Modelling Sustainable Industrial Symbiosis

Hafiz Haq, Petri Välisuo and Seppo Niemi
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Hafiz Haq: School of Technology and Innovation, University of Vaasa, P.O. Box 700, FI-65101 Vaasa, Finland
Petri Välisuo: School of Technology and Innovation, University of Vaasa, P.O. Box 700, FI-65101 Vaasa, Finland
Seppo Niemi: School of Technology and Innovation, University of Vaasa, P.O. Box 700, FI-65101 Vaasa, Finland

Energies, 2021, vol. 14, issue 4, 1-16

Abstract: Industrial symbiosis networks conventionally provide economic and environmental benefits to participating industries. However, most studies have failed to quantify waste management solutions and identify network connections in addition to methodological variation of assessments. This study provides a comprehensive model to conduct sustainable study of industrial symbiosis, which includes identification of network connections, life cycle assessment of materials, economic assessment, and environmental performance using standard guidelines from the literature. Additionally, a case study of industrial symbiosis network from Sodankylä region of Finland is implemented. Results projected an estimated life cycle cost of €115.20 million. The symbiotic environment would save €6.42 million in waste management cost to the business participants in addition to the projected environmental impact of 0.95 million tonne of CO 2 , 339.80 tonne of CH 4 , and 18.20 tonne of N 2 O. The potential of further cost saving with presented optimal assessment in the current architecture is forecast at €0.63 million every year.

Keywords: industrial symbiosis; life cycle assessment; life cycle cost assessment; environmental assessment (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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