 2007. "Public policy and biofuels: The way forward?," Energy Policy, Elsevier, vol. 35(11), pages 5737-5746, November.
    6. Janaun, Jidon & Ellis, Naoko, 2010. "Perspectives on biodiesel as a sustainable fuel," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(4), pages 1312-1320, May.
    7. Amanor-Boadu, Vincent & Pfromm, Peter H. & Nelson, Richard, 2014. "Economic feasibility of algal biodiesel under alternative public policies," Renewable Energy, Elsevier, vol. 67(C), pages 136-142.
    8. Chapman, Ian, 2014. "The end of Peak Oil? Why this topic is still relevant despite recent denials," Energy Policy, Elsevier, vol. 64(C), pages 93-101.
    9. Cherubini, Francesco & Bargigli, Silvia & Ulgiati, Sergio, 2009. "Life cycle assessment (LCA) of waste management strategies: Landfilling, sorting plant and incineration," Energy, Elsevier, vol. 34(12), pages 2116-2123.
    10. Nair, Sujith & Paulose, Hanna, 2014. "Emergence of green business models: The case of algae biofuel for aviation," Energy Policy, Elsevier, vol. 65(C), pages 175-184.
    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. Tamás Mizik & Gábor Gyarmati, 2021. "Economic and Sustainability of Biodiesel Production—A Systematic Literature Review," Clean Technol., MDPI, vol. 3(1), pages 1-18, January.
    2. Shu, Qing & Tang, Guoqiang & Lesmana, Herry & Zou, Laixi & Xiong, Daolin, 2018. "Preparation, characterization and application of a novel solid Brönsted acid catalyst SO42−/La3+/C for biodiesel production via esterification of oleic acid and methanol," Renewable Energy, Elsevier, vol. 119(C), pages 253-261.
    3. Zachary Smith & Blesson Isaac & Jaya Shankar Tumuluru & Neal Yancey, 2023. "Grinding and Pelleting Characteristics of Municipal Solid Waste Fractions," Energies, MDPI, vol. 17(1), pages 1-14, December.
    4. Dek Vimean Pheakdey & Nguyen Van Quan & Tran Dang Khanh & Tran Dang Xuan, 2022. "Challenges and Priorities of Municipal Solid Waste Management in Cambodia," IJERPH, MDPI, vol. 19(14), pages 1-27, July.
    5. Do, Truong Xuan & Lim, Young-il & Cho, Hyodeuk & Shim, Jaehui & Yoo, Jeongkeun & Rho, Kyutai & Choi, Seong-Geun & Park, Chanwoo & Park, Byeong-Yun, 2018. "Techno-economic analysis of fry-drying and torrefaction plant for bio-solid fuel production," Renewable Energy, Elsevier, vol. 119(C), pages 45-53.
    6. Monteiro, Rodolpho R.C. & Arana-Peña, Sara & da Rocha, Thays N. & Miranda, Letícia P. & Berenguer-Murcia, Ángel & Tardioli, Paulo W. & dos Santos, José C.S. & Fernandez-Lafuente, Roberto, 2021. "Liquid lipase preparations designed for industrial production of biodiesel. Is it really an optimal solution?," Renewable Energy, Elsevier, vol. 164(C), pages 1566-1587.
    7. Gao, Feng & Cui, Wei & Xu, Jing-Ping & Li, Chen & Jin, Wei-Hong & Yang, Hong-Li, 2019. "Lipid accumulation properties of Chlorella vulgaris and Scenedesmus obliquus in membrane photobioreactor (MPBR) fed with secondary effluent from municipal wastewater treatment plant," Renewable Energy, Elsevier, vol. 136(C), pages 671-676.
    8. Wainaina, Steven & Awasthi, Mukesh Kumar & Horváth, Ilona Sárvári & Taherzadeh, Mohammad J., 2020. "Anaerobic digestion of food waste to volatile fatty acids and hydrogen at high organic loading rates in immersed membrane bioreactors," Renewable Energy, Elsevier, vol. 152(C), pages 1140-1148.
    9. Mizik, Tamás & Gyarmati, Gábor, 2022. "A biodízel-termelés gazdasági és fenntarthatósági vizsgálata szakirodalom-elemzéssel [Systematic literature review on the economic dimension and sustainability aspects of biodiesel production]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 643-669.
    10. Charlotte Stead & Zia Wadud & Chris Nash & Hu Li, 2019. "Introduction of Biodiesel to Rail Transport: Lessons from the Road Sector," Sustainability, MDPI, vol. 11(3), pages 1-20, February.
    11. Lee, Yeol-Lim & Kim, Kyoung-Jin & Hong, Ga-Ram & Ahn, Seon-Yong & Kim, Beom-Jun & Shim, Jae-Oh & Roh, Hyun-Seog, 2021. "Highly sulfur tolerant and regenerable Pt/CeO2 catalyst for waste to energy," Renewable Energy, Elsevier, vol. 178(C), pages 334-343.

    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. Azad, A.K. & Rasul, M.G. & Khan, M.M.K. & Sharma, Subhash C. & Mofijur, M. & Bhuiya, M.M.K., 2016. "Prospects, feedstocks and challenges of biodiesel production from beauty leaf oil and castor oil: A nonedible oil sources in Australia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 302-318.
    2. Bhuiya, M.M.K. & Rasul, M.G. & Khan, M.M.K. & Ashwath, N. & Azad, A.K., 2016. "Prospects of 2nd generation biodiesel as a sustainable fuel—Part: 1 selection of feedstocks, oil extraction techniques and conversion technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1109-1128.
    3. Nongbe, Medy C. & Ekou, Tchirioua & Ekou, Lynda & Yao, Kouassi Benjamin & Le Grognec, Erwan & Felpin, François-Xavier, 2017. "Biodiesel production from palm oil using sulfonated graphene catalyst," Renewable Energy, Elsevier, vol. 106(C), pages 135-141.
    4. Anuar, Mohd Razealy & Abdullah, Ahmad Zuhairi, 2016. "Challenges in biodiesel industry with regards to feedstock, environmental, social and sustainability issues: A critical review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 208-223.
    5. Khalil, Munawar & Berawi, Mohammed Ali & Heryanto, Rudi & Rizalie, Akhmad, 2019. "Waste to energy technology: The potential of sustainable biogas production from animal waste in Indonesia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 105(C), pages 323-331.
    6. Mat Yasin, Mohd Hafizil & Mamat, Rizalman & Najafi, G. & Ali, Obed Majeed & Yusop, Ahmad Fitri & Ali, Mohd Hafiz, 2017. "Potentials of palm oil as new feedstock oil for a global alternative fuel: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 1034-1049.
    7. Nitièma-Yefanova, Svitlana & Coniglio, Lucie & Schneider, Raphaël & Nébié, Roger H.C. & Bonzi-Coulibaly, Yvonne L., 2016. "Ethyl biodiesel production from non-edible oils of Balanites aegyptiaca, Azadirachta indica, and Jatropha curcas seeds – Laboratory scale development," Renewable Energy, Elsevier, vol. 96(PA), pages 881-890.
    8. Sanjid, A. & Masjuki, H.H. & Kalam, M.A. & Rahman, S.M. Ashrafur & Abedin, M.J. & Palash, S.M., 2013. "Impact of palm, mustard, waste cooking oil and Calophyllum inophyllum biofuels on performance and emission of CI engine," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 664-682.
    9. Laviola, Bruno Galvêas & Rodrigues, Erina Vitório & Teodoro, Paulo Eduardo & Peixoto, Leonardo de Azevedo & Bhering, Leonardo Lopes, 2017. "Biometric and biotechnology strategies in Jatropha genetic breeding for biodiesel production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 894-904.
    10. Zulqarnain & Muhammad Ayoub & Mohd Hizami Mohd Yusoff & Muhammad Hamza Nazir & Imtisal Zahid & Mariam Ameen & Farooq Sher & Dita Floresyona & Eduardus Budi Nursanto, 2021. "A Comprehensive Review on Oil Extraction and Biodiesel Production Technologies," Sustainability, MDPI, vol. 13(2), pages 1-28, January.
    11. Bhuiya, M.M.K. & Rasul, M.G. & Khan, M.M.K. & Ashwath, N. & Azad, A.K. & Hazrat, M.A., 2016. "Prospects of 2nd generation biodiesel as a sustainable fuel – Part 2: Properties, performance and emission characteristics," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1129-1146.
    12. Guldhe, Abhishek & Singh, Bhaskar & Mutanda, Taurai & Permaul, Kugen & Bux, Faizal, 2015. "Advances in synthesis of biodiesel via enzyme catalysis: Novel and sustainable approaches," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 1447-1464.
    13. Bari, S. & Saad, Idris, 2015. "Optimization of vane numbers through simulation and experiment, and investigation of the effect on the performance and emissions of a CI (compression ignition) engine run with biodiesel," Energy, Elsevier, vol. 79(C), pages 248-263.
    14. Mofijur, M. & Masjuki, H.H. & Kalam, M.A. & Hazrat, M.A. & Liaquat, A.M. & Shahabuddin, M. & Varman, M., 2012. "Prospects of biodiesel from Jatropha in Malaysia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(7), pages 5007-5020.
    15. Chakraborty, Rajat & Gupta, Abhishek.K. & Chowdhury, Ratul, 2014. "Conversion of slaughterhouse and poultry farm animal fats and wastes to biodiesel: Parametric sensitivity and fuel quality assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 29(C), pages 120-134.
    16. Baskar, G. & Aiswarya, R., 2016. "Trends in catalytic production of biodiesel from various feedstocks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 496-504.
    17. Atadashi, I.M. & Aroua, M.K. & Abdul Aziz, A.R. & Sulaiman, N.M.N., 2012. "The effects of water on biodiesel production and refining technologies: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(5), pages 3456-3470.
    18. Almeida, T.A. & Rodrigues, I.A. & Estrela, T.S. & Nunes, C.N.F. & Machado, L.L. & Leão, K.V. & Barros, I.C.L. & Amorim, F.A.C. & Braga, V.S., 2016. "Synthesis of ethyl biodiesel from soybean oil, frying oil and chicken fat, using catalysts based on vanadium pentoxide," Energy, Elsevier, vol. 97(C), pages 528-533.
    19. Sevigné Itoiz, E. & Gasol, C.M & Farreny, R. & Rieradevall, J. & Gabarrell, X., 2013. "CO2ZW: Carbon footprint tool for municipal solid waste management for policy options in Europe. Inventory of Mediterranean countries," Energy Policy, Elsevier, vol. 56(C), pages 623-632.
    20. Behnam Tabatabai & Afua Adusei & Alok Kumar Shrivastava & Prashant Kumar Singh & Viji Sitther, 2020. "Nitrogen Deprivation in Fremyella diplosiphon Augments Lipid Production without Affecting Growth," Energies, MDPI, vol. 13(21), pages 1-12, November.

    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:renene:v:86:y:2016:i:c:p:1422-1432. 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.journals.elsevier.com/renewable-energy .

    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.