Techno Economic Analysis of Biomass to Methanol Plant Based on Gasification of Palm Empty Fruit Bunch

Biomass from palm empty fruit bunch (EFB) is considered as potential renewable energy sources to be developed in Indonesia. Palm EFB can efficiently converted into valuable and useful methanol products through gasification. Research about synthesis various biomass has been done. However, Little research production based on gasification found, no yet technoeconomic analysis of plant construction The purpose this find early-stage feasibility small-scale model EFB. Method design, investment cost estimation, operating calculation estimate profitability terms economic parameters. Economic calculated that the total build a study was USD 87 508 479 with manufacturing per annum 6 127 014. Net Present Value (NPV) -51 721 064 IRR at 1.1 %. Based NPV Internal Rate Return (IRR) value, not feasible. Feasibility predicted obtained when capacity increased fivefold.