Economic impact assessment of using a plasma gasification plant on a large ship recycling yard

Kanu Priya Jain, Jeroen Pruyn

Research output: Chapter in Book/Conference proceedings/Edited volumeConference contributionScientific

Abstract

The yards offering ‘green’ ship recycling services cannot generally lure ship owners due to a lower offer price for buying end-of-life (EOL) ships than other yards. However, the waste generated by dismantling and recycling the EOL ships at these yards can become a potential source of income if a waste-to-energy technology such as plasma gasification is used. Such waste management technology can turn waste into energy and other saleable products by managing waste environmentally friendlier than burning or landfilling. The resulting income can be used to offer a higher price to the ship owners. The increase in offer price can be calculated by using the economic analysis model presented in this paper. The results show that the investment in a plasma gasification plant is earned back reasonably quickly; however, it may not allow the ship recycling yards to increase the offer price significantly enough to gain a substantial market share.
Original languageEnglish
Title of host publicationProceedings Venice 2016 - Sixth International Symposium on Energy from Biomass and Waste Proceedings
EditorsWilliam P. Clarke, Raffaello Cossu, Luis F. Diaz, Jianguo Liu, Toshihiko Matsuto, Michael Nelles, Rainer Stegmann
Place of PublicationPadova, Italy
PublisherCISA Publisher
Number of pages14
ISBN (Electronic)9788862650076
Publication statusPublished - 2016
Event6th International Symposium on Energy from Biomass and Waste - Venice, Italy
Duration: 14 Nov 201617 Nov 2016
http://venicesymposium.it/

Conference

Conference6th International Symposium on Energy from Biomass and Waste
Abbreviated titleVenice2016
CountryItaly
CityVenice
Period14/11/1617/11/16
Internet address

Keywords

  • ship recycling
  • ship breaking
  • plasma gasification
  • waste-to-energy
  • Waste management
  • economic analysis

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