Abstract
Biofuels play an increasingly important role in motor fuel market. The list of biofuels (bio-components) in accordance with EU legislations contains a number of substances not widely used in the market. Traditionally these include: fatty acid methyl esters (FAME, in the Czech Republic methyl ether of rape seed oil) and bioethanol (also ethyl terc. buthyl ether ETBE, based on bioethanol). The availability and possible utilizations of bio-component fuels in Czech Republic and Serbia are discussed. Additional attention is paid on the identification of the possibilities to improve effectiveness of rape seeds cultivation and utilization of by-products from FAME production (utilization of sew, rape-meal and glycerol) which will allow fulfilment of the sustainability criteria for the first generation biofuels. The new approaches on renewable co-processing are commented. The concept of 3E (emissions, energy demand, and economics) is introduced specifying three main attributes for effective production of FAME production in accordance with legal compliances. Bio-components price change is analyzed in comparison to the price of motor fuels, identifying possible (speculative) crude price break-even point at the level of 149-176 USD/bbl at which point bio-fuels would become economically cost effective for the use by refiners.
Highlights
Biofuels play an increasingly important role in the motor fuel market
It could be concluded that the FAME price settlement is based on the quoted diesel price plus margin, while the price of bioethanol is more driven by production cost becoming at times cheaper than gasoline
The traditional methods of ethanol production are not the subject of detailed analysis presented in this article, but rather the energy balance and greenhouse gas (GHG) emissions that are the issues in the traditional fuel production
Summary
Biofuels have become an important part of the motor fuel production portfolio throughout Europe, as well as across the world. − The replacement of fossil fuels due to its availability as natural resource, import independency, reduction of GHG emissions (suspected to have impact on global warming), use of land in the developed countries due to over-production of agricultural food [1];. − EU legislations in practise throughout EU countries such as Directive 2009/28/ES aim to reach up to. 20% renewable resources on total energy consumption and/or 10% in transportation share in the EU; each EU country applies a different target on share on total energy consumption (Table 1) [2] but all have set a goal at 10% in transportation;. − Sustainability based on criteria on GHG emissions
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