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SUSTAINABLE ASSESSMENT OF ENERGY RECOVERY FROM ORGANIC WASTE WITH A FOCUS ON WASTE FROM OLIVE OIL PRODUCTIONIrena Subotić, 2022, master's thesis
Abstract: The need for a Circular Economy became more than obvious, and in line with that, technologies for utilization of renewables and waste-to-energy transformation have become of utmost importance in climate change mitigation. This master thesis deals with treating the waste after olive oil extraction and using anaerobic digestion to turn the waste into a biogas that later can be used for electricity and heat production. Since there are two options for location, it was necessary to use decision support models to remove subjectivity and bias from the decision-making process. After the decision was made, there was an economic analysis of a biogas plant project that later can be used for establishing a new company in Italy. According to the economic indicators, with a profit of 5.243.000 EUR after ten years and an investment return of less than five years, a biogas plant in Italy is a profitable investment. From the aspect of Circular Economy, the biogas plant successfully fits the concept. It has added value to the local community by turning one process by-product into primary material for another process, creating jobs and generating revenue for the municipal budget while preserving natural resources.
Keywords: circular economy, decision support models, biogas, strategic management
Published in RUNG: 11.07.2022; Views: 1780; Downloads: 62
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