scholarly journals Economic Perspective in the Production of Copper Nanowire using Amino Acids as Capping Agent

2020 ◽  
Vol 4 (2) ◽  
pp. 30
Author(s):  
Puspa Sari Dewi ◽  
Asep Bayu Dani Nandiyanto
Keyword(s):  
Amino Acids ◽  
Economic Evaluation ◽  
Large Scale ◽  
Net Present Value ◽  
Economic Feasibility ◽  
Raw Material ◽  
Ideal Condition ◽  
Capping Agent ◽  
Labor Costs ◽  
Copper Nanowire

The purpose of this study is to evaluate the economic feasibility of making copper nanowire using amino acids as a capping agent. The evaluation was conducted from two perspectives, namely engineering analysis and economic evaluation using parameters such as gross profit margin, payback period, breakeven points, and net present value. An economic evaluation was also carried out comparing the use of amino acids Glycine, Lysine, Proline, and Alanine to find out which amino acids were more profitable in the production of copper nanowire. Furthermore, the evaluation is done by estimating the ideal situation and several other state assumptions such as changes in raw material prices, labor costs, and also income tax. From the results of this study, Glycine is known as the most profitable amino acid to be used in this process. In addition, by using Glycine as an ideal condition, based on the results of the evaluation of all parameters, this project is classified as prospective to do. Although further studies must be carried out to develop this project, this study can be the basis for developing new methods of making copper nanowire on a large scale.

scholarly journals Engineering and Economic Evaluation of Production of Fe3O4 Nanoparticles

2020 ◽  
Vol 4 (1) ◽  
pp. 68
Author(s):  
Asha E. Harman ◽  
Asep Bayu Dani Nandiyanto
Keyword(s):  
Economic Evaluation ◽  
Large Scale ◽  
Net Present Value ◽  
Feasibility Studies ◽  
Technical Analysis ◽  
Economic Feasibility ◽  
Ideal Condition ◽  
Scale Production ◽  
Present Value ◽  
Parameter Values

Makalah ini bertujuan mengkaji kelayakan ekonomi produksi nanopartikel Fe3O4 dari skala laboratorium menjadi skala industri. Evaluasi dilakukan menggunakan 2 model studi kelayakan, yaitu: analisis teknik dan evaluasi ekonomi. Analisis teknik memberikan informasi potensi produksi berskala besar dan hasil proses ini dapat diterapkan menggunakan peralatan yang tersedia secara komersial dan murah. Evaluasi ekonomi dilakukan berdasar perbandingan grafik Cumulative Net Present Value pada keadaan ideal dan grafik pada saat dilakukan perubahan parameter (seperti perubahan nilai kurs dollar, kuantitas produk penjualan, dan besar nilai gaji karyawan). Dari hasil evaluasi, semua perubahan parameter memberikan nilai positif yang menunjukkan bahwa proyek ini layak dijalankan secara komersial dan dalam skala besar. Hal ini karena hasil evaluasi memberikan kestabilan indeks keuntungan pada beberapa perubahan nilai parameter. Studi ini menunjukkan bahwa fabrikasi Fe3O4 dapat memberikan laba yang menjanjikan di negara berkembang dan dapat menarik investor asing untuk bekerja sama dalam fabrikasi Fe3O4.This paper aims to evaluate the economic feasibility of Fe3O4 nanoparticle production from a laboratory scale to an industrial scale feasibility. The evaluation was conducted using 2 models of feasibility studies, namely: technical analysis and economic evaluation. Technical analysis provides information on the potential for large-scale production and the results of this process can be applied using commercially available and inexpensive equipment. Economic evaluation is based on a comparison of the Cumulative Net Present Value graph in an ideal condition and the graph when parameters changing are made (such as changes in the dollar exchange rate, the quantity of sales products, and the value of employee salaries). From the evaluation results, all parameter changes give a positive value indicating that the project is feasible to run commercially and on a large scale. This is because the evaluation results provide a stable index of profit for some changes in parameter values. This study shows that Fe3O4 fabrication can provide promising profits in developing countries and can attract foreign investors to work together on Fe3O4 fabrication.

scholarly journals Economic Evaluation of Different Fuels in the Production of La2NiO4 Particles using A Sol-Gel Combustion

2021 ◽  
Author(s):  
Asep Bayu Dani Nandiyanto ◽  
◽  
Dea Bella Dewary Atika Putri ◽  
Yayan Sunarya ◽  
Jarot Raharjo ◽  
...  
Keyword(s):  
Economic Evaluation ◽  
Net Present Value ◽  
Sol Gel ◽  
Economic Feasibility ◽  
Raw Material ◽  
Small Scale ◽  
Ideal Condition ◽  
Scale Production ◽  
Worst Case ◽  
Gel Combustion

Lanthanum nickelate (La2NiO4) is a precursor for producing lanthanum pentanickel (LaNi5) alloys for nickel-metal hydride battery (NiMH; a type of rechargeable battery), which has been developed quite rapidly for many applications, such as Hybrid Electric Vehicles. The purpose of this study was to evaluate the economic feasibility of the production of La2NiO4 with different fuels (i.e., glycine fuel (F-G) and citric acid fuel (F-CA)) using a sol-gel combustion method. Several economic evaluation parameters were analyzed, such as gross profit margin, internal rate of return, payback period, cumulative net present value, and so on. The project was evaluated from the ideal condition to the worst-case conditions, including labor, sales, raw material, utility, as well as external conditions (e.g., tax). The results showed that the production of La2NiO4 is prospective from engineering and economic perspectives. The engineering analysis for both production steps using F-G and F-CA is feasible, and the production can be done even in small-scale production using commercially available apparatus. The economic analysis showed that the process using F-CA is better than that using F-G. From this economic evaluation analysis, the project is profitable and the recovery of the investment is less than seven years for F-G and four years for F-CA. Although this project is feasible to run and profitable, it is not attractive to industrial investors due to the fewer values in some parameters. Thus, since this material is very important to reduce dependence on imports, additional further technologies for improving processes and support from Corporate Social Responsibility (CSR) and government are important for maintaining this project.

scholarly journals Economic Evaluation of the Production of Titanium Dioxide (TiO2) Nanoparticles using the Simple Aqueous Peroxo Route Method

2020 ◽  
Vol 5 (2) ◽  
Author(s):  
Aldera Margianti ◽  
Asep Bayu Dani Nandiyanto
Keyword(s):  
Economic Evaluation ◽  
Tio2 Nanoparticles ◽  
Large Scale ◽  
Evaluation Method ◽  
Net Present Value ◽  
Raw Material ◽  
Economic Data ◽  
Short Period ◽  
Break Even Point ◽  
The Impact

This study aims to analyze the economic evaluation on the production of TiO2 nanoparticles using the simple aqueous peroxo route method. Economic evaluation is carried out using several economic parameters, such as Payback Period (PBP), Break Even Point (BEP), and Cumulative Net Present Value (CNPV). The economic evaluation method is carried out by calculating several factors to see the potential of TiO2 nanoparticle production, such as an increase in tax prices, sales prices, and the effect of raw material prices. Based on tax evaluation, the greatest income achievement when taxed is 10%. Based on the sales evaluation, the minimum sales price so that the company does not lose is at the 90% point. Based on variations in raw material prices, an increase in raw material prices by up to 50% will not cause a loss. PBP analysis shows the investment in a short period of time, namely in the fourth year and until the 20th year the company's profits continue to increase. In conclusion, the results of the economic evaluation show good prospects. The impact of this research is the evaluation of large-scale economic data on TiO2 nanoparticles, production prospects with estimated factors that may occur under ideal conditions.

scholarly journals Cost Analysis and Economic Evaluation for Manufacturing Hydroxyapatite Nanoparticles from Eggshell Waste

2021 ◽  
Vol 1 (1) ◽  
pp. 211-226
Author(s):  
T Annisa ◽  
◽  
A Azkiya ◽  
R N Fauzi ◽  
A B D Nandiyanto ◽  
...  
Keyword(s):  
Return On Investment ◽  
Large Scale ◽  
Net Present Value ◽  
Raw Materials ◽  
Economic Feasibility ◽  
Raw Material ◽  
Hydroxyapatite Nanoparticles ◽  
Worst Case ◽  
Total Cost ◽  
Eggshell Waste

The aim of this study is to evaluate the economic feasibility of manufacturing hydroxyapatite nanoparticles from eggshell waste. The economic analysis perspective is carried out by calculating various economic parameters, namely gross profit margin (GPM), payback period (PBP), break event point (BEP), internal rate return (IRR), creating net present value (CNPV), return on investment ( ROI) and profitability index (PI). The results show that the production of hydroxyapatite nanoparticles from eggshell waste is prospective. Technical analysis to produce 30,150 Kg of hydroxyapatite per year shows the total cost of equipment purchased is Rp. 230,580,000.00, and the total cost of raw materials is Rp. 890,235,720.00. The profit obtained from the sale of the product is Rp. 4,520,803,500.00/year. Within 20 years of the construction of this project, using eggshells as a raw material for production can reduce the accumulation of eggshell waste. This project can compete with PBP capital market standards due to the short return on investment of around 3 years. To ensure feasibility, the project is estimated from ideal to worst case conditions in production, including labor, sales, raw materials, utilities, as well as external conditions (taxes and subsidiaries). The benefits of this research are that it can provide information on the economic feasibility of manufacturing hydroxyapatite nanoparticles on a large scale, and can optimize/develop projects for further investigation.

Optimal Design and Techno-Economic Analysis for Corncob Particles Briquettes: A Literature Review of the Utilization of Agricultural Waste and Analysis Calculation

2021 ◽  
Author(s):  
Asep Bayu Dani Nandiyanto ◽  
Nissa Nur Azizah ◽  
Gabriela Chelvina Santiuly Girsang
Keyword(s):  
Optimal Design ◽  
Literature Review ◽  
Economic Analysis ◽  
Large Scale ◽  
Net Present Value ◽  
Raw Materials ◽  
Agricultural Waste ◽  
Raw Material ◽  
Variable Cost ◽  
Scale Production

Corncob is usually disposed of directly as waste, creating problems in the environment, while it can be converted into valuable materials. This research aimed to evaluate the literature review on briquette production from agricultural waste (using non-binder and cold press with a binder) and the current works on techno-economic analysis, to propose an optimal design for the production of briquette from corncob waste, and to perform a techno-economic analysis based on the selected optimal processing method. The engineering perspective based on stoichiometry and mass balance showed the potential corncob briquette manufacture in both home and large scales due to the possible use of inexpensive and commercially available equipment and raw materials. The economic perspective [based on several economic evaluation factors (i.e., gross profit margin, payback period, break-even point, cumulative net present value, return of investment, internal rate return, and profitability index) under ideal and non-ideal conditions by considering internal (i.e., sales, raw materials, utilities, and variable cost) and external aspects (i.e., tax)] confirmed the prospective development of the project in the large-scale production with a lifetime of more than 18 years. The main issue in the project is the raw material (i.e. tapioca flour), giving the most impact on the project’s feasibility. Even in severe conditions, the project is feasible. The great endurance was also confirmed in the case of a higher tax rate. This study demonstrates the importance of producing corncob-based briquettes for improving the economic value and giving alternatives for problem solvers in the utilization of agricultural waste.

scholarly journals Performance and Economic Evaluation of Solar Rooftop Systems in Different Regions of Thailand

2019 ◽  
Vol 11 (23) ◽  
pp. 6647 ◽  
Author(s):  
Suntiti Yoomak ◽  
Theerasak Patcharoen ◽  
Atthapol Ngaopitakkul
Keyword(s):  
Power Generation ◽  
Economic Evaluation ◽  
Solar Radiation ◽  
Large Scale ◽  
Net Present Value ◽  
Solar Power ◽  
Electrical Energy ◽  
Solar Panels ◽  
Solar Power Generation ◽  
Generation Capacity

Solar rooftop systems in the residential sector have been rapidly increased in the term of installed capacity. There are various factors, such as climate, temperature, and solar radiation, that have effects on solar power generation efficiency. This paper presents a performance assessment of a solar system installed on the rooftop of residence in different regions of Thailand by using PSIM simulation. Solar rooftop installation comparison in different regions is carried out to evaluate the suitable location. In addition, three types of solar panels are used in research: monocrystalline, polycrystalline, and thin-film. The electrical parameters of real power and energy generated from the systems are investigated and analyzed. Furthermore, the economic evaluation of different solar rooftop system sizes using the monocrystalline module is investigated by using economic indicators of discounted payback period (DPP), net present value (NPV), internal rate of return (IRR), and profitability index (PI). Results show that the central region of Thailand is a suitable place for installing solar rooftop in terms of solar radiation, and the temperature has more solar power generation capacity than the other regions. The monocrystalline and polycrystalline solar panels can generate maximum power close to each other. All solar rooftop sizes with the Feed-in Tariff (FiT) scheme give the same DPP of 6.1 years, IRR of 15%, and PI of 2.57 which are better than the cases without the FiT scheme. However, a large-scale installation of solar rooftop systems can receive more electrical energy produced from the solar rooftop systems. As a result, the larger solar rooftop system sizes can achieve better economic satisfaction.

Economic Analysis Model for Biopower Plants Based on Biomass Logistics Networks and its Application in Heilongjiang Province, China

2012 ◽  
Vol 608-609 ◽  
pp. 356-360
Author(s):  
Jin Zhuo Wu ◽  
Li Hai Wang
Keyword(s):  
Net Present Value ◽  
Economic Feasibility ◽  
Economic Life ◽  
Raw Material ◽  
Base Case ◽  
Analysis Model ◽  
Business Taxes ◽  
Logistics Networks ◽  
Biomass Logistics ◽  
Biomass Availability

A mathematical model was developed to assess the economic feasibility of a biomass-based power plant in the Northeast of China. The objective of this model is to maximizes the net present value (NPV) of a biopower plant over its economic life, which subjects to the constraints of biomass availability, plant investment and operation & maintenance costs, plant capacity, transportation logistics, raw material and product pricing, financing, and business taxes. The model was applied in a biopower plant located in Wangkui County, China, which belongs to the National Bio-Energy Group Company Limited. Results showed that the maximum NPV of the Wangkui Biopower plant in the base case was approximately 117 million Yuan given the electricity sale price of 0.64 Yuan kWh-1 (or 0.75Yuan kWh-1 with tax). This study provides a reference for evaluating the economic feasibility of biopower plants based on biomass logistics networks in China.

scholarly journals Techno-economic Analysis of Rooftop Photovoltaic System (RPVS) using Thin-Frameless Solar Panels for Household Customers in Indonesia

2021 ◽  
Vol 58 (S) ◽  
pp. 131-139
Author(s):  
Carolus Boromeus Rudationo ◽  
Bangun Novianto ◽  
Erkata Yandri ◽  
Herry Susanto ◽  
Roy Hendroko Setyobudi ◽  
...  
Keyword(s):  
Net Present Value ◽  
Financial Analysis ◽  
Cost Savings ◽  
Economic Feasibility ◽  
Photovoltaic System ◽  
Future Research ◽  
Ideal Condition ◽  
Solar Panels ◽  
Electricity Cost ◽  
Investment Cost

The availability of thin-frameless solar panels on the market today makes the installation of rooftop Photovoltaic (RPVS) systems more attractive. The purpose of this research is to analyze financially the use of thinframeless solar panels for on-grid RPVS by household electricity customers in Indonesia. The investment cost, the maintenance costs, and the electricity cost savings were involved for the financial analysis, such as Internal Rate of Return (IRR), Net Present Value (NPV), and Pay Back Period (PBP). The calculation is carried out for ideal conditions, the direction of a non-ideal rooftop and the yearly increase of electricity prices is 15 %. The analysis results show that the minimum available rooftop area is still sufficient for the rooftop area needs for solar panel placement, the thin solar panels are safer than standard solar panels, and savings on electricity payments for the return on investment of the RPVS is to be attractive with the IRR > 12 %. The average investment cost of the non-ideal condition is 8 % higher than the ideal condition. This study provides an overview to the policymakers and developers in exploiting the potential of RPVS, especially in Indonesia. For future research directions, this study needs to analyze the technical and economic feasibility of using hybrid smart-grid technology with batteries.

scholarly journals Economic Evaluation and Techno-Economic Sensitivity Analysis of a Mass Integrated Shrimp Biorefinery in North Colombia

Polymers ◽  
2020 ◽  
Vol 12 (10) ◽  
pp. 2397
Author(s):  
Antonio Zuorro ◽  
Kariana Andrea Moreno-Sader ◽  
Ángel Darío González-Delgado
Keyword(s):  
Sensitivity Analysis ◽  
Economic Evaluation ◽  
Net Present Value ◽  
Raw Materials ◽  
Integrated Approach ◽  
Economic Feasibility ◽  
Point Of View ◽  
Economic Point ◽  
The North ◽  
Water Pinch

The high freshwater consumption requirements in shrimp biorefinery approaches represents one of the major drawbacks of implementing these technologies within the shrimp processing industry. This also affects the costs associated with the plant operation, and consequently, the overall economic performance of the project. The application of mass integration tools such as water pinch analysis can reduce frewshwater consumption by up to 80%, contributing to shrimp biorefinery sustainability. In this work, the economic evaluation and the techno-economic sensitivity analysis for a mass integrated approach for shrimp biorefinery were performed to determine the economic feasibility of the project when located in the North-Colombia region and to identify the critical techno-economic variables affecting the profitability of the process. The integrated approach designed to process 4113.09 tons of fresh shrimp in Colombia reaches a return on investment (%ROI) at 65.88% and a net present value (NPV) at 10.40 MM USD. The process supports decreases of up to 28% in capacity of production and increases of 12% and 11% in the cost of raw materials and variable operating costs without incurring losses, respectively. These findings suggest that the proposed design of the water recycling network coupled to a shrimp biorefinery approach is attractive from an economic point of view.

scholarly journals Renewable Energy Integration: Economic Assessment of Solar Energy to Produce Biodiesel at Supercritical Conditions

2018 ◽  
Vol 2018 ◽  
pp. 1-9 ◽  
Author(s):  
José A. León ◽  
Gisela Montero ◽  
Marcos A. Coronado ◽  
Conrado García ◽  
Héctor E. Campbell ◽  
...  
Keyword(s):  
Solar Energy ◽  
Fossil Fuels ◽  
Net Present Value ◽  
Economic Assessment ◽  
Economic Feasibility ◽  
Raw Material ◽  
Biodiesel Production ◽  
Energy Integration ◽  
Total Energy Consumption ◽  
Supercritical Conditions

In recent years, research on noncatalytic methods for biodiesel production has increased, mainly processes under supercritical conditions that allow the processing of waste vegetable oils (WVO) without the need to use catalysts, where the absence of catalyst simplifies the processes of purification of biodiesel. The high consumption of alcohol and energy to maintain the appropriate conditions of pressure and temperature of the reaction has turned the processes of supercritical conditions into an unfeasible method. However, the stages of biodiesel purification and methanol recovery are more straightforward, allowing the reduction of the total energy consumption by 25% compared to alkaline methods. Therefore, the present work describes a study through Aspen Plus® of the production of biodiesel by a process in supercritical conditions with WVO as raw material. Also, a solar collector arrangement was structured using the TRNSYS® simulator to supply energy to the process. To evaluate the economic feasibility of the proposed process, the installation of a pilot plant in Mexicali, Baja California, was considered. The internal rate of return (IRR) and the net present value (NPV) were determined for ten-year period. The planned system allows supplying solar energy, 69.5% of the energy required by the process, thus reducing the burning of fossil fuels and the operation cost. Despite the additional investment cost, for the solar collectors, the process manages to maintain a competitive production cost of USD 0.778/l of biodiesel. With an IRR of 31.7%, the investment is recovered before the fifth year of operation. The integration and implementation of clean technologies are vital in the development of the biofuels.

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