Economic viability of a canadian biodigester for power generation in dairy farming.

Detalhes bibliográficos
Autor(a) principal: DEMEU, F. A.
Data de Publicação: 2021
Outros Autores: LOPES, M. A., REIS, E. M. B., LIMA, A. L. R., CARVALHO, F. DE M., PALHARES, J. C. P., OTENIO, M. H.
Tipo de documento: Artigo
Idioma: por
Título da fonte: Repositório Institucional da EMBRAPA (Repository Open Access to Scientific Information from EMBRAPA - Alice)
Texto Completo: http://www.alice.cnptia.embrapa.br/alice/handle/doc/1137677
Resumo: This study aimed to analyze the economic viability of implementing and using a Canadian biodigester for power generation in a milk production system. Specifically, we intended to estimate the generated power production, the total production cost (TC), the total operating cost (TOC), and the effective operating cost (EOC) of 1 kW of power generated, and estimate the break-even point of the power produced. The research was carried out on a farm located in southern Minas Gerais (Brazil) from January to December 2017. Three scenarios were analyzed through the tree-point estimation (most likely, optimistic, and pessimistic). Scenario 1 considered the use of power for the acclimatization of free-stall barns during 13 hours day-1 plus the use of 50% of the produced biofertilizer. Scenario 2 considered the use of power during 13 hours day-1 for the acclimatization of free-stall barns and milking parlor, which means an increase in power consumption estimated at 10% compared to scenario 1, plus the use of 75% of the produced biofertilizer. Moreover, scenario 3 considered the use of power for the acclimatization of free-stall barns during 6.5 hours day-1 plus 25% of the produced biofertilizer. All scenarios considered the amount charged per kWh by the Companhia Energética de Minas Gerais (CEMIG). Monte Carlo simulations were carried out with minimum acceptable rates of return ranging from zero to 50%. Power generation was economically viable in all scenarios, with positive net present value (NPV), internal rates of return above the minimum acceptable rate of return, simple and discounted payback below the 10-year horizon, and satisfactory benefit-cost ratios. The EOC values of 1 kWh of power were estimated at R$ 0.1990, R$ 0.1791, and R$ 0.3308 for scenarios 1, 2, and 3, respectively, whereas the mean total cost (TC) was R$ 0.5618 (±0.21) considering all scenarios, above the purchase values at CEMIG, which would be R$ 0.50. The TC value was R$ 99,804.42 for scenarios 1 and 2, and R$ 92,424.09 for scenario 3, with a minimum acceptable rate of return of 8.50, while the TOC values were R$ 69,486.62 in scenarios 1 and 2, and R$ 62,229.66 in scenario 3. The amount of power generated in all scenarios was higher than the break-even point. All Monte Carlo simulation models showed positive NPV values, indicating that there is a high probability of being above expectations.
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spelling Economic viability of a canadian biodigester for power generation in dairy farming.Scenario analysisBiofertilizerProfitability indicatorsAnálise de cenáriosIndicadores de rentabilidadeTratamento de dejetosBiogásBiofertilizanteWaste treatmentThis study aimed to analyze the economic viability of implementing and using a Canadian biodigester for power generation in a milk production system. Specifically, we intended to estimate the generated power production, the total production cost (TC), the total operating cost (TOC), and the effective operating cost (EOC) of 1 kW of power generated, and estimate the break-even point of the power produced. The research was carried out on a farm located in southern Minas Gerais (Brazil) from January to December 2017. Three scenarios were analyzed through the tree-point estimation (most likely, optimistic, and pessimistic). Scenario 1 considered the use of power for the acclimatization of free-stall barns during 13 hours day-1 plus the use of 50% of the produced biofertilizer. Scenario 2 considered the use of power during 13 hours day-1 for the acclimatization of free-stall barns and milking parlor, which means an increase in power consumption estimated at 10% compared to scenario 1, plus the use of 75% of the produced biofertilizer. Moreover, scenario 3 considered the use of power for the acclimatization of free-stall barns during 6.5 hours day-1 plus 25% of the produced biofertilizer. All scenarios considered the amount charged per kWh by the Companhia Energética de Minas Gerais (CEMIG). Monte Carlo simulations were carried out with minimum acceptable rates of return ranging from zero to 50%. Power generation was economically viable in all scenarios, with positive net present value (NPV), internal rates of return above the minimum acceptable rate of return, simple and discounted payback below the 10-year horizon, and satisfactory benefit-cost ratios. The EOC values of 1 kWh of power were estimated at R$ 0.1990, R$ 0.1791, and R$ 0.3308 for scenarios 1, 2, and 3, respectively, whereas the mean total cost (TC) was R$ 0.5618 (±0.21) considering all scenarios, above the purchase values at CEMIG, which would be R$ 0.50. The TC value was R$ 99,804.42 for scenarios 1 and 2, and R$ 92,424.09 for scenario 3, with a minimum acceptable rate of return of 8.50, while the TOC values were R$ 69,486.62 in scenarios 1 and 2, and R$ 62,229.66 in scenario 3. The amount of power generated in all scenarios was higher than the break-even point. All Monte Carlo simulation models showed positive NPV values, indicating that there is a high probability of being above expectations.FABIANA ALVES DEMEU, UFLA; MARCOS AURÉLIO LOPES, UFLA; EDUARDO MITKE BRANDÃO REIS, Universidade Federal do Acre, Rio Branco, AC; ANDRÉ LUIS RIBEIRO LIMA, UFLA; FRANCISVAL DE MELO CARVALHO, UFLA; JULIO CESAR PASCALE PALHARES, CPPSE; MARCELO HENRIQUE OTENIO, CNPGL.DEMEU, F. A.LOPES, M. A.REIS, E. M. B.LIMA, A. L. R.CARVALHO, F. DE M.PALHARES, J. C. P.OTENIO, M. H.2021-12-13T18:01:07Z2021-12-13T18:01:07Z2021-12-132021info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleSemina, v.42, n.1, p.375-394, jan./fev. 2021.1679-0359http://www.alice.cnptia.embrapa.br/alice/handle/doc/113767710.5433/1679-0359.2021v42n1p375porinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional da EMBRAPA (Repository Open Access to Scientific Information from EMBRAPA - Alice)instname:Empresa Brasileira de Pesquisa Agropecuária (Embrapa)instacron:EMBRAPA2021-12-13T18:01:15Zoai:www.alice.cnptia.embrapa.br:doc/1137677Repositório InstitucionalPUBhttps://www.alice.cnptia.embrapa.br/oai/requestopendoar:21542021-12-13T18:01:15falseRepositório InstitucionalPUBhttps://www.alice.cnptia.embrapa.br/oai/requestcg-riaa@embrapa.bropendoar:21542021-12-13T18:01:15Repositório Institucional da EMBRAPA (Repository Open Access to Scientific Information from EMBRAPA - Alice) - Empresa Brasileira de Pesquisa Agropecuária (Embrapa)false
dc.title.none.fl_str_mv Economic viability of a canadian biodigester for power generation in dairy farming.
title Economic viability of a canadian biodigester for power generation in dairy farming.
spellingShingle Economic viability of a canadian biodigester for power generation in dairy farming.
DEMEU, F. A.
Scenario analysis
Biofertilizer
Profitability indicators
Análise de cenários
Indicadores de rentabilidade
Tratamento de dejetos
Biogás
Biofertilizante
Waste treatment
title_short Economic viability of a canadian biodigester for power generation in dairy farming.
title_full Economic viability of a canadian biodigester for power generation in dairy farming.
title_fullStr Economic viability of a canadian biodigester for power generation in dairy farming.
title_full_unstemmed Economic viability of a canadian biodigester for power generation in dairy farming.
title_sort Economic viability of a canadian biodigester for power generation in dairy farming.
author DEMEU, F. A.
author_facet DEMEU, F. A.
LOPES, M. A.
REIS, E. M. B.
LIMA, A. L. R.
CARVALHO, F. DE M.
PALHARES, J. C. P.
OTENIO, M. H.
author_role author
author2 LOPES, M. A.
REIS, E. M. B.
LIMA, A. L. R.
CARVALHO, F. DE M.
PALHARES, J. C. P.
OTENIO, M. H.
author2_role author
author
author
author
author
author
dc.contributor.none.fl_str_mv FABIANA ALVES DEMEU, UFLA; MARCOS AURÉLIO LOPES, UFLA; EDUARDO MITKE BRANDÃO REIS, Universidade Federal do Acre, Rio Branco, AC; ANDRÉ LUIS RIBEIRO LIMA, UFLA; FRANCISVAL DE MELO CARVALHO, UFLA; JULIO CESAR PASCALE PALHARES, CPPSE; MARCELO HENRIQUE OTENIO, CNPGL.
dc.contributor.author.fl_str_mv DEMEU, F. A.
LOPES, M. A.
REIS, E. M. B.
LIMA, A. L. R.
CARVALHO, F. DE M.
PALHARES, J. C. P.
OTENIO, M. H.
dc.subject.por.fl_str_mv Scenario analysis
Biofertilizer
Profitability indicators
Análise de cenários
Indicadores de rentabilidade
Tratamento de dejetos
Biogás
Biofertilizante
Waste treatment
topic Scenario analysis
Biofertilizer
Profitability indicators
Análise de cenários
Indicadores de rentabilidade
Tratamento de dejetos
Biogás
Biofertilizante
Waste treatment
description This study aimed to analyze the economic viability of implementing and using a Canadian biodigester for power generation in a milk production system. Specifically, we intended to estimate the generated power production, the total production cost (TC), the total operating cost (TOC), and the effective operating cost (EOC) of 1 kW of power generated, and estimate the break-even point of the power produced. The research was carried out on a farm located in southern Minas Gerais (Brazil) from January to December 2017. Three scenarios were analyzed through the tree-point estimation (most likely, optimistic, and pessimistic). Scenario 1 considered the use of power for the acclimatization of free-stall barns during 13 hours day-1 plus the use of 50% of the produced biofertilizer. Scenario 2 considered the use of power during 13 hours day-1 for the acclimatization of free-stall barns and milking parlor, which means an increase in power consumption estimated at 10% compared to scenario 1, plus the use of 75% of the produced biofertilizer. Moreover, scenario 3 considered the use of power for the acclimatization of free-stall barns during 6.5 hours day-1 plus 25% of the produced biofertilizer. All scenarios considered the amount charged per kWh by the Companhia Energética de Minas Gerais (CEMIG). Monte Carlo simulations were carried out with minimum acceptable rates of return ranging from zero to 50%. Power generation was economically viable in all scenarios, with positive net present value (NPV), internal rates of return above the minimum acceptable rate of return, simple and discounted payback below the 10-year horizon, and satisfactory benefit-cost ratios. The EOC values of 1 kWh of power were estimated at R$ 0.1990, R$ 0.1791, and R$ 0.3308 for scenarios 1, 2, and 3, respectively, whereas the mean total cost (TC) was R$ 0.5618 (±0.21) considering all scenarios, above the purchase values at CEMIG, which would be R$ 0.50. The TC value was R$ 99,804.42 for scenarios 1 and 2, and R$ 92,424.09 for scenario 3, with a minimum acceptable rate of return of 8.50, while the TOC values were R$ 69,486.62 in scenarios 1 and 2, and R$ 62,229.66 in scenario 3. The amount of power generated in all scenarios was higher than the break-even point. All Monte Carlo simulation models showed positive NPV values, indicating that there is a high probability of being above expectations.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-13T18:01:07Z
2021-12-13T18:01:07Z
2021-12-13
2021
dc.type.driver.fl_str_mv info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv Semina, v.42, n.1, p.375-394, jan./fev. 2021.
1679-0359
http://www.alice.cnptia.embrapa.br/alice/handle/doc/1137677
10.5433/1679-0359.2021v42n1p375
identifier_str_mv Semina, v.42, n.1, p.375-394, jan./fev. 2021.
1679-0359
10.5433/1679-0359.2021v42n1p375
url http://www.alice.cnptia.embrapa.br/alice/handle/doc/1137677
dc.language.iso.fl_str_mv por
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dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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