2018
DOI: 10.3390/en11030588
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A Non-Probabilistic Solution for Uncertainty and Sensitivity Analysis on Techno-Economic Assessments of Biodiesel Production with Interval Uncertainties

Abstract: Abstract:Techno-economic assessments (TEA) of biodiesel production may comply with various economic and technical uncertainties during the lifespan of the project, resulting in the variation of many parameters associated with biodiesel production, including price of biodiesel, feedstock price, and rate of interest. Engineers may only collect very limited information on these uncertain parameters such as their variation intervals with lower and upper bound. This paper proposes a novel non-probabilistic strategy… Show more

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Cited by 14 publications
(6 citation statements)
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References 70 publications
(95 reference statements)
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“…Machine operation and physical parameters cause some uncertainty in the experimental results [44] so that uncertainty analysis is needed [45]. Uncertainty error analysis is a type of characteristic analysis which is analogous to the deviation of the experimental output response that can be solved effectively [46].…”
Section: Methodsmentioning
confidence: 99%
“…Machine operation and physical parameters cause some uncertainty in the experimental results [44] so that uncertainty analysis is needed [45]. Uncertainty error analysis is a type of characteristic analysis which is analogous to the deviation of the experimental output response that can be solved effectively [46].…”
Section: Methodsmentioning
confidence: 99%
“…In order to obtain a better understanding of the importance of the different factors of the model in its response, the procedure known as Sensitivity Analysis (SA) can be very useful in order to develop, evaluate, and improve complex models [49][50][51][52]. There are two main approaches in SA: local and global [53].…”
Section: Methodsmentioning
confidence: 99%
“…Sources of Uncertainty 30 [112] Economic key factors 31 [113] Economic key factors 32 [114] Number of people inside the room 33 [115] Estimate feedstock requirements, costs, life-cycle energy usage, greenhouse gas emissions for grower payments and field operations, and major parameters associated with the transportation of corn stover feedstock 34 [116] Technical and economic parameters 35 [117] Technical parameters and environmental uncertainties 36 [118] Price of biodiesel and feedstock, the efficiency of biodiesel conversion, and operating costs 37 [119] Post-combustion CO 2 capture techno-economic parameters 38 [69] Technical, economic, and environmental parameters (electricity and heat loads, wind and PV generation, EE unit factors for EE evaluation)…”
Section: Referencementioning
confidence: 99%