Economic analysis of waste-to-energy industry in China

Waste Manag. 2016 Feb:48:604-618. doi: 10.1016/j.wasman.2015.10.014.

Abstract

The generation of municipal solid waste is further increasing in China with urbanization and improvement of living standards. The "12th five-year plan" period (2011-2015) promotes waste-to-energy technologies for the harmless disposal and recycling of municipal solid waste. Waste-to-energy plant plays an important role for reaching China's energy conservation and emission reduction targets. Industrial policies and market prospect of waste-to-energy industry are described. Technology, cost and benefit of waste-to-energy plant are also discussed. Based on an economic analysis of a waste-to-energy project in China (Return on Investment, Net Present Value, Internal Rate of Return, and Sensitivity Analysis) the paper makes the conclusions.

Keywords: Break-even analysis; Economic analysis; Industrial performance; Internal rate of return (IRR); Net present value (NPV); Sensitivity analysis; Waste incineration; Waste-to-energy.

Publication types

  • Research Support, Non-U.S. Gov't
  • Review

MeSH terms

  • China
  • Conservation of Energy Resources / economics
  • Conservation of Energy Resources / methods
  • Cost-Benefit Analysis
  • Gases
  • Incineration
  • Industrial Waste*
  • Models, Economic
  • Power Plants / economics
  • Recycling
  • Refuse Disposal / economics*
  • Refuse Disposal / methods*
  • Solid Waste / analysis*
  • Technology / economics
  • Technology / methods
  • Waste Disposal Facilities
  • Waste Management / economics
  • Waste Management / methods

Substances

  • Gases
  • Industrial Waste
  • Solid Waste