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Environmentally friendly fuel usage: Economic margin of feasibility

Identyfikatory
Warianty tytułu
PL
Przyjazne środowisku wykorzystanie paliw: Analiza ekonomiczna wykonalności
Języki publikacji
EN
Abstrakty
EN
In the world there are two main problems concerning energy and ecology. Despite the crude oil price fluctuation, it has tended to increase. Moreover fossil fuel burning emits hazard compounds, including greenhouse gas. To solve them alternative fuels for vehicle have to be used. In due to properties, their usage impacts on the engine efficiency. The alternative fuel usage needs additional investment costs on the vehicle engines adaptation and fuel supply infrastructure. So, decisions must be based on mathematical apparatus. Three submodels were used in the suggested mathematical model: energy and economic indicator for fuels; energy and economic indicator for vehicles; criteria for investment projects. As a criterion of investment projects the profitability index has been grounded. The mathematical model and the algorithm for determining the feasibility of the alternative fuel utilization have been developed. The proposed algorithm includes the following stages: calculation of the fuel energy cost; calculation of the criteria for vehicles; determining the maximum value of investments; making decisions. Biofuels and gaseous fuels for some countries have been studied. The economic attractiveness of the alternative transport fuels has been presented. According to mathematical modeling, gaseous fuels are more economically attractive compared with liquid biofuels. Among gaseous fuels, LPG has a higher economic efficiency. The economic margin of alternative fuel application feasibility has been determined.
Rocznik
Strony
241--254
Opis fizyczny
Bibliogr. 50 poz., rys., wykr., tab.
Twórcy
  • University of Opole, ul. R. Dmowskiego 7-9, 45-365 Opole, Poland, phone +48 78 732 15 87
  • Poltava State Agrarian Academy, ul. Skovorody 1/3, 36003 Poltava, Ukraine
  • Mykolayiv National Agrarian University (Ukraine), 9 Georgiy Gongadze Str., Mykolayiv, Ukraine, 54020, phone +38 050 184 26 88
Bibliografia
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Uwagi
PL
Opracowanie rekordu w ramach umowy 509/P-DUN/2018 ze środków MNiSW przeznaczonych na działalność upowszechniającą naukę (2019).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-75099d46-5074-445c-824a-0af551295f2f
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