COMPREHENSIVE STUDY OF THE FEASIBILITY CRITERIA FOR BIODIESEL PRODUCTION BASED ON FARMING ENTERPRISES

The relevance of biodiesel fuel production based on farm enterprises is highlighted. A cost analysis for biodiesel fuel production has been conducted, demonstrating the feasibility of manufacturing it using self-produced raw materials obtained from oilseed crops grown on farms. To assess the efficiency and feasibility of oilseed production and its derived products, three business models of implementation are proposed: rapeseed cultivation and sale of its seeds at market prices, single-stage processing of rapeseed seeds into edible oil, and two-stage processing of rapeseed seeds into biodiesel fuel. Economic indicators such as production cost, profit, profitability, and margin are calculated depending on the chosen model, based on which the feasibility of rapeseed realization through one of the three pathways is justified. A strategy for implementing rapeseed or its products, including biodiesel fuel, is proposed, prioritizing the business model that maximizes profit. Conditions for applying each business model are also considered, not only from the perspective of maximizing profit but also for parallel use of two or all three implementation models of rapeseed seeds. Graphical dependencies of profitability and marginality on profit for all three models are constructed, delineating zones of feasibility for applying a particular business model depending on market prices for the respective products. The feasibility of the two-stage processing of rapeseed seeds into biodiesel fuel, which can compete with petroleum-based diesel fuel in the liquid fuel market, has been demonstrated. This scientific paper presents the results of the initiative research project 0122U002187. To further enhance the practical applicability of the proposed models, the environmental benefits of biodiesel production were evaluated, emphasizing its role in reducing greenhouse gas emissions and promoting sustainable agricultural practices. Additionally, the on rural development was analyzed, demonstrating how biodiesel production can foster job creation, energy independence, and the diversification of income sources for farming enterprises.