Feasibility Analysis on Green Business Plan from Biomass

Abstract

The development of alternative energy from the residual resources within the community, such as soybean meal, coconut fiber, corn, sugar cane and rice straw, can create a source of energy called “fuels” for the development of alternative energy in the community sustainable self-reliance. The objectives are 1) to study the factors influencing the decision to use alternative energy as biodiesel in addition to the cost and return factors. 2) to study the trend of community demand for alternative energy using biodiesel and community energy management as alternative energy. The community may have people, who want or do not want to use alternative energy distributed in the community. This research will use the Accidental Sampling method to survey all 400 community members. The best case is a decrease in the cost of biodiesel equipment. The cost of construction and renovation of biodiesel plants has decreased to 12%. For the worst case, there is an increase in the cost of biodiesel equipment. The cost of construction and renovation of biodiesel plants has increased to 12%. In the best case, as a result of the decrease in cost of biodiesel. The cost of construction and renovation of biodiesel plants has decreased. As a result, the project cost is reduced to only Baht 162,400 when analyzing the project's cost and benefits. The project will have a net present value (NPV) of Baht162,029.86, representing a cost to income ratio. The Benefit-to-Cost Ratio is 2 times, and the IRR is 47.47% per annum.