IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v35y2014icp484-498.html
   My bibliography  Save this article

Economic feasibility of energy recovery from solid waste in the light of Brazil׳s waste policy: The case of Rio de Janeiro

Author

Listed:
  • Maier, Sebastian
  • Oliveira, Luciano Basto

Abstract

Energetic waste disposal has tremendous potential for generating alternative (renewable and non-conventional) energy from municipal solid waste (MSW), reducing greenhouse gas emissions, creating socio-economic and environmental benefits, and achieving a sustainable expansion of the energy sector. However, in spite of these tremendous benefits, the Brazilian MSW disposal market remains dominated by landfilling. In total, energetic MSW treatment plants in Brazil are expected to achieve an installed capacity of 12,400MW by 2020 and 17,550MW by 2030 respectively. Investments into wind, small-scale hydro, and biomass plants will exceed R$ 69 billions between 2011 and 2020. This paper aims to assess the implications of Brazil׳s National Policy on Solid Waste (PNRS) on the economic feasibility of different energetic MSW treatment facilities. Therefore, the PNRS is comprehensively analysed, particularly those areas that outline the decision-making criteria for future investments. These criteria are then applied to the specific case of Rio de Janeiro, first by examining the municipality׳s current state of MSW management and second by examining 20 hypothetical future investment projects into three different energetic MSW treatment technologies. The case study delivers crucial information about the economic feasibility of the considered technologies by addressing specific provisions in the Brazilian legal framework and by applying relevant country-specific financial incentives, designed to encourage investments into renewable energies.

Suggested Citation

  • Maier, Sebastian & Oliveira, Luciano Basto, 2014. "Economic feasibility of energy recovery from solid waste in the light of Brazil׳s waste policy: The case of Rio de Janeiro," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 484-498.
    • Handle: RePEc:eee:rensus:v:35:y:2014:i:c:p:484-498
    DOI: 10.1016/j.rser.2014.04.025
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032114002524
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.rser.2014.04.025?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Longden, David & Brammer, John & Bastin, Lucy & Cooper, Nic, 2007. "Distributed or centralised energy-from-waste policy? Implications of technology and scale at municipal level," Energy Policy, Elsevier, vol. 35(4), pages 2622-2634, April.
    2. Oliveira, Luciano Basto & de Araujo, Maria Silvia Muylaert & Rosa, Luiz Pinguelli & Barata, Martha & La Rovere, Emílio Lebre, 2008. "Analysis of the sustainability of using wastes in the Brazilian power industry," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(3), pages 883-890, April.
    3. Lino, F.A.M. & Ismail, K.A.R., 2011. "Energy and environmental potential of solid waste in Brazil," Energy Policy, Elsevier, vol. 39(6), pages 3496-3502, June.
    4. Nicholas Linacre & Alexandre Kossoy & Philippe Ambrosi, "undated". "State and Trends of the Carbon Market 2011," World Bank Publications - Reports 13400, The World Bank Group.
    5. Nicholas Linacre & Alexandre Kossoy & Philippe Ambrosi, "undated". "State and Trends of the Carbon Market 2011," World Bank Publications - Reports 13399, The World Bank Group.
    6. Zglobisz, Natalia & Castillo-Castillo, Arturo & Grimes, Sue & Jones, Peter, 2010. "Influence of UK energy policy on the deployment of anaerobic digestion," Energy Policy, Elsevier, vol. 38(10), pages 5988-5999, October.
    7. Oliveira, Luciano Basto & Henriques, Rachel Martins & Pereira Jr., Amaro Olimpio, 2010. "Use of wastes as option for the mitigation of CO2 emissions in the Brazilian power sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 3247-3251, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gbenga Ibikunle & Andros Gregoriou & Naresh R. Pandit, 2013. "Price Discovery and Trading after Hours: New Evidence from the World's Largest Carbon Exchange," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 20(3), pages 421-445, November.
    2. Ante, Lennart, 2024. "The scope of green finance research: Research streams, influential works and future research paths," Ecological Economics, Elsevier, vol. 224(C).
    3. Jinshan Zhu & Hui Yao & Yingkai Tang & Liyong Wang, 2015. "An econometric analysis of sub-national Clean Development Mechanism performance in China," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 20(7), pages 1137-1153, October.
    4. Raphael Calel, 2011. "Climate change and carbon markets: a panoramic history," GRI Working Papers 52, Grantham Research Institute on Climate Change and the Environment.
    5. Baran, Burhan & Mamis, Mehmet Salih & Alagoz, Baris Baykant, 2016. "Utilization of energy from waste potential in Turkey as distributed secondary renewable energy source," Renewable Energy, Elsevier, vol. 90(C), pages 493-500.
    6. Mohajan, Haradhan, 2012. "Certainty and Uncertainty in Cap and Trade System or in Carbon Tax for Green Accounting to Decrease Greenhouse gas Emissions," MPRA Paper 50669, University Library of Munich, Germany, revised 20 Dec 2012.
    7. Luying Wang & Kai Su & Xuebing Jiang & Xiangbei Zhou & Zhu Yu & Zhongchao Chen & Changwen Wei & Yiming Zhang & Zhihong Liao, 2022. "Measuring Gross Ecosystem Product (GEP) in Guangxi, China, from 2005 to 2020," Land, MDPI, vol. 11(8), pages 1-19, August.
    8. Peter S. Schmidt & Therese Werner, 2012. "Channeling the final Say in Politics," CER-ETH Economics working paper series 12/165, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    9. Bao-Jun Tang & Cheng Shen, 2014. "Carbon market: Systematic risk and expectations of returns-on the comparison analysis of the CDM and EU ETS," CEEP-BIT Working Papers 49, Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology.
    10. Tengda Lu & Xieer Dai & Jun Chen & Ming Dai, 2018. "Pricing Industrial Discharge Quota (IDQ): A Model Reflecting Opportunity Cost of Performing Ecological Responsibility," Sustainability, MDPI, vol. 10(6), pages 1-20, June.
    11. Cacho, Oscar J. & Milne, Sarah & Gonzalez, Ricardo & Tacconi, Luca, 2014. "Benefits and costs of deforestation by smallholders: Implications for forest conservation and climate policy," Ecological Economics, Elsevier, vol. 107(C), pages 321-332.
    12. Eva Lövbrand & Johannes Stripple, 2012. "Disrupting the Public–Private Distinction: Excavating the Government of Carbon Markets Post-Copenhagen," Environment and Planning C, , vol. 30(4), pages 658-674, August.
    13. Medina, Vicente & Pardo, Ángel & Pascual, Roberto, 2014. "The timeline of trading frictions in the European carbon market," Energy Economics, Elsevier, vol. 42(C), pages 378-394.
    14. Jinshan Zhu, 2014. "Assessing China's discriminative tax on Clean Development Mechanism projects. Does China's tax have so many functions?," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 57(3), pages 447-466, March.
    15. Kate Ervine, 2014. "Diminishing Returns: Carbon Market Crisis and the Future of Market-Dependent Climate Change Finance," New Political Economy, Taylor & Francis Journals, vol. 19(5), pages 723-747, September.
    16. Zhi-Fu Mi & Yue-Jun Zhang, 2011. "Estimating the 'value at risk' of EUA futures prices based on the extreme value theory," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 35(2/3/4), pages 145-157.
    17. Maogang Tang & Ruihan Zhang & Zhen Li & Baijun Wu, 2021. "Assessing the impact of tradable discharge permit on pollution reduction and innovation: micro-evidence from Chinese industrial enterprises," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(11), pages 16911-16933, November.
    18. Borghesi, Simone & Flori, Andrea, 2018. "EU ETS facets in the net: Structure and evolution of the EU ETS network," Energy Economics, Elsevier, vol. 75(C), pages 602-635.
    19. Nicholas Tatrallyay & Martin Stadelmann, 2013. "Climate change mitigation and international finance: the effectiveness of the Clean Development Mechanism and the Global Environment Facility in India and Brazil," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 18(7), pages 903-919, October.
    20. Koop, Gary & Tole, Lise, 2013. "Modeling the relationship between European carbon permits and certified emission reductions," Journal of Empirical Finance, Elsevier, vol. 24(C), pages 166-181.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:35:y:2014:i:c:p:484-498. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.