An economical, energetical and environmental management of olive oil production wastes

• Cengiz Karaca ^[1] ; H. Huseyin Ozturk ^[2]
  1. [1] Mustafa Kemal University

     Mustafa Kemal University

     Turquía

     
  2. [2] Cukurova University

     Cukurova University

     Turquía

     
• Localización: New medit: Mediterranean journal of economics, agriculture and environment = Revue méditerranéenne d'economie, agriculture et environment, ISSN 1594-5685, Vol. 17, Nº. 1 (marzo), 2018, págs. 3-12
• Idioma: inglés
• DOI: 10.30682/nm1801a
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• Resumen

  • This study evaluates the technical, economic and environmental results of energy exploitation from the waste of olive oil production. A case study of olive processing wastes was carried out for the fossil fuel substitution running scenario. The olive oil production plant in Turkey was investigated for a case study. The economic and financial assessment of the investment for waste utilization includes the calculation of the economic viability parameters. It was determined that the installation of a 5 MW combined heat and power production plant and electricity production is a very attractive investment. The values of discounted payback period, the net present value, the internal rate of return and the benefit to cost ratio were calculated as 3.68 years, 7,399,096 €, 30.36% and 3.43 for a combined heat and power production plant using waste from olive oil production.