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Techno-Economic Models for Optimised Utilisation of Jatropha curcas Linnaeus under an Out-Grower Farming Scheme in Ghana

1
Institute of Industrial Research, Council for Scientific and Industrial Research, Accra, Ghana
2
Department of Agricultural Engineering, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
3
The Energy Center, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana
*
Author to whom correspondence should be addressed.
Academic Editor: Christa Liedtke
Resources 2016, 5(4), 38; https://doi.org/10.3390/resources5040038
Received: 31 August 2016 / Revised: 22 October 2016 / Accepted: 5 November 2016 / Published: 10 November 2016
Techno-economic models for optimised utilisation of jatropha oil under an out-grower farming scheme were developed based on different considerations for oil and by-product utilisation. Model 1: Out-grower scheme where oil is exported and press cake utilised for compost. Model 2: Out-grower scheme with six scenarios considered for the utilisation of oil and by-products. Linear programming models were developed based on outcomes of the models to optimise the use of the oil through profit maximisation. The findings revealed that Model 1 was financially viable from the processors’ perspective but not for the farmer at seed price of $0.07/kg. All scenarios considered under Model 2 were financially viable from the processors perspective but not for the farmer at seed price of $0.07/kg; however, at seed price of $0.085/kg, financial viability was achieved for both parties. Optimising the utilisation of the oil resulted in an annual maximum profit of $123,300. View Full-Text
Keywords: jatropha; out grower farming scheme; techno-economic models; profit optimization jatropha; out grower farming scheme; techno-economic models; profit optimization
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MDPI and ACS Style

Osei, I.; Akowuah, J.O.; Kemausuor, F. Techno-Economic Models for Optimised Utilisation of Jatropha curcas Linnaeus under an Out-Grower Farming Scheme in Ghana. Resources 2016, 5, 38. https://doi.org/10.3390/resources5040038

AMA Style

Osei I, Akowuah JO, Kemausuor F. Techno-Economic Models for Optimised Utilisation of Jatropha curcas Linnaeus under an Out-Grower Farming Scheme in Ghana. Resources. 2016; 5(4):38. https://doi.org/10.3390/resources5040038

Chicago/Turabian Style

Osei, Isaac, Joseph O. Akowuah, and Francis Kemausuor. 2016. "Techno-Economic Models for Optimised Utilisation of Jatropha curcas Linnaeus under an Out-Grower Farming Scheme in Ghana" Resources 5, no. 4: 38. https://doi.org/10.3390/resources5040038

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