Effective Utilisation of Oil PalmWaste as Renewable Energy : A Comparative Study of Residue Pellets and Residue Usage forElectricity Delivery to Grid

Le résumé fourni par la source

Palm oil is currently the leading player in the global oil trade market. The industry is large and stillconstantly growing, and includes not just potential benefits in terms of an increasing amount ofpalm oil produced, but also advantages in regards to potential utilisation of palm oil residues. Thepalm oil industry produces a large amount of biomass from the production of the oil, whichcould, with the right technology and right financial resources, be converted into sustainablerenewable energy that could provide to the international demand.This thesis aims to investigate the profit potential of selected types of conversion of waste intobioenergy for leading palm oil producers such as Indonesia and Malaysia, and further analyse thecurrent market and sources of financial resources. The study covers the two scenarios regardingboth the generation and supply of electricity to the domestic grid, and to produce palm wastepellets.The result illustrates that when waste is utilised in electricity generation and supplied to the grid itwill be more profitable than when producing pellets. A main reason for this is that the waste hasthe potential of generating a large amount of electricity; this is further compounded by the factthat it can be sold at a premium rate provided by the government. However, the production ofpellets does have potential benefits as well. Most importantly is the smaller initial cost, whichmakes it appealing for smaller actors. Also, because of a growing pellet demand in Europe andworldwide, a lot can happen in the market place for palm waste pellets.The initiatives from the government, which support renewable energy sources and privateinvestors, are essential to the funding of these projects, which in turn makes the palm wasteindustry profitable. The governments of these countries involved are beginning to realise theirmajor roles and the importance that the implementations of their financial support plays. It isgiven these factors that the utilisation of palm waste as a renewable energy has the potential ofbeing an important and successful industry in the future.

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