In the last years an increased discussion around bio fuel has been recognised. The motivations for more intense focus on this sector have been for different reasons. This start with the decoupling the dependency of crude oil and what mean more independent form other countries. Our economical system is also depending on the constantly delivering of the demand amount of crude oil at all time and also for a reasonable price. This has direct impact in our competition delivering of product on the world marked and therefore also for the gross income of the state.
The goal of this study is an interdisciplinary scientific work. Main focus is on business economics, but on the base of existing technology to produce bio diesel fuel.
The subject should for the bio diesel fuel plant follow the economic efficiency as well as economically and technically aspects. At the moment there are none published data or support for investors or companies, who wants to aim this market strategically.
This contribution explains the most important parameters for a management decision of a investing into a bio diesel fuel plant and penetrating this market or not (cut off for market information is calendar week 26 in July 2010).
The study will reinforces and supported through all part of the work with literature research.
Table of contents
1 Motive and the purpose of the work
1.1 Scope and approach of the scientific work
1.2 Quality assurance of the literature sources
2 Climate changes and climate protection
2.1 Fossil fuel
2.2 Summary
3 Renewable energy
3.1 Biofuel
3.2 Biodiesel
3.3 Vegetable oil
3.4 Bioethanol
3.5 Biofuel in the future
3.6 Summary of the comparison of Biofuel
3.7 Summary and Outlook on biofuels
4 Renewable Raw Materials
5 Framework of Existing Legislation
5.1 Update Tax Issue in Germany with regard to B100
5.2 Update Blending of Diesel with Biodiesel
6 Technical description
6.1 Bio diesel plant
6.2 Biodiesel production process
6.3 Mechanical pressing
6.4 Extraction
6.5 Transesterification
6.6 Total process
7 The Case “Biodiesel Plant XYZ”
8 Market Overview
9 Economic calculation
9.1 Investment
9.2 Plant specifications and capacities
9.3 Price development
9.4 By-products
9.5 Price development in generals
10 Cost structure of the biodiesel production
10.1 Key Financials
10.2 Profit and Loss Statement
10.3 Return Sheet
10.4 Cash Flow Statement
10.5 Stress tests
10.6 Summary for biodiesel plant in Germany
11 Slovakia
11.1 Agriculture key facts for Germany
11.2 Agriculture key facts for Slovakia
11.3 Estimation of biodiesel production in Slovakia
11.4 Summary oil fruits in Slovakia
12 Miscellaneous data on green market and biofuel
12.1 Life Cycle Assessment of Biodiesel
12.2 Glycerol
12.3 Strategy for the green -business and -facilities
12.4 Use of biofuel power plants for the real estate
12.5 Potential use of energy for power plants in Slovakia
A Technical setup of a biodiesel plant
B Investment Mathematic
B.1 Origins of the investment
B.2 Static methods
B.3 Dynamic methods (Finance-mathematical methods)
Objectives & Themes
This thesis examines the economic and technical feasibility of operating a large-scale biodiesel production plant in Germany, while exploring the potential for similar initiatives in Slovakia. The core research question addresses whether biodiesel remains a viable and profitable investment despite fluctuating market prices and changing legislative frameworks.
- Technical layout and production processes for industrial biodiesel plants.
- Economic analysis, including investment costs, operational expenses, and market price development.
- Impact of current German energy legislation and tax policies on biodiesel profitability.
- Stress testing various production and sales scenarios to determine financial stability.
- Estimation of biomass potential and biofuel production capabilities in Slovakia.
Excerpt from the book
1.1 Scope and approach of the scientific work
The goal of this study is an interdisciplinary scientific work. Main focus is on business economics, but on the base of existing technology to produce bio diesel fuel.
The subject should for the bio diesel fuel plant follow the economic efficiency as well as economically and technically aspects. At the moment there are none published data or support for investors or companies, who wants to aim this market strategically.
This contribution explains the most important parameters for a management decision of a investing into a bio diesel fuel plant and penetrating this market or not.
Main focus of this work will be the Germany market and laws. With some changes this work can also be used for other countries. The main changes will be the specially the domestic laws, market prises, logistic and marketing.
The first phase of this study will start with the fundamentals of the bio fuels and tangential themes. This is to get a general over view over this sector.
The second phase of this work will be to go through a project development- /business- plan on an example of a bio diesel fuel plant. Here will fundamental emissions about the stockpile, logistic, production and products, the market and over finance mathematical parameter calculate the outcome of a bio diesel plant (cut off for market information is calendar week 26 in July 2010).
Summary of Chapters
1 Motive and the purpose of the work: Introduces the growing interest in biofuels driven by the need for independence from fossil fuels and climate protection initiatives.
2 Climate changes and climate protection: Discusses the link between fossil fuel consumption, increasing CO2 emissions, and global climate changes.
3 Renewable energy: Provides an overview of renewable energy sources, focusing on the production, benefits, and future of various biofuels like biodiesel, vegetable oil, and bioethanol.
4 Renewable Raw Materials: Analyzes the availability and cultivation of energy crops in Germany and their role in the production of biofuels.
5 Framework of Existing Legislation: Examines the legal and tax environment in Germany for biofuels, including recent amendments in quotas and tax exemptions.
6 Technical description: Describes the technical setup and production steps required for a standard biodiesel plant.
7 The Case “Biodiesel Plant XYZ”: Defines a hypothetical biodiesel plant used as a model for economic and profitability analysis.
8 Market Overview: Surveys the market landscape for biodiesel, highlighting growth trends and the competitive environment in Germany.
9 Economic calculation: Details the investment requirements, plant specifications, and the pricing development of products and by-products.
10 Cost structure of the biodiesel production: Evaluates the financial viability through profit and loss statements, return sheets, cash flow projections, and stress tests.
11 Slovakia: Offers a rough estimation of the agricultural potential and feasibility of biodiesel production in Slovakia.
12 Miscellaneous data on green market and biofuel: Covers broader topics such as life cycle assessment (LCA), by-product utilization, and strategies for sustainable business facilities.
Keywords
Biodiesel, Bioethanol, Renewable Energy, Fossil Fuels, Climate Change, Business Plan, Economic Calculation, Germany, Slovakia, Tax Policy, Production Process, Life Cycle Assessment, Investment, Profitability, Sustainability
Frequently Asked Questions
What is the core focus of this research?
The work focuses on the economic and technical analysis of establishing and operating a biodiesel plant, primarily within the German market context.
What are the primary themes covered in the study?
The key themes include technological processes for biodiesel production, economic modeling and financial viability, legislative impacts on biofuel support, and an assessment of raw material availability.
What is the primary research goal?
The primary goal is to provide investors and companies with a comprehensive framework for making strategic management decisions regarding investments in biodiesel production.
Which scientific methodologies are utilized?
The study employs interdisciplinary methods, combining technical plant engineering specifications with business economics, financial mathematics for investment analysis, and market-based forecasting.
What is covered in the main body of the text?
The main body covers a thorough technical description of plant design, detailed economic calculations including P&L and cash flow statements, and specific stress tests to evaluate the impact of market price and tax volatility.
Which keywords best describe this work?
Essential keywords include Biodiesel, Investment, Economic Calculation, Germany, Slovakia, Renewable Energy, and Sustainability.
Why are stress tests performed in the financial calculations?
Stress tests are conducted to assess how the project's profitability reacts to significant fluctuations in market prices and changes in the regulatory environment, ensuring a more realistic financial outlook.
Does the work address the potential for biodiesel in Slovakia?
Yes, Chapter 11 provides a brief estimation of Slovakia's agricultural capacity and potential for biodiesel production compared to Germany.
- Arbeit zitieren
- Dipl.-Ing. Per Kleinschmidt (Autor:in), 2010, Methods and micro economy of biodiesel production, München, GRIN Verlag, https://www.hausarbeiten.de/document/162266
