Abstract
Recent movements for the decarbonization of the electricity sector have become a priority for many countries around the world and will inevitably lead to the sharp decline of fossil-fuel-based energy. Energy from fossil fuels is to be replaced by renewable energy sources (RES), although the transition will neither be cheap nor smooth. One sustainable and environmentally friendly alternative to fossil fuels and which will take a considerable share in the increasing supply of renewable energy resources is biofuels. There are various types of biofuels used in practice; however, biodiesels represent one of the most popular and widespread ones. This paper focuses as a case study on the byproducts of Jatropha curcas, a crop and a plant that is already used for biofuel production and which is subsequently employed in electricity generation in Jatropha curcas producing regions. This paper identifies the limitations and prospects of Jatropha curcas utilization. Also, Jatropha curcas is compared to other materials suitable for biomass generation. An economic analysis for a 2 MW biofuel powerplant was conducted incorporating various market-related risks. The study shows that at current prices, net profitability can be achieved using Jatropha curcas byproducts for producing electricity.
Highlights
On 1 January 2016, the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda—adopted by world leaders in September 2015 at an historic United Nations (UN) summit—officially came into force.Over the fifteen years, with these new Goals that universally apply to all, countries mobilized efforts to end all forms of poverty, fight inequalities, and tackle climate change, while ensuring that no one is left behind [1].Electrification of rural areas in developing countries is considered fundamental for reducing energy poverty and meeting the SDGs
This paper focused on the use of Jatropha curcas as a potentially useful source of renewable energy, This paper focused on the use of Jatropha Curcas as a potentially useful source of renewable which was discussed in October 2008 in the European Parliament
In order to proceed to an estimation of an ARIMA model, it is essential to test the variable for the existence of a unit root
Summary
On 1 January 2016, the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda—adopted by world leaders in September 2015 at an historic United Nations (UN) summit—officially came into force. Electrification of rural areas in developing countries is considered fundamental for reducing energy poverty and meeting the SDGs. Provision of electricity to rural areas through national grids is costly per unit of electricity because rural consumers are more scattered and typically buy less electricity per consumer compared to urban consumers. Instead of bringing the national grid to rural consumers, community scale electricity production units may be a more realistic solution for supplying electricity at a reasonable cost per kWh, and biomass-based electricity generation is deemed to have potential [2,3]
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