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http://dx.doi.org/10.17137/korrae.2022.30.2.29

Economic Analysis of Livestock Manure Solid Fuel Manufacturing and Power Generation Facility  

Kim, Chang-Gyu (Biogas Research Center, Hankyong National University)
Yoon, Young-Man (Biogas Research Center, Hankyong National University)
Publication Information
Journal of the Korea Organic Resources Recycling Association / v.30, no.2, 2022 , pp. 29-42 More about this Journal
Abstract
The government promotes the 2050 carbon-neutral policy. Therefore, the concern to convert livestock manure into energy is increasing for the reduction of greenhouse gases generated in the livestock industry sector. In this study, the economic feasibility of the livestock manure solid fuel power generation facility, which is a major consumer of livestock manure solid fuel, was assessed to expand the demand for livestock manure solid fuel. The production cost of livestock manure solid fuel showed the lowest production cost of 97.4 thousand won/ton when dried using solid fuel at a 200 ton/day scale bio-drying facility. The livestock manure solid fuel power generation facility showed economic feasibility at a REC weight of 1.5 in the case of the bio-drying facility, so it was necessary to set a REC weight of 1.5 or more to expand the demand for livestock manure solid fuel. The conversion of livestock manure into solid fuel has various environmental benefits, such as the reduction of greenhouse gases and the effect of reducing non-point pollutants in the water system. Therefore, in order to expand livestock manure solid fuel production facility, it was required to review the feasibility including various environmental benefits.
Keywords
Livestock manure; Solid fuel; Biomass electric generation; Renewable energy certificate;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
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