Year: 2025
Type: article
Abstract: Biodiesel is a motor fuel that is obtained by transforming rapeseed, soybean or other vegetable oils into methyl esters of fatty acids through an esterification reaction with methanol. It can be used in diesel engines with little or no modification and is often blended with petroleum diesel. In this paper, as part of the economic analysis, an analysis of the cost price of the production of a unit of biodiesel products is given. It is shown which parameters affect the cost price of the unit of the product produced in the biodiesel production plant. Analyzed biodiesel plant is in Skopje in North Macedonia with a projected capacity of 20,000 tons of biodiesel per year. Also, a comparative analysis of different cases was done: the case where during the design and implementation of the production plant the capacity of the production plant would be increased to the level of 25,000 tons of produced biodiesel, as well as to the level of 30,000 tons of produced biodiesel. It was also shown how the use a sufficient level of soybean oil would affect on the cost price of the unit of the biodiesel product. All the data that are used in this research are obtained based on the actual data of this biodiesel plant.
Source: Ekonomika poljoprivrede
Authors: Iva Batić, Miroljub Babić
Institution: University of Belgrade
Language: English
Subfield: Biomedical Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: diamond
OpenAlex ID: W4411359789