Investment Model of Agricultural Biogas Plants for Individual Farms in Poland
The main idea of a circular economy (CE) is to separate economic growth from resource consumption and environmental impacts. The characteristic approach of a CE assumes the minimisation of the amount of waste generated at the design level and, as a standard, includes innovations throughout the value...
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| Format: | Article |
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MDPI AG
2021-11-01
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| Online Access: | https://www.mdpi.com/1996-1073/14/21/7375 |
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| author | Kamila Klimek Magdalena Kapłan Serhiy Syrotyuk Nikolay Bakach Nikolay Kapustin Ryszard Konieczny Jakub Dobrzyński Kinga Borek Dorota Anders Barbara Dybek Agnieszka Karwacka Grzegorz Wałowski |
| author_facet | Kamila Klimek Magdalena Kapłan Serhiy Syrotyuk Nikolay Bakach Nikolay Kapustin Ryszard Konieczny Jakub Dobrzyński Kinga Borek Dorota Anders Barbara Dybek Agnieszka Karwacka Grzegorz Wałowski |
| author_sort | Kamila Klimek |
| collection | DOAJ |
| description | The main idea of a circular economy (CE) is to separate economic growth from resource consumption and environmental impacts. The characteristic approach of a CE assumes the minimisation of the amount of waste generated at the design level and, as a standard, includes innovations throughout the value chain. From an agricultural point of view, agricultural biogas plants are particularly important because they enable the management of all waste biomass and its conversion into useful energy and agricultural fertiliser. This paper presents methods for assessing the economic effectiveness of an investment in an agricultural biogas plant. The research goal was to develop a financial model. The authors of this study used available examples of the profitability of commercial ventures. We considered the investment aspects of agricultural biogas plants. Exemplary solutions are discussed, allowing the reader to become acquainted with various methods and proposals for thus far estimated investments. It may seem chaotic, but this is how the biogas market is characterised in the context of the implementation of biogas projects. Guidance is given regarding how to understand investing in this sensitive private farming sector. It is admirable that the renewable energy market has been systematised, and we hypothesise that it is necessary to develop an investment model in Polish conditions. |
| first_indexed | 2024-03-10T06:02:26Z |
| format | Article |
| id | doaj.art-2a1c6d918b274f72a52a6895e080f00c |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-03-10T06:02:26Z |
| publishDate | 2021-11-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-2a1c6d918b274f72a52a6895e080f00c2023-11-22T20:46:54ZengMDPI AGEnergies1996-10732021-11-011421737510.3390/en14217375Investment Model of Agricultural Biogas Plants for Individual Farms in PolandKamila Klimek0Magdalena Kapłan1Serhiy Syrotyuk2Nikolay Bakach3Nikolay Kapustin4Ryszard Konieczny5Jakub Dobrzyński6Kinga Borek7Dorota Anders8Barbara Dybek9Agnieszka Karwacka10Grzegorz Wałowski11Department of Applied Mathematics and Computer Science, University of Life Sciences in Lublin, 20-033 Lublin, PolandDepartment of Pomology, Nursery and Enology, University of Life Sciences in Lublin, 20-033 Lublin, PolandDepartment of Energy, Lviv National Agrarian University, 1 V. Velykoho Street, 80381 Lviv-Dubliany, UkraineDeputy Director General for Scientific Work, Republican Unitary Enterprise “Scientific and Practical Center of the National Academy of Sciences of Belarus for Agricultural Mechanization”, Knorina 1 Street, 220049 Minsk, BelarusLaboratory of Using Fuel and Energy Resources, Republican Unitary Enterprise “Scientific and Practical Center of the National Academy of Sciences of Belarus for Agricultural Mechanization”, Knorina 1 Street, 220049 Minsk, BelarusDepartment of Technology, Institute of Energy and Technical Safety, Jacob of Paradyz University, 52 Chopina Street, 66-400 Gorzow Wielkopolski, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandInstitute of Technology and Life Sciences—National Research Institute, Falenty, 3 Hrabska Avenue, 05-090 Pruszków, PolandThe main idea of a circular economy (CE) is to separate economic growth from resource consumption and environmental impacts. The characteristic approach of a CE assumes the minimisation of the amount of waste generated at the design level and, as a standard, includes innovations throughout the value chain. From an agricultural point of view, agricultural biogas plants are particularly important because they enable the management of all waste biomass and its conversion into useful energy and agricultural fertiliser. This paper presents methods for assessing the economic effectiveness of an investment in an agricultural biogas plant. The research goal was to develop a financial model. The authors of this study used available examples of the profitability of commercial ventures. We considered the investment aspects of agricultural biogas plants. Exemplary solutions are discussed, allowing the reader to become acquainted with various methods and proposals for thus far estimated investments. It may seem chaotic, but this is how the biogas market is characterised in the context of the implementation of biogas projects. Guidance is given regarding how to understand investing in this sensitive private farming sector. It is admirable that the renewable energy market has been systematised, and we hypothesise that it is necessary to develop an investment model in Polish conditions.https://www.mdpi.com/1996-1073/14/21/7375circular economyinvestmentassessment methodsprofitabilityproductionagricultural biogas |
| spellingShingle | Kamila Klimek Magdalena Kapłan Serhiy Syrotyuk Nikolay Bakach Nikolay Kapustin Ryszard Konieczny Jakub Dobrzyński Kinga Borek Dorota Anders Barbara Dybek Agnieszka Karwacka Grzegorz Wałowski Investment Model of Agricultural Biogas Plants for Individual Farms in Poland Energies circular economy investment assessment methods profitability production agricultural biogas |
| title | Investment Model of Agricultural Biogas Plants for Individual Farms in Poland |
| title_full | Investment Model of Agricultural Biogas Plants for Individual Farms in Poland |
| title_fullStr | Investment Model of Agricultural Biogas Plants for Individual Farms in Poland |
| title_full_unstemmed | Investment Model of Agricultural Biogas Plants for Individual Farms in Poland |
| title_short | Investment Model of Agricultural Biogas Plants for Individual Farms in Poland |
| title_sort | investment model of agricultural biogas plants for individual farms in poland |
| topic | circular economy investment assessment methods profitability production agricultural biogas |
| url | https://www.mdpi.com/1996-1073/14/21/7375 |
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