15-11-2012, 05:03 PM
ECONOMICS OF BIODIESEL PRODUCTION FROM JATROPHA OIL
ECONOMICS OF BIODIESEL.ppt (Size: 390 KB / Downloads: 28)
Energy is the driving force in the development of any country.
There exist a strong relationship between economic growth and energy consumption
Even though many options like fuel cell run by hydrogen, electric vehicles etc. are being explored, use of biodiesel as replacement of petro diesel and ethanol in place of petrol are frontline alternatives as they can be used without any modification or change in the existing engines avoiding major additional investment.
Indian Scenario
In Indian Budget deficit is due to Oil Import
Reduction in Foreign Exchange is also due to Oil Import
If Bio fuel used for Transport and Factories Electricity could be fully utilised for household purpose.
Biodiesel has been receiving increasing attention due to its less polluting nature and because it is a renewable energy resource as against the conventional diesel, which is a fossil fuel leading to a potential exhaustion.