In this context, this paper assesses the technical and economic feasibility of producing HVO using waste vegetable oil (WVO) as feedstock, with the help of a simulation model that maximizes the integration of renewable energy sources.
How much does waste vegetable oil cost?
The cost of waste vegetable oil and the price for HVO have been based on the data provided by the biodiesel broker Greenea . The margin between the price of the final product and the cost of the raw material has been reported to be the interval 150¨C400 /t, in the period between January 2017 and January 2020.
Can hydrotreated vegetable oil replace fossil diesel?
Among the diesel substitutes, hydrotreated vegetable oil (HVO) is considered one of the most promising options, since it can be blended with fossil diesel without limitations.