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Techno-economic assessment of industrial food waste composting facility: Evaluating bulking agents, processing
Yuao Su1, Shenxian Zhou2, Peiyu Tian3
1State Key Laboratory of Nutrient Use and Management, Key Laboratory of Lowcarbon Green Agriculture, Ministry of Agriculture and Rural Affairs, College of Resources and Environmental Sciences, National Academy of Agriculture Green Development, China Agricultural University, Beijing 100193, China; Department of Energy Policy, Seoul National University of Science & Technology, Seoul 01811, Korea.
Abstract:
Techno-economic assessment (TEA) of a valorization of bulking agent (BA) ratios on the food waste compost value chain is made to assess economic feasibility. TEA was performed with two plans (Plan A: existing composting facilities; Plan B: new composting facilities) and each plan was under four scenarios. The BA (i.e. corn stalks, garden waste, and watermelon seedlings) ratio of 5 % (S1), 10 % (S2), 20 % (S3), and garden waste with a ratio of 20 % (S4). Results indicate that S2, with a net present value (NPV) of 128.9 million, represents Plan A's most economically viable scenario. Although the total operating costs of S4 were 18.9 %-23.5 % higher, 25.6 %-42.2 % higher total revenue made S4 have an NPV of 92.9 million, making it the most viable scenario in Plan B. All scenarios show positive NPV within a ± 20 % fluctuation range. Organic fertilizer price, government subsidies, and processing capacity were the key factors influencing NPV.
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