Economic simulation of biodiesel production: SIMB-E tool
Recently biodiesel has been receiving increasing attention as an alternative fuel due to its environmental benefits. It is derived from renewable sources which are considered as strategic opportunities to favor environmental sustainability, to improve the population's quality of life and to promote the development of more efficient and equitable economic systems. Besides technical aspects, economics feasibility is also of great importance to access the biodiesel production viability. This paper traces the development of a software tool capable of performing economic analysis of different biodiesel plants considering the contemporary industry practices. The economic indexes considered during the analysis are the net present value (NVP), the Benefit–Costs Ratio (BCR), the Capital Return Time (CRT) and the Internal Rate of Return (IRR). Fixed capital costs, operating costs, depreciation, and auxiliary costs are also taken into account for the economic calculations.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:33:y:2011:i:6:p:1138-1145. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.