Prospects for production and consumption of second generation biofuels Ukraine
Abstract
Abstract. The article analyzes the current state of production of second generation biofuels in the world and evaluates the possibility of launching such production in Ukraine. The work is topical due to the fact that liquid biofuels can replace a certain share of motor fuels consumed in Ukraine, thus contributing to the strengthening of the country's energy independence. The purpose of the study is to assess feasibility of a project on the production of second generation bioethanol in Ukraine; the task is to carry out a preliminary feasibility study for such a project. The research methods include a review of the existing plants that produce second generation biofuels in the world, assessment and analysis of the main technical and economic indicators of a typical project of this type for the conditions of Ukraine. The obtained results show that under the current conditions (including the petrol price ratio in Ukraine and Europe), the project for the production of lingo-cellulosic bioethanol is feasible only with the sale of the product in the European market (the payback period is within 5 years). For the possibility of profitable production and sale of second generation bioethanol in the domestic market, it is necessary to work towards lowering the capital and operational costs of the project. Ukraine has a big potential of biomass, including lingo-cellulosic feedstock available for the production of second generation biofuels. For the successful implementation of projects in this sector, it is necessary to improve legal basis and conduct scientific and practical work to bring down cost of corresponding technologies.
Key words: biomass, biofuels, second-generation biofuels, lingo-cellulosic feedstock, sustainability criteria
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