Process Design, Techno-Economic Modelling, and Uncertainty Analysis of Biodiesel Production from Palm Kernel Oil
| العنوان: | Process Design, Techno-Economic Modelling, and Uncertainty Analysis of Biodiesel Production from Palm Kernel Oil |
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| المؤلفون: | E. O. Oke, B. I. Okolo, Nnabodo Darlinton, Ikenna Nzeribe, Oladayo Adeyi, J. A. Otolorin, Sunday O. Oladunni, John Abiola Adeyi, Chiamaka Joan Ude, Kufre Osoh |
| المصدر: | BioEnergy Research. 15:1355-1369 |
| بيانات النشر: | Springer Science and Business Media LLC, 2021. |
| سنة النشر: | 2021 |
| مصطلحات موضوعية: | Design–Expert, Renewable Energy, Sustainability and the Environment, business.industry, Monte Carlo method, Palm kernel, Biodiesel production, Batch processing, Production (economics), Palm kernel oil, Process engineering, business, Agronomy and Crop Science, Uncertainty analysis, Energy (miscellaneous), Mathematics |
| الوصف: | This study presented ASPEN Base Case Simulation (BCS) using optimum laboratory experimental data, techno-economic predictive models, and multi-objective optimum profitability scenario of biodiesel production from palm kernel oil. The BCS was developed in ASPEN Batch Process Developer V10 environment. Predictive models for predicting and optimizing techno-economic parameters: return on investment (ROI), payback time (PBT), net present value (NPV), and production capacity (PC) were achieved in Historical Data Design of Design Expert. The Oracle Crystal Ball was used for Monte Carlo Simulation (MCS) model uncertainty and sensitivity verification. The BCS results for 3,000,000 kg/year gave batch size, production rate, production batch number 13,482.48 kg, 5.72 kg/min, and 223 batches/year respectively. The correlation coefficients of ROI, PBT, NPV, and PC predictive models are 0.969, 0.982, 0.987, and 0.987, respectively. The MCS certainty of the techno-economic models gave a negligible uncertain value (certainty = 100%). The optimum ROI, PBT, NPV, and PC were feasible at 39.9%, 2.48 years, $1,001,320, and 3,000,690 kg, respectively. Thus, ASPEN Batch Process Developer and Monte Carlo Simulation are capable of performing palm kernel biodiesel production techno-economic and sensitivity analyses. |
| تدمد: | 1939-1242 1939-1234 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::ad4cfff2322e599a2c12f197ee17ea36 https://doi.org/10.1007/s12155-021-10315-y |
| حقوق: | CLOSED |
| رقم الأكسشن: | edsair.doi...........ad4cfff2322e599a2c12f197ee17ea36 |
| قاعدة البيانات: | OpenAIRE |
Find this article in full text from Springer Verlag. | تدمد: | 19391242 19391234 |
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