Techno-economic assessment of swine manure biochar production in large-scale piggeries in China

Mao Hu, Kai Guo, Haiqin Zhou, Wenkun Zhu, Liangwei Deng and Lichun Dai

Energy, 2024, vol. 308, issue C

Abstract: Biochar production using swine manure (SM) from large-scale piggeries is increasingly needed. However, little is known about the economic feasibility for SM biochar production. Herein, SM biochar production was simulated via Aspen Plus, and techno-economic model was applied to calculate the net present value (NPV), internal rate of return (IRR), and discounted payback period (DPP) for SM biochar production with a processing capacity of 8000 tons SM per year. Results suggest that this project is susceptible to biochar selling price and operation cost. When the biochar price is > 116 USD/ton, the NPV is positive. When the biochar selling price is increased from 154 to 193 USD/ton, the IRR is increased from 11 % to 41 %. The DPP analyses show that the investment payback period for this project is 4.6 years. Moreover, compared to conventional SM treatment routes, valorization of SM into biochar in large-scale piggery in China has a shorter investment period. Finally, this study suggests that swine manure biochar production in large-scale piggeries in China is profitable, deserving investment.

Keywords: Swine manure; Pyrolysis; Biochar; Techno-economic analysis; Pig husbandry (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:308:y:2024:i:c:s0360544224028111

DOI: 10.1016/j.energy.2024.133037

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