scholarly journals Economic Analysis of the Application of the Technological System for Removing Suspended Solids from Mine Drainage Waters

Energies ◽  
2021 ◽  
Vol 14 (24) ◽  
pp. 8232
Author(s):  
Jolanta Gumińska ◽  
Franciszek Plewa ◽  
Aneta Grodzicka ◽  
Adam Gumiński ◽  
Magdalena Rozmus ◽  
...  

This paper presents the results of the technological and economic analysis of mine water treatment systems before their discharge into the environment. The following analysis enabled us to determine the profitability of the investment, taking into account the TSS (total suspended solids) concentration in mine water. The simulation results showed that it is economically profitable to apply a water treatment system if natural sedimentation carried out in underground mine water passages, or in sedimentation tanks located on the ground, is ineffective for TSS removal. Economic and financial parameters allow us to conclude that all analyzed variants of the application of a pre-treatment system are characterized by high economic effectiveness. This mainly results from the high profitability of an analyzed investment, comparatively low capital expenditure, and present low market percentage rates. The most profitable variant (TSS concentration is 1000 mg/dm3) brings significant economic indicators, i.e., high NPV–Net Present Value (100 319 270.28 PLN), a high NPVR–Net Present Value Ratio (8.96 PLN/PLN), and a short discount payback period (1 year 236.6 days). A high internal rate of return (157.8%) for this variant reduces the risk of losing profitability in a situation of growing capital costs in the monetary market.

2020 ◽  
Vol 36 (2) ◽  
pp. 115-123
Author(s):  
Christopher G. Henry ◽  
Kenton B. Watkins ◽  
Ranjitsinh U. Mane ◽  
Gregory L. Stark

Abstract. Vertical hollow shaft motors are commonly used for vertical turbine pumps for irrigation. They are a specialty motor which has been exempt from the Department of Energy (DOE) requirement for improved energy efficiency. We evaluated the payback and net present value (NPV) of standard efficiency, energy efficient, and premium efficiency motors for motor sizes used in irrigation. For motor sizes between 22 and 56 kW (30 and 75 hp), the NPV and payback analysis indicated that premium efficient motors are more advantageous than standard efficiency. In motor sizes greater than 75 kW (100 hp) standard efficient motors are more cost effective than replacing a motor with a premium efficiency motor. When considering a repair or rewind of a motor, the result is highly dependent on the quality, and the resulting efficiency expected after the repair. If a repaired motor nameplate efficiency could be attained after rewinding and repair, then rewinding is most cost effective. However, if original nameplate efficiency is not attained, then it may be more cost effective to purchase a premium efficiency motor over rewinding. New DOE requirements may be advantageous for irrigators even though capital costs will be higher for new motors. Keywords: Motor rewind, Net present value (NPV), Payback period, Premium efficiency motor.


FLORESTA ◽  
2014 ◽  
Vol 44 (1) ◽  
pp. 143 ◽  
Author(s):  
Aylson Costa Oliveira ◽  
Thiago Taglialegna Salles ◽  
Bárbara Luísa Corradi Pereira ◽  
Angélica De Cássia Oliveira Carneiro ◽  
Camila Soares Braga ◽  
...  

O objetivo deste trabalho foi analisar a viabilidade econômica da produção de carvão vegetal em dois sistemas produtivos: oito fornos de superfície acoplados a uma fornalha para queima de gases e dez fornos do tipo “rabo-quente” sem sistema de queima de gases. Para análise econômica, definiu-se uma produção anual média igual a 1.571 metros cúbicos de carvão (mdc) e horizonte de planejamento de 12 anos, sendo propostos 2 cenários. No primeiro cenário, após a colheita da madeira, realiza-se o plantio de uma nova floresta, permanecendo o custo da madeira constante em todo o planejamento; no segundo cenário, após a colheita, considerou-se a condução da brotação, reduzindo os custos na 2ª rotação e consequentemente os custos da madeira. A análise econômica foi realizada através da determinação dos seguintes indicadores: Valor Presente Líquido (VPL), Valor Anual Equivalente (VAE), Razão Benefício/Custo (B/C) e Lucratividade. Os indicadores calculados demonstraram a viabilidade dos dois sistemas produtivos avaliados em ambos os cenários propostos, porém o sistema fornos-fornalha apresentou melhores valores para os indicadores. Conclui-se que a produção de carvão vegetal nos sistemas avaliados foram viáveis economicamente, com o sistema fornos-fornalha gerando maior lucro ao produtor de carvão.Palavras-chave: Fornos de alvenaria; análise determinística; valor presente líquido. Abstract Economic viability of charcoal production in two production systems. The objective of this study was to analyze the economic viability of charcoal production in two conversion technologies: eight surface kilns coupled to a furnace for burning gases (kilns-furnace system) and ten "rabo-quente" or traditional charcoal kilns without burning gases system. An average annual production of 1571 cubic meters of charcoal (mdc) was used to perform the economic analysis. A planning horizon of 12 years and two scenarios were proposed. In the first scenario, after harvesting the wood, the planting of a new forest was performed, and the cost of wood remained constant throughout the planning horizon. In the second scenario, after the harvest, the conduction of shooting was considered, which reduced costs in the second rotation and consequently the cost of wood. The economic analysis was performed by determining the following indicators: Net Present Value (NPV), Equivalent Annual Value (EAV) and Benefit - Cost Reason (B/C). Calculated indicators demonstrated the viability of producing charcoal in the two production systems in both scenarios proposed, but kilns-furnace system presented better values. As conclusion, production of charcoal in the evaluated systems were economically viable. Kilns-furnace system was able to generate more profit to charcoal producer.Keywords: Kilns; deterministic analysis; net present value.


1995 ◽  
Vol 6 (1) ◽  
pp. 105-124 ◽  
Author(s):  
Stephen Holland ◽  
Jean Cross

This paper examines the application of the techniques of economic analysis to occupational health and safety regulations using occupational noise as an example. The paper explores the extent to which economic impact studies are practically feasible and useful in relation to occupational health and safety legislation. Six studies of the same regulatory change, from four countries were analysed. The results of these studies ranged from a strongly negative to a significantly positive net present value, depending on the assumptions made. The factor which had the greatest influence on these differences was the way in which benefits are costed. It is shown that in the field of Occupational Health and Safety, economic analysis does not produce a single valid net present value or benefit to cost ratio on which a decision to legislate can sensibly be based. However the analysis can, if properly directed provide useful information on factors which will enable organisations to optimise their response to the regulation and authorities to introduce regulations in a way which does not bear with unreasonable weight on specific sectors of the community.


2016 ◽  
Vol 36 (2) ◽  
pp. 242-252 ◽  
Author(s):  
Priscilla A. P. Ribeiro ◽  
Tadayuki Yanagi Junior ◽  
Joaquim P. da Silva ◽  
Sílvia de N. M Yanagi ◽  
Renato S. Campos

ABSTRACT Broiler poultry is highly dependent on artificial lightening. Power consumption costs of artificial lighting systems is the second largest expense related to broiler industry, second only to feed expenses. Therefore, the current study focused to analyze technical and economic feasibility of replacing incandescent lamps already used in aviaries with other lamp types. Costs related to power consumption, implementation and maintenance of the lighting systems were evaluated with the aid of financial mathematics using net present value, return over investment and payback. Systems composed of six lamp types were analyzed in two different configurations to meet the minimum illuminance of 5 and 20 lux and for use in conventional sheds and dark house. The lamps tested were incandescent (LI) of 100 W, compact fluorescent (CFL) of 34 W, mixed (ML) 160 W sodium vapor (SVL) of 70 W, tubular fluorescent T8 (TFL T8) of 40 W and tubular fluorescent T5 (TFL T5) of 28 W. For the systems tested, it was found that the tubular fluorescent lamps T8 and T5 showed the best results of technical and economic feasibility.


CERNE ◽  
2010 ◽  
Vol 16 (3) ◽  
pp. 335-345 ◽  
Author(s):  
Antonio Donizette de Oliveira ◽  
Ivonise Silva Andrade Ribeiro ◽  
José Roberto Soares Scolforo ◽  
José Márcio de Mello ◽  
José Luiz Pereira de Rezende

Candeia wood (Eremanthus erythropappus) is widely used for production of essential oil and its active ingredient, alpha-bisabolol, is consumed by both the cosmetics and pharmaceutical industry. This study aimed to determine the productivity and operating costs associated with exploration, transportation and commercialization of candeia timber obtained from sustainable management systems and used for oil production; to determine the gross income or revenue obtained from the sale of candeia timber; to analyze the economic feasibility of sustainable management of candeia. For the economic analysis, Net Present Value, Net Present Value over an infinite planning horizon, and Average Cost of Production methods were used. Results indicated that the most significant costs associated with candeia forest management involve transportation and exploration. Together they account for 64% of the total management cost. Candeia forest management for oil production is economically feasible, even in situations where the interest rate is high or timber price drops to levels well below currently effective prices. As far as candeia forest management is concerned, shorter harvest cycles allow higher profitability. However, even in situations where the harvest cycle is relatively long (30 years), the activity is still economically feasible.


Author(s):  
Winston S. Burbank ◽  
Dennis E. Witmer ◽  
Frank Holcomb

Solid oxide fuel cell gas turbine (SOFCGT) hybrid systems have received much attention due to high predicted efficiencies, low emissions and low historical cost of natural gas. For market acceptance three criteria must be met: reliability, commercial availability and a positive net present value. This study deals primarily with the latter, comparing the net present value of the following four engines operating under a distributed or isolated loads: a simple cycle microturbine, a novel internally-cooled and recuperated (ICR) microturbine, a novel SOFCGT hybrid supported by the same ICR microturbine, and a standard diesel engine. Due to the higher value of peak power, a system able to meet fluctuating power demands while retaining high efficiencies is strongly preferable to base load operation. Sensitivity analysis is made for variable prices of natural gas, electric rates, carbon tax, and SOFC capital costs.


2021 ◽  
pp. 243-250
Author(s):  
M. A. Razakov ◽  
A. V. Gorbenko ◽  
G. O. Titova ◽  
E. A. Sergeeva

Author(s):  
A. T. Layeni ◽  
C. N. Nwaokocha ◽  
S. O. Giwa ◽  
M. A. Sulaiman ◽  
K. A. Adedeji ◽  
...  

Design and Engineering Economic Analysis of two widely used Air-Conditioning (AC) systems, Mini-Split and Variable Refrigerant Flow (VRF), in the new Engineering Complex Building under the same indoor and outdoor conditions for an entire year is carried out by using Carrier Hourly Analysis Program software for cooling load estimation, and the Net Present Worth Analysis for Economic Analysis of both systems. Both systems are direct expansion air conditioning systems; hence the cooling load estimation was done using the ASHRAE transfer function method embedded within the Carrier software. Equipment to be used in analysis were selected from the Toshiba selection catalogues (Mini Split system), while that for the VRF system was selected using Toshiba simulation software. The annual energy analysis of both systems indicated that the VRF system will require more energy to run on an annual basis than the Mini Split system. However, the analysis was carried out without considering the part load potential energy savings of the VRF system. Net Present Worth Analysis carried out also favoured the Mini Split system in terms of Net Present Value of the systems. Based on the Engineering Economic Analysis carried out on the two systems, the overall Net Present Value for the VRF system is N77,891,808.66, while that of the Mini-Split system is N46,641,828.74. This result shows that the VRF system has a higher cost implication than the Mini-Split system. Hence, in terms of cost, the Mini-Split system is a more viable option.


Polymers ◽  
2021 ◽  
Vol 13 (16) ◽  
pp. 2724
Author(s):  
Jacopo De De Tommaso ◽  
Jean-Luc Dubois

Poly(methyl methacrylate) (PMMA) is a versatile polymer with a forecast market of 4 Mtons/y by 2025, and 6 USD billion by 2027. Each year, 10% of the produced cast sheets, extrusion sheets, or granules PMMA end up as post-production waste, accounting for approximately 30 000 tons/y in Europe only. To guide the future recycling efforts, we investigated the risks of depolymerization process economics for different PMMA scraps feedstock, capital expenditure (CAPEX), and regenerated MMA (r-MMA) prices via a Monte-Carlo simulation. An analysis of plastic recycling plants operating with similar technologies confirmed how a maximum 10 M USD plant (median cost) is what a company should aim for, based on our hypothesis. The capital investment and the r-MMA quality have the main impacts on the profitability. Depending on the pursued outcome, we identified three most suitable scenarios. Lower capital-intensive plants (Scenarios 4 and 8) provide the fastest payback time, but this generates a lower quality monomer, and therefore lower appeal on the long term. On 10 or 20 years of operation, companies should target the very best r-MMA quality, to achieve the highest net present value (Scenario 6). Product quality comes from the feedstock choice, depolymerization, and purification technologies. Counterintuitively, a plant processing low quality scraps available for free (Scenario 7), and therefore producing low purity r-MMA, has the highest probability of negative net present value after 10 years of operation, making it a high-risk scenario. Western countries (especially Europe), call for more and more pure r-MMA, hopefully comparable to the virgin material. With legislations on recycled products becoming more stringent, low quality product might not find a market in the future. To convince shareholders and government bodies, companies should demonstrate how funds and subsidies directly translate into higher quality products (more attractive to costumers), more economically viable, and with a wider market.


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