Study on Potential Feedstock Amount Analysis of Biodiesel in Korea

Abstract

>> Recently, the Renewable Fuel Standard(RFS) has been commenced from July 31, 2015 in the New and Renewable Energy Act for expanding the supply of renewable energy and reduction of national GHG target in Korea. The biodiesel is only a means of implementation for the RFS, therefore the biodiesel supply expansion is important for fulfilling the RFS obligation policy. The major key points of the biodiesl supply are expanding domestic feedstocks due to the over 60% dependence on foreign feedstock and reducing the price of feedstock because of the over 70% occupation of feed stock price in the biodiesl production cost. Therefore, we estimated actual amount of potential feedstocks which are possible to use for biodiesl production in Korea and investigated technical and political improvements for expanding biodiesl. For estimating a potential feedstocks, first selected the potential biodiesl feedstocks by investigating the status of global biodiesl feedstocks and then analyzed the possible potential amount of each feedstock by surveying the generation situations, the distribution structures and the technical level.