1School of Civil, Environmental and Chemical Engineering, RMIT University, Melbourne, Australia
2CSIRO Marine and Atmospheric Research, Aspendale, Australia
3CSIRO Marine and Atmospheric Research, Aspendale,, Australia
4 University of Tasmania, Hobart, Australia
BibTex Citation Data :
@article{IJRED5643, author = {G.J. Griffin and D.F. Batten and T. Beer and P.K. Campbell}, title = {The Costs of Producing Biodiesel from Microalgae in the Asia-Pacific Region}, journal = {International Journal of Renewable Energy Development}, volume = {2}, number = {3}, year = {2013}, keywords = {Asia-Pacific region; biodiesel; economics; microalgae}, abstract = { Capital and operating cost estimates for converting microalgae to oil or biodiesel are compared. These cost comparisons are based on Australian locations, which are expected to fall at the lower end of the cost spectrum in the Asia-Pacific Region and other parts of the world. It is assumed that microalgae are grown in a concentrated saltwater medium in raceway ponds, then are harvested, dewatered and the oil is extracted and converted to biodiesel by transesterification. The size of the desired pond system affects the number of potential locations due to constraints in resource availability. Cost estimates vary significantly due to differences in the assumed oil productivity, the harvesting equipment and the method of converting residual biomass to electric power. A comparison is made with recent cost estimates from other parts of the world, in which the expected costs of microalgae oil production from a number of publicly available sources lay between 0.34–31.0 USD/L. The resulting cost estimates of between 1.37—2.66 USD/L are at the lower end of this scale, thereby confirming that Australia has the potential to be a low-cost producer of algal oil and biodiesel in the Asia-Pacific Region. It was significant that, despite similar assumptions for the microalgae-to-oil process, cost estimates for the final biodiesel or oil price differed by a factor of 2. This highlights the high degree of uncertainty in such economic predictions. }, pages = {105--113} doi = {10.14710/ijred.2.3.105-113}, url = {https://ejournal.undip.ac.id/index.php/ijred/article/view/5643} }
Refworks Citation Data :
Capital and operating cost estimates for converting microalgae to oil or biodiesel are compared. These cost comparisons are based on Australian locations, which are expected to fall at the lower end of the cost spectrum in the Asia-Pacific Region and other parts of the world. It is assumed that microalgae are grown in a concentrated saltwater medium in raceway ponds, then are harvested, dewatered and the oil is extracted and converted to biodiesel by transesterification. The size of the desired pond system affects the number of potential locations due to constraints in resource availability. Cost estimates vary significantly due to differences in the assumed oil productivity, the harvesting equipment and the method of converting residual biomass to electric power. A comparison is made with recent cost estimates from other parts of the world, in which the expected costs of microalgae oil production from a number of publicly available sources lay between 0.34–31.0 USD/L. The resulting cost estimates of between 1.37—2.66 USD/L are at the lower end of this scale, thereby confirming that Australia has the potential to be a low-cost producer of algal oil and biodiesel in the Asia-Pacific Region. It was significant that, despite similar assumptions for the microalgae-to-oil process, cost estimates for the final biodiesel or oil price differed by a factor of 2. This highlights the high degree of uncertainty in such economic predictions.
Article Metrics:
Last update:
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. Articles are freely available to both subscribers and the wider public with permitted reuse.
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options: Creative Commons Attribution-ShareAlike (CC BY-SA). Authors and readers can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (cite to the article or content), provide a link to the license, and indicate if changes were made. If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
Center of Biomass and Renewable Energy (CBIORE), UPT Lab Terpadu 4th Floor, Diponegoro University, Jl. Prof. Soedarto, SH-Tembalang, Semarang Indonesia, Email: ijred@live.undip.ac.id; My Stats
International Journal of Renewable Energy Development (ISSN:2252-4940) published by CBIORE Diponegoro Universityis licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
