Depending on the feedstock used and scale of the plant, production costs can differ significantly. Because of lower average costs, larger plants (of capacity greater than 200 million liters per year) have dominated among new installation, a trend similar to industrial production of bioethanol. Production costs range from roughly $0.50/l to $1.60/l, depending on whether waste feedstock or vegetable oil is used as the main input. In the case of the latter, production costs are dominated by feedstock cost (IEA Bioenergy, 2009). Figure 5 shows indicative production costs of conventional biodiesel based on exemplary project specifications. Figure 6 gives a range of costs for biodiesel and diesel production.