LAPSE:2023.36056
Published Article
LAPSE:2023.36056
Techno-Economic Evaluation of the Thermochemical Energy Valorization of Construction Waste and Algae Biomass: A Case Study for a Biomass Treatment Plant in Northern Greece
June 9, 2023
Biomass treatment for energy production is a promising way for achieving fossil fuel replacement and environmental relief. Thermochemical processes are a common way of processing biomass, but their potential economic benefits are not always clear to investors. In this work, three basic thermochemical processes (combustion, gasification, and pyrolysis) are examined in terms of their theoretical yields and their products, as well as their economic viability. The goal of this analysis was to look into the total amount of available biomass streams and compare business plans in terms of sustainability from a technical and economic perspective. The estimation of the fixed capital investment was based on ready−made solutions that are already available on the market. The analysis showed that the gasification unit has the optimum sustainability results since the total amount of gross income was EUR 0.13/kg of biomass while the treatment cost was estimated at EUR 0.09/kg of biomass. The internal rate of return of the investment was calculated at 9%, establishing a promising alternative solution to sustainable “green” energy production.
Keywords
biomass treatment, combustion, gasification, pyrolysis, techno−economic analysis, thermochemical treatment
Suggested Citation
Manthos G, Zagklis D, Ali SS, Zafiri C, Kornaros M. Techno-Economic Evaluation of the Thermochemical Energy Valorization of Construction Waste and Algae Biomass: A Case Study for a Biomass Treatment Plant in Northern Greece. (2023). LAPSE:2023.36056
Author Affiliations
Manthos G: Laboratory of Biochemical Engineering & Environmental Technology (LBEET), Department of Chemical Engineering, University of Patras, 1 Karatheodori Str., 26504 Patras, Greece
Zagklis D: Laboratory of Biochemical Engineering & Environmental Technology (LBEET), Department of Chemical Engineering, University of Patras, 1 Karatheodori Str., 26504 Patras, Greece [ORCID]
Ali SS: Biofuels Institute, School of the Environment and Safety Engineering, Jiangsu University, Zhenjiang 212013, China; Botany Department, Faculty of Science, Tanta University, Tanta 31527, Egypt [ORCID]
Zafiri C: Green Technologies Ltd., 5 Ellinos Stratiotou Str., 26223 Patras, Greece [ORCID]
Kornaros M: Laboratory of Biochemical Engineering & Environmental Technology (LBEET), Department of Chemical Engineering, University of Patras, 1 Karatheodori Str., 26504 Patras, Greece [ORCID]
Journal Name
Processes
Volume
11
Issue
5
First Page
1549
Year
2023
Publication Date
2023-05-18
Published Version
ISSN
2227-9717
Version Comments
Original Submission
Other Meta
PII: pr11051549, Publication Type: Journal Article
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LAPSE:2023.36056
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doi:10.3390/pr11051549
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Jun 9, 2023
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CC BY 4.0
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[v1] (Original Submission)
Jun 9, 2023
 
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Jun 9, 2023
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Original Submitter
Calvin Tsay
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