In this study, a novel low power, high frequency piezoelectric-based ultrasonic reactor was developed and evaluated for intensifying the transesterification process. The reactor was equipped with an automatic temperature control system, a heating element, a precise temperature sensor, and a piezoelectric-based ultrasonic module. The conversion efficiency and specific energy consumption of the reactor were examined under different operational conditions, i.e., reactor temperature (40‒60 °C), ultrasonication time (6‒10 min), and alcohol/oil molar ratio (4:1‒8:1). Transesterification of waste cooking oil (WCO) was performed in the presence of a base-catalyst (potassium hydroxide) using methanol. According to the obtained results, alcohol/oil molar ratio of 6:1, ultrasonication time of 10 min, and reactor temperature of 60 °C were found as the best operational conditions. Under these conditions, the reactor converted WCO to biodiesel with a conversion efficiency of 97.12%, meeting the ASTM standard satisfactorily, while the lowest specific energy consumption of 378 kJ/kg was also recorded. It should be noted that the highest conversion efficiency of 99.3 %, achieved at reactor temperature of 60 °C, ultrasonication time of 10 min, and alcohol/oil molar ratio of 8:1, was not favorable as the associated specific energy consumption was higher at 395 kJ/kg. Overall, the low power, high frequency piezoelectric-based ultrasonic module could be regarded as an efficient and reliable technology for intensifying the transesterification process in terms of energy consumption, conversion efficiency, and processing time, in comparison with high power, low frequency ultrasonic system reported previously. Finally, this technology could also be considered for designing, developing, and retrofitting chemical reactors being employed for non-biofuel applications as well.