Profitability of a Biogas Power Plant for Energy Selfconsumption in Processing Plants with Biodegradable Waste
2018 IEEE 59th International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2018): Conference Proceedings
2018
Aleksandrs Soročins,
Jānis Nagla,
Sigurds Jaundālders,
Dmitrijs Rusovs
This paper analyzes the cost-effectiveness of biogas
power plant technology, which uses industrial biodegradable waste
after food product processing. It is believed that biogas production
technologies in Latvia are profitable only with a feed-in tariff.
Existing energy prices are very high, which negatively affects the
growth of the economy. In its turn, the value of biodegradable waste
is close to zero and has significant potential for biogas production.
Consequently, the authors assess the possibility to obtain competitive
prices from biogas plants for energy resources such as electricity,
heat and natural gas. The results of the research show the main
financial indicators for a business model based on the disposal of
biodegradable waste, showing the potential of existing biogas
technology for the Latvian investment market.
Keywords
biogas plant, biodegradable waste, renewable energy, efficiency
Soročins, A., Nagla, J., Jaundālders, S., Rusovs, D. Profitability of a Biogas Power Plant for Energy Selfconsumption in Processing Plants with Biodegradable Waste. In: 2018 IEEE 59th International Scientific Conference on Power and Electrical Engineering of Riga Technical University (RTUCON 2018): Conference Proceedings, Latvia, Riga, 12-14 November, 2018. Piscataway: IEEE, 2018, pp.1-4. ISBN 978-1-5386-6904-4. e-ISBN 978-1-5386-6903-7.
Publication language
English (en)