Institutional Repository
Technical University of Crete
Technical University of Crete
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| URI: | http://purl.tuc.gr/dl/dias/6864690C-A930-435F-A20B-B8B74995DA63 | ||
| Year | 2024 | ||
| Type of Item | Diploma Work | ||
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| Bibliographic Citation | Ioannis Kanatsoulis, "Business Plan for development and creation of a biodiesel production unit using RES", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2024 https://doi.org/10.26233/heallink.tuc.99736 | ||
| Appears in Collections |
The purpose of this thesis is to develop an effective business plan for the optimal growth and establishment of a biodiesel production unit using Renewable Energy Sources (RES) for the consumed energy. The main goal of the business plan is the produced biodiesel and its by-products to capture a significant share of the conventional fuel market in the primary and secondary sectors of the economy. An equally important goal is to highlight the significance of "green" investments, as the overall business plan from the perspective of the produced products, raw materials, and the energy consumption by the production unit aims to minimize the environmental footprint.In the context of this thesis, the design of the production unit, the production method of the product (biodiesel and by-products), as well as the method of energy extraction using RES, are analyzed. Furthermore, economic research on the market for raw materials and the mechanical equipment required for the production process is presented and analyzed. Additionally, a well-targeted Marketing Plan is presented to make the business plan competitive in the market. A quantitative methodology is applied, along with an analysis of all economic factors, such as investment costs, expenses, and depreciation of the investment for three possible scenarios: expected situation, optimistic scenario, and pessimistic scenario. Finally, a SWOT analysis is applied to the conclusions of the results of all the methods used, aiming at a well-defined analysis of the internal and external environment of the business.The results of the business plan analysis are expected to be positive and lead prospective investors to implement the business plan and consequently achieve their own profit. Moreover, a conclusion drawn from the implementation of the presented business plan and its positive techno-economic results is that the development and creation of investments that advocate environmental protection is viable, without deviating from the basic principle of any investment, profitability.
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