Energies (Jan 2024)
Economic Feasibility Study of the Production of Biogas, Coke and Biofuels from the Organic Fraction of Municipal Waste Using Pyrolysis
Abstract
The objective of this study is to analyze the economic viability of municipal household solid waste (organic matter + paper) for the production of gas, coke and biofuel through the pyrolysis and distillation process. The waste was collected in the city of Belém do Pará-Brazil and pretreated at the Federal University of Pará. The analyzed fraction (organic matter + paper) was subjected to the pretreatment of drying, crushing, and sieving and was subsequently subjected to proximate characterization and, finally, pyrolysis of the organic fraction (organic matter + paper) in a fixed bed reactor. Initially, it was necessary to review the literature, and with the yields obtained by pyrolysis of the fraction, economic feasibility analyses were carried out. The economic indicators for evaluating the most viable pyrolysis process were basic payback, discounted payback, net present value, internal rate of return, and profitability index, which are all financial metrics commonly used in investment analysis and decision making. These metrics provide valuable insights into the financial viability and attractiveness of investment projects. They are essential tools for assessing the feasibility and profitability of various ventures, helping decision-makers make informed choices in allocating resources. The analysis of the indicators showed the economic viability considering an analysis horizon of 10 years of materials based on organic material and paper. The breakeven point obtained was USD 0.96/dm3 and the minimum biofuel sales price found in this project was USD 1.30/dm3. The sensitivity research found that material costs (organic matter + paper), bio-oil yield, total project investment and electricity, respectively, are the variables that most affect the minimum biofuel sales price.
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