![]() Based on our model, development of an integrated biodiesel industry is still not financially feasible with the current diesel market price, shown by two major financial indicators: the internal rate of return and net present value. To evaluate this idea, we need to measure objectively the attractiveness of biodiesel as an investment, by developing a detailed bottom up financial model. The idea is based on premise that from an integrated chain, the biodiesel producer can benefit from considerably lower CPO production cost. One idea to upswing the downtrend is to establish an integrated biodiesel industry covering the whole production chains, from palm plantation, crude palm oil (CPO) factory to biodiesel factory. However, the unattractive biodiesel market price causing a not promising trend. The government is pushing forward the production of biodiesel by inviting private sectors to develop the biodiesel industry. As fuel producing plants, coconut (Cococ nucifera) and Jatropha curcas are more potential than those of other estate crops.As the largest palm oil producer in the world, Indonesia has the opportunity to develop biodiesel from excess palm oil production. Stove fabrication in the district (territory areas) by using of local material, will open a job opportunity, as well as the opportunity of community to do a business in the districs. In Indonesia and other countries, the experiment of stove with pressure were successful, and need to be formulated to be used by community. The equipment (stove) with enough pressure (approx. In order to get proper ignition, pure plant oil must be in the form of mist or vapour. Direct use of pure oil is the use of crude oil (pure plat oil), without any transesterification proses and additional budget. Generally, pure oil can be used as an alternative of kerosene or others through special equipment (special stove). Biological fuel is all fuel that originated from botanical oil, namely biodiesel, bioetanol or bio-oil (pure oil). To reduce government subsidy and to fulfil necessity of low community at once, therefore, another efforts are needed. Especially for kerosene, government subsidy reach to 34.51 trillion rupiahs. Unbalance of mix energy and the wasteful use of energy consumption, caused national responsibility increased. Estate Crops Origin Of Biological Fuel As An Alternative Of Kerosene For Household Amongst the problems of national energy, are the trend of increasing fossil energy consumption, unbalance of mix energy, and uncertaint world oil price. ![]()
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