Abstract
Although cow manure is a valuable natural fertilizer, it is also a source of extreme greenhouse gas emissions, mainly methane. For this reason, this study aims to determine the impact of investments in a biogas plant on the energy and economic aspects of the operation of a dairy farm. A farm with a breeding size of 600 livestock units (LSU) was adopted for the analysis. In order to reach the paper’s aim, the analysis of two different scenarios of dairy farm functioning (conventional−only milk production, and modern−with biogas plant exploitation) was conducted. The analysis showed that the investment in biogas plant operations at a dairy farm and in using cow manure as one of the main substrates is a more profitable scenario compared to traditional dairy farming. Taking into account the actual Polish subsidies for electricity produced by small biogas plants, the scenario with a functioning biogas plant with a capacity of 500 kW brings €332,000/a more profit compared to the conventional scenario, even when taking into account additional costs, including the purchase of straw to ensure a continuous operation of the installation. Besides, in the traditional scenario, building a biogas plant allows for an almost complete reduction of greenhouse gas emissions during manure storage.