Algal biodiesel economy and competition among bio-fuels
2010; Elsevier BV; Volume: 102; Issue: 1 Linguagem: Inglês
10.1016/j.biortech.2010.06.034
ISSN1873-2976
Autores Tópico(s)Global Energy and Sustainability Research
ResumoThis investigation examines the possible results of policy support in developed and developing economies for developing algal biodiesel through to 2040. This investigation adopts the Taiwan General Equilibrium Model-Energy for Bio-fuels (TAIGEM-EB) to predict competition among the development of algal biodiesel, bioethanol and conventional crop-based biodiesel. Analytical results show that algal biodiesel will not be the major energy source in 2040 without strong support in developed economies. In contrast, bioethanol enjoys a development advantage relative to both forms of biodiesel. Finally, algal biodiesel will almost completely replace conventional biodiesel. CO2 reduction benefits the development of the bio-fuels industry.
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