Optimization and techno-economic analysis of biodiesel production from Calophyllum inophyllum oil using heterogeneous nanocatalyst

Abstract

The present research work is aimed at reducing the consumption of reactants by process optimization and economic analysis of large-scale commercial plant using techno-economic analysis. The statistical optimization of biodiesel production from Calophyllum inophyllum oil using Zn doped CaO nanocatalyst was used to optimize the conversion efficiency and green chemistry value. The environmental studies on transesterification reaction were done using green chemistry parameters like carbon efficiency, atom economy, reaction mass efficiency, stoichiometric factor and environmental factor. The biodiesel conversion 91.95% was achieved when maintaining the methanol to oil ratio 9.66:1, concentration of catalyst 5% (w/v), time 81.31 min and temperature 56.71 °C with green chemistry value of 0.873. Techno-economic analysis of biodiesel production from Calophyllum inophyllum oil was executed used optimized lab-scale data. The techno-economic analysis of 21 million kg/year biodiesel production plant was investigated. The annual biodiesel revenue of 15,224,000 $/yr and the payback period was about 1.15 years.