Process Design, Techno-Economic Modelling, and Uncertainty Analysis of Biodiesel Production from Palm Kernel Oil

被引:11
|
作者
Oke, Emmanuel Olusola [1 ]
Okolo, Bernard Ibezim [1 ]
Adeyi, Oladayo [1 ]
Adeyi, John Abiola [2 ]
Ude, Chiamaka Joan [1 ]
Osoh, Kufre [1 ]
Otolorin, John [1 ]
Nzeribe, Ikenna [1 ]
Darlinton, Nnabodo [1 ]
Oladunni, Sunday [3 ]
机构
[1] Michael Okpara Univ Agr, Dept Chem Engn, Umudike, Nigeria
[2] Ladoke Akintola Univ Technol, Dept Mech Engn, Ogbomosho, Nigeria
[3] Ladoke Akintola Univ Technol, Dept Chem Engn, Ogbomosho, Nigeria
关键词
Simulation; Techno-economic model; Payback time; Net present value; RENEWABLE ENERGY; CATALYST; OPTIMIZATION; EGGSHELL; IMPACTS; WASTES; GREEN; OXIDE; ACID;
D O I
10.1007/s12155-021-10315-y
中图分类号
TE [石油、天然气工业]; TK [能源与动力工程];
学科分类号
0807 ; 0820 ;
摘要
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.
引用
收藏
页码:1355 / 1369
页数:15
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