| The purpose of this study is to take a close look at Korea‘s biodiesel developing trends and assess economic feasibility based on benefit-cost analysis. This study finally presents directions to actively promote the biodiesel in Korea. The role of bio-energy is significantly emphasized due to the continuous rise in oil price and environmental problems. According to some researches that have considered various factors such as breed, productivity, production costs and levels of technology, the most feasible bio-ingredients are rape and barley. By means of the benefit-cost analysis, rape has positive values in the net profits when considered with indirect benefits. Also, it is estimated that rape is feasible when produced in place of barley for... |
