Characteristics describing the price formation of bioethanol used as the fuel for an internal combustion engine
Institute of Technology, Estonian University of Life Sciences, 56 Kreutzwaldi,
EE51014 Tartu, Estonia; e-mail: email@example.com
A wider introduction of bioethanol as a biorenewable fuel is hindered by low awareness. The main problems related with its use are related to the properties of bioethanol fuel as well as the differences arising from its energetic value in comparison with regular fuels. This raises questions concerning the economic purposefulness of using bioethanol. In order to describe bioethanol as a motor fuel, a comparative analysis was performed based on experimental research. Experimental research allows for establishing a calculation model that describes the use of bioethanol as a fuel for an internal combustion engine in case of different ethanol content and various mixture ratios with regular fuels. The parameters to be studied and compared include the quantity and price of the fuel based on ethanol content. The comparative characteristics derived from the calculation model are indicated in tables and in figures. Calculation model creates a connection between using bioethanol as a motor fuel, and its production, thus providing useful information when choosing the production technology.