Social Business Models for Empowering the Biogas Technology

Biogas is a type of renewable energy which provides clean energy, reduces environmental pollution and greenhouse gas caused by the biological wastes, creates job opportunity for skilled and unskilled persons, and offers new income sources for investors. However, mostly practiced small-scale or famil...

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Main Authors: Yousuf, Abu, Sultana, Sharmin, Monir, Minhaj Uddin, Karim, Ahasanul, Syed Radzi, Rahamaddulla
Format: Article
Language:English
Published: Taylor and Francis 2017
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/16815/1/ftech-2017-abu-Social%20business%20models%20for%20empowering1.pdf
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author Yousuf, Abu
Sultana, Sharmin
Monir, Minhaj Uddin
Karim, Ahasanul
Syed Radzi, Rahamaddulla
author_facet Yousuf, Abu
Sultana, Sharmin
Monir, Minhaj Uddin
Karim, Ahasanul
Syed Radzi, Rahamaddulla
author_sort Yousuf, Abu
collection UMP
description Biogas is a type of renewable energy which provides clean energy, reduces environmental pollution and greenhouse gas caused by the biological wastes, creates job opportunity for skilled and unskilled persons, and offers new income sources for investors. However, mostly practiced small-scale or family-size biogas plant becomes unsuccessful due to the lack of financial attractiveness. Therefore, it is essential to design a proper financial mode of operation to sustain this technology. The policy makers, investors, and researchers should develop a viable financial mechanism to attract the investors by offering loan with flexible conditions, restructure the subsidies skim, and liberalize the gas grid management and involvement of the end users in biogas project. The engagement of social business concept can stimulate the sustainability of the biogas technology and make it financially gorgeous. This study proposed a number of social business plans and described microeconomic evaluation systems to calculate their commercial viability to improve the survival of biogas technology.
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spelling UMPir168152019-10-18T02:29:48Z http://umpir.ump.edu.my/id/eprint/16815/ Social Business Models for Empowering the Biogas Technology Yousuf, Abu Sultana, Sharmin Monir, Minhaj Uddin Karim, Ahasanul Syed Radzi, Rahamaddulla H Social Sciences (General) Biogas is a type of renewable energy which provides clean energy, reduces environmental pollution and greenhouse gas caused by the biological wastes, creates job opportunity for skilled and unskilled persons, and offers new income sources for investors. However, mostly practiced small-scale or family-size biogas plant becomes unsuccessful due to the lack of financial attractiveness. Therefore, it is essential to design a proper financial mode of operation to sustain this technology. The policy makers, investors, and researchers should develop a viable financial mechanism to attract the investors by offering loan with flexible conditions, restructure the subsidies skim, and liberalize the gas grid management and involvement of the end users in biogas project. The engagement of social business concept can stimulate the sustainability of the biogas technology and make it financially gorgeous. This study proposed a number of social business plans and described microeconomic evaluation systems to calculate their commercial viability to improve the survival of biogas technology. Taylor and Francis 2017-12-28 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/16815/1/ftech-2017-abu-Social%20business%20models%20for%20empowering1.pdf Yousuf, Abu and Sultana, Sharmin and Monir, Minhaj Uddin and Karim, Ahasanul and Syed Radzi, Rahamaddulla (2017) Social Business Models for Empowering the Biogas Technology. Energy Sources, Part B: Economics, Planning, and Policy , 12 (2). pp. 99-109. ISSN 1556-7249 (Print); 1556-7257 (Online). (Published) http://dx.doi.org/10.1080/15567249.2016.1255677 doi: 10.1080/15567249.2016.1255677
spellingShingle H Social Sciences (General)
Yousuf, Abu
Sultana, Sharmin
Monir, Minhaj Uddin
Karim, Ahasanul
Syed Radzi, Rahamaddulla
Social Business Models for Empowering the Biogas Technology
title Social Business Models for Empowering the Biogas Technology
title_full Social Business Models for Empowering the Biogas Technology
title_fullStr Social Business Models for Empowering the Biogas Technology
title_full_unstemmed Social Business Models for Empowering the Biogas Technology
title_short Social Business Models for Empowering the Biogas Technology
title_sort social business models for empowering the biogas technology
topic H Social Sciences (General)
url http://umpir.ump.edu.my/id/eprint/16815/1/ftech-2017-abu-Social%20business%20models%20for%20empowering1.pdf
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