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Sustainability Assessment of Biomass Within Biofuel Supply Chain in Transport Sector Using Circular Economy Framework

Mohanty, R and Balachandra, P and Dasappa, S (2023) Sustainability Assessment of Biomass Within Biofuel Supply Chain in Transport Sector Using Circular Economy Framework. In: 6th International Conference of Transportation Research Group of India, CTRG 2021, 14 - 17 December 2021, Tiruchirappalli, pp. 75-93.

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Official URL: https://doi.org/10.1007/978-981-19-4204-4_5


The transport sector contributes to almost 25 of global CO2 emissions (Hannah Ritchie, October 06, 2020.Our World in data.). In general, transport activities mainly rely on fossil fuels, which results in global warming. The objective is to design a framework based on circular economy to assess the economic and environmental viability of the proposed second-generation (2G) biofuel supply chain system with respect to transport sector as biofuel is a clean and renewable form of energy. To represent economic sustainability, the total revenue generated, the net present value (NPV), and internal rate of return (IRR) followed by a sensitivity analysis are considered and for the environmental indicator, total CO2 emission is considered as the parameter. The assessment is performed by particle swarm optimization technique. In the future, the proposed work can show a pathway to the industries and government organizations in building 2G ethanol plants.

Item Type: Conference Paper
Publication: Lecture Notes in Civil Engineering
Publisher: Springer Science and Business Media Deutschland GmbH
Additional Information: The copyright for this article belongs to Springer Science and Business Media Deutschland GmbH.
Keywords: Biofuels; Carbon dioxide; Earnings; Fossil fuels; Particle swarm optimization (PSO); Sensitivity analysis; Supply chains; Sustainable development, Biofuel supply chain system; Biofuel supply chains; Circular economy; CO 2 emission; Particle swarm; Particle swarm optimization; Second generation; Supply chain systems; Swarm optimization; Transport sectors, Global warming
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Division of Mechanical Sciences > Centre for Sustainable Technologies (formerly ASTRA)
Date Deposited: 10 Nov 2022 05:15
Last Modified: 10 Nov 2022 05:15
URI: https://eprints.iisc.ac.in/id/eprint/77797

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