Economics of biodiesel production

Camilla Christiansen, Anne Skov Ladegaard, Mathias Nordblad & John Woodley
EU has determined that 10 % of all fuel used in 2020 should be replaced by a biofuel. That substitute could be biodiesel. This project deals with the possibility of replacing 10 % of the used fuel in Denmark by biodiesel. Furthermore a comparison of the economic evaluation of two different plants was done. The crucial difference between the plants was purchase of the catalyst, enzymatic or chemical, with a difference of 17.3 mil. kr....
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