The Economic Efficiency of Micro Biogas Plants: A Sustainable Energy Solution in Slovenia—Case Study

This paper presents a simulation model for determining the most suitable type of microbiogas plant for small local communities on Slovenian farms, focusing on the efficient processing of organic waste. This model uses various input parameters, including different types and quantities of slurry and corn silage. Four different scenarios were developed to represent potential plant sizes, each evaluated using key economic indicators: net present value, breakthrough price, and internal rate of return. A scenario sensitivity analysis was conducted to assess the effects of changes in investment costs, fluctuations in energy prices, and the addition of corn silage to the anaerobic digestion process. The results highlight significant differences in economic viability across the scenarios, with some demonstrating positive financial outcomes and shorter payback periods and others indicating potential financial risks and longer recovery times under certain conditions. The analysis suggests that smaller micro biogas plants may struggle to achieve profitability without optimizing input ratios or reducing costs, whereas larger plants show more favorable economic indicators, provided certain conditions are met. Furthermore, the economic efficiency improves when adding maize silage to the fermentor mixture.

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Publication Details

Journal
Energies
Published
2024-10-11
DOI
https://doi.org/10.3390/en17205066
Citations
3
Primary Topic
Anaerobic Digestion and Biogas Production
Type
article
Field-Weighted Citation Impact
0.80
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article

The Economic Efficiency of Micro Biogas Plants: A Sustainable Energy Solution in Slovenia—Case Study

Črtomir Rozman, Jernej Prišenk, P. Vindiš, Karmen Pažek
3 citations
Energies
Anaerobic Digestion and Biogas Production
0.80
article

The Economic Efficiency of Micro Biogas Plants: A Sustainable Energy Solution in Slovenia—Case Study

Črtomir Rozman, Jernej Prišenk, P. Vindiš, Karmen Pažek
article en
3 citations

Abstract

This paper presents a simulation model for determining the most suitable type of microbiogas plant for small local communities on Slovenian farms, focusing on the efficient processing of organic waste. This model uses various input parameters, including different types and quantities of slurry and corn silage. Four different scenarios were developed to represent potential plant sizes, each evaluated using key economic indicators: net present value, breakthrough price, and internal rate of return. A scenario sensitivity analysis was conducted to assess the effects of changes in investment costs, fluctuations in energy prices, and the addition of corn silage to the anaerobic digestion process. The results highlight significant differences in economic viability across the scenarios, with some demonstrating positive financial outcomes and shorter payback periods and others indicating potential financial risks and longer recovery times under certain conditions. The analysis suggests that smaller micro biogas plants may struggle to achieve profitability without optimizing input ratios or reducing costs, whereas larger plants show more favorable economic indicators, provided certain conditions are met. Furthermore, the economic efficiency improves when adding maize silage to the fermentor mixture.

EnergiesVol. 17(20)
University of Maribor (SI)
Openalex Percentile: Top 28%
Anaerobic Digestion and Biogas Production
0.80
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