ENTREPRENEURIAL OPPORTUNITIES AND CHALLENGES IN THE UKRAINIAN BIOFUEL MARKET: HARNESSING ANIMAL FATS FOR SUSTAINABLE ENERGY
DOI:
https://doi.org/10.33042/2522-1809-2025-2-190-49-55Keywords:
еntrepreneurship, sustainability, startup, business, market, renewable energy, second-generation biofuels, UkraineAbstract
This article explores the economic potential of Ukrainian private enterprises in the fields of entrepreneurship and business, utilizing animal fats as feedstock for first- and second-generation biofuels. As Ukraine strives to enhance its energy security and promote sustainability, this byproduct presents a promising opportunity for innovative renewable energy solutions. The study assesses market availability, economic viability, and environmental benefits, offering insights for enterprises entering this sector.
References
Law of Ukraine No. 3769-IX of June 4, 2024, "On Amendments to Certain Laws of Ukraine Regarding the Mandatory Use of Liquid Biofuels (Biocomponents) in the Transport Sector" (Date of accessed January 15,2025)
Renewable Energy Agency (REA) of Ukraine and COWI A/S. "Bioenergy Policy Roadmap until 2050 and Action Plan until 2025." EBRD/GEF Programme, June 3, 2021. https://saf.org.ua/wp-content/uploads/2021/06/D5-Roadmap_Action-Plan_EN_03-12-2021_FINAL.pdf (Date of accessed August 4,2024)
Directive (EU) 2023/2413 of the European Parliament and of the Council of 18 October 2023 amending Directive (EU) 2018/2001, Regulation (EU) 2018/1999 and Directive 98/70/EC as regards the promotion of energy from renewable sources, and repealing Council Directive (EU) 2015/652(Date of accessed August 4, 2024) http://data.europa.eu/eli/dir/2023/2413/oj
Dymchenko O., Smachylо V., O. Rudachenkо О.,etc. Diagnostics of Entrepreneurial Activity in Ukraine in The Context of Information Support for Sustainable Development of Territories. IOP Conference Series: Earth and Environmental Science. International Conference on Urban Infrastructure Sustainable Development and Renovation Vol. 1376. 012043. DOI 10.1088/1755-1315/1376/1/012043 (Date of accessed February 6,2025)
Geletukha G.G., Zheliezna T.A., Drahniev S.V., Kucheruk P.P. Prospects for the production of advanced biofuels in Ukraine // Energy Technologies & Resource Saving. – 2023, vol. 76, no. 3, p. 71-82. DOI: 10.33070/etars.3.2023.06 (Date of accessed August 21,2024)
Hönig, V., Strouhal, J. & Linhart, Z. Biodiesel from Waste Animal Fat: Efficient Fuel of the Future?. Int Adv Econ Res 22, 465–466 (2016). 10.1007/s11294-016-9603-y (Date of accessed August 21,2024)
Feddern, V., Cunha Junior, A., Pra, M. C., de Abreu, P. G., dos Santos Filho, J. I., Higarashi, M. M., ... & Coldebella, A. (2011). Animal fat wastes for biodiesel production. (Date of accessed August 21,2024)
Baladincz, Peter & Hancsók, Jenő. (2015). Fuel from waste animal fats. Chemical Engineering Journal. 282. 10.1016/j.cej.2015.04.003. (Date of accessed August 21, 2024)
Gebremariam, S. N., & Marchetti, J. M. (2018). Economics of biodiesel production. Energy Conversion and Management, 168, 74-84. (Date of accessed August 21,2024)
Haas, M. J., McAloon, A. J., Yee, W. C., & Foglia, T. A. (2006). A process model to estimate biodiesel production costs. Bioresource technology, 97(4), 671-678. (Date of accessed August 21,2024)
Skarlis, S., Kondili, E., & Kaldellis, J. K. (2012). Small-scale biodiesel production economics: a case study focus on Crete Island. Journal of cleaner production, 20(1), 20-26. (Date of accessed August 21,2024)
Pasha, M.K., Dai, L., Liu, D. et al. An overview to process design, simulation and sustainability evaluation of biodiesel production. Biotechnol Biofuels 14, 129 (2021). https://doi.org/10.1186/s13068-021-01977-z (Date of accessed August 21,2024)
Pedro Andreo-Martínez, Víctor Manuel Ortiz-Martínez, María José Salar-García, José Manuel Veiga-del-Baño, Antonio Chica, Joaquín Quesada-Medina. Waste animal fats as feedstock for biodiesel production using non-catalytic supercritical alcohol transesterification: A perspective by the PRISMA methodology, Energy for Sustainable Development, Volume 69, 2022, Pages 150-163, ISSN 0973-0826, (Date of accessed August 21,2024)https://doi.org/10.1016/j.esd.2022.06.004.
Javier Dufour; Diego Iribarren. (2012). Life cycle assessment of biodiesel production from free fatty acid-rich wastes. , 38(1), 155–162. doi:10.1016/j.renene.2011.07.016 (Date of accessed August 21, 2024)
FAO (2013). Utilization of by-products and waste materials from meat processing. Food and Agriculture Organization. (Date of accessed August 4, 2024). https://www.fao.org/4/i3300e/i3300e.pdf
Directive (EU) 2018/2001 of the European Parliament and of the Council of 11 December 2018 on the promotion of the use of energy from renewable sources (recast) (RED II). (Date of accessed August 4, 2024)http://data.europa.eu/eli/dir/2018/2001/oj
N. Dhanavel, M.H. Nandakrishnan, A Review of Animal Fat: A Great Source for Industrial Applications. J. Chem. Rev., 2024, 6(2), 115-137. (Date of accessed August 4, 2024) https://doi.org/10.48309/JCR.2024.425819.1276
Regulation (EC) No 1069/2009 of the European Parliament and of the Council of 21 October 2009 laying down health rules as regards animal by-products and derived products not intended for human consumption and repealing Regulation (EC) No 1774/2002 (Animal by-products Regulation) (Date of accessed August 21,2024) http://data.europa.eu/eli/reg/2009/1069/oj
Tarassevych O. Attache report. Poultry and Products Annualhttps://apps.fas.usda.gov/newgainapi/api/Report/DownloadReportByFileName?fileName=Poultry%20and%20Products%20Annual_Kyiv_Ukraine_UP2023-0034.pdf(Date of accessed August 21,2024)
https://latifundist.com/novosti/62744-vnaslidok-vijni-galuz-svinarstva-na-hersonshchini-znishchena-na-80-ptahivnitstva--povnistyu [in Ukrainian] (Date of accessed August 4, 2024)
https://avm-ua.org/uk/post/tendencia-skorocenna-pogoliva-vrh-v-grudni-2023-roku-prodovzilas [in Ukrainian] (Date of accessed August 4,2024)
State Statistics Service of Ukraine.URL: www.ukrstat.gov.ua[in Ukrainian] (Date of accessed August 4, 2024)
Results of the survey conducted by the Association of Pig Breeders of Ukraine (APB), November 2023(Date of accessed August 21,2024). http://asu.pigua.info/news/1411/?type=asu
"Prospects for the development of Ukraine's agricultural sector in the context of climate change," National Institute for Strategic Studies, 17 July 2024(Date of accessed August 21,2024)
Downloads
Published
How to Cite
Issue
Section
License
The authors who publish in this collection agree with the following terms:
• The authors reserve the right to authorship of their work and give the magazine the right to first publish this work under the terms of license CC BY-NC-ND 4.0 (with the Designation of Authorship - Non-Commercial - Without Derivatives 4.0 International), which allows others to freely distribute the published work with a mandatory reference to the authors of the original work and the first publication of the work in this magazine.
• Authors have the right to make independent extra-exclusive work agreements in the form in which they were published by this magazine (for example, posting work in an electronic repository of an institution or publishing as part of a monograph), provided that the link to the first publication of the work in this journal is maintained. .
• Journal policy allows and encourages the publication of manuscripts on the Internet (for example, in institutions' repositories or on personal websites), both before the publication of this manuscript and during its editorial work, as it contributes to the emergence of productive scientific discussion and positively affects the efficiency and dynamics of the citation of the published work (see The Effect of Open Access).
