doiSerbia

Rectified ethanol production cost analysis

Budimir Nikola J. (Innovation center of Faculty of Mechanical Engineering, Belgrade)
Jarić Marko S. (Innovation center of Faculty of Mechanical Engineering, Belgrade)
Jaćimović Branislav M. (Faculty of Mechanical Engineering, Belgrade)
Genić Srbislav B. (Faculty of Mechanical Engineering, Belgrade)
Jaćimović Nikola B. (Pipetech Jocic, Im Eichtal, Baden, Switzerland)

This paper deals with the impact of the most important factors of the total production costs in bioethanol production. The most influential factors are: total investment costs, price of raw materials (price of biomass, enzymes, yeast), and energy costs. Taking into account these factors, a procedure for estimation total production costs was establish. In order to gain insight into the relationship of production and selling price of bioethanol, price of bioethanol for some countries of the European Union and the United States are given.

Keywords: bioethanol, investment costs, operating costs, total production costs