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The Analysis of the Economic Effects on the Greening and Recovery of the Sludge Waste Resulting from the Biogas Production Activity

Author

Listed:
  • Constantin Aurelian Ionescu

    (Faculty of Economics, Hyperion University of Bucharest, 030615 Bucharest, Romania)

  • Mihaela Denisa Coman

    (Institute of Multidisciplinary Research for Science and Technology, Valahia University of Targoviste, 130004 Targoviste, Romania)

  • Elena Liliana Moiceanu Marin

    (IOSUD, Valahia University of Targoviste, 130105 Targoviste, Romania)

  • Liliana Paschia

    (Faculty of Economics, Hyperion University of Bucharest, 030615 Bucharest, Romania)

  • Nicoleta Luminita Gudanescu Nicolau

    (Romanian Academy, Institute of National Economy, 050711 Bucharest, Romania)

  • Gabriel Cucui

    (Faculty of Economics, Valahia University of Targoviste, 130004 Targoviste, Romania)

  • Dan Marius Coman

    (Faculty of Economics, Valahia University of Targoviste, 130004 Targoviste, Romania)

  • Sorina Geanina Stanescu

    (Institute of Multidisciplinary Research for Science and Technology, Valahia University of Targoviste, 130004 Targoviste, Romania)

Abstract

Starting from identifying an upward trend in waste disposal costs at the municipal landfill, the research aims to analyze the viability of investment to integrate a compost platform, which transforms the sludge resulting from the biogas production process into a soil improver for agricultural land. The economic entity analyzed activates agri-food and uses a biogas plant as a management tool for the waste from slaughtering chickens, to obtain biogas, heat, and electricity. The study is carried out through the multi-criteria analysis based on the following variants: The operation of the biogas plant with sludge disposal as waste (V 1 ), the operation with recovery of waste as soil improver (V 2 ), the closure of the biogas plant (V 3 ). The economic effects regarding the greening and capitalization of the sludge waste are quantified from a monetary point of view and based on the analysis the optimal variant, V 2 , is established. It has been proven that the investment generates: Positive results increased by 70.52%, a positive and upward opportunity cost by 37.96%, and marginal profit growth of 53.17%. The study emphasizes that efficient waste management turns an environmental problem and cost into an economic and ecological advantage for the economic entities.

Suggested Citation

  • Constantin Aurelian Ionescu & Mihaela Denisa Coman & Elena Liliana Moiceanu Marin & Liliana Paschia & Nicoleta Luminita Gudanescu Nicolau & Gabriel Cucui & Dan Marius Coman & Sorina Geanina Stanescu, 2019. "The Analysis of the Economic Effects on the Greening and Recovery of the Sludge Waste Resulting from the Biogas Production Activity," Sustainability, MDPI, vol. 11(18), pages 1-19, September.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:18:p:4922-:d:265559
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    References listed on IDEAS

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