Rapidly increasing consumption and consequent depletion of reserves clearly show that the end of the fossil fuel age is not far. Besides there fuels are the chief contributors to urban air pollution and major sources of green house gases. Since Biodiesel can be operated in almost all diesel engines, it offers an immediate displacement of petroleum. Biodiesel technically is sold off at high cost due to the complex processing protocol. Biodiesel production also makes by-products that are of significant market value. In fact, the economic viability of today’s Biodiesel industry is so sensitive that the overall economic viability is highly dependent the market price of these byproducts.
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