Feasibility Study of Small Scale Ethanol Production from Cassava in Thailand
October 31, 2008| |
Mahidol University in Thailand studied the feasibility of a small scale ethanol plant producing gasohol additive. The economic feasibility was investigated by net present value (NPV), internal rate of return (IRR), benefit-cost ratio (B/C ratio) and payback period. Financial analysis suggested that the project was worth pursuing and had a fair ability to make a profit. Overall however, the small scale ethanol plant did not seem a suitable option in the country as part of the national energy program.
In addition, a review of the gasohol engine test found that emission of NOX and CO from gasohol was less than from gasoline. Fuel consumption using gasohol was greater than gasoline by 0.8-1.4% but there was no significant difference in average maximum power when using gasoline or gasohol.
The full article is available for viewing at http://www.safetybio.agri.kps.ku.ac.th/index.php?option=com_content&task=view&id=3850&Itemid=47
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