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Scientific Article details

Title A preliminary assessment of industrial symbiosis in Sodankyl
ID_Doc 21789
Authors Haq, H; Välisuo, P; Kumpulainen, L; Tuomi, V; Niemi, S
Title A preliminary assessment of industrial symbiosis in Sodankyl
Year 2020
Published
DOI 10.1016/j.crsust.2020.100018
Abstract This study focuses on developing a possible architecture of planned industrial symbiosis in Sodankyl, Finland. The municipality of Sodankyl is considering the establishment of new businesses to boost the region's local economy. The preliminary assessment presented here evaluates some new markets, including combined heat and power plants, a biogas reactor, greenhouse farm, fish farm and several insect farms. These businesses should be able to fulfil the criteria of sustainability and circular economy. This study proposes an architecture where companies can quantify the value and the cost of material exchange. The combined life cycle cost and the net present value of symbiosis are estimated at (sic)93 and (sic)43 million respectively. The combined life cycle cost of waste management is calculated to be (sic)6.40 million. The study's novelty is its projection of the quantified cost of bio-waste and recyclable waste of industries, highlighting the monetary value of industrial symbiosis where waste products can turn into industries' raw material. The value gained and cost reduced by such symbiosis is forecast at 14.65% and 6.8% respectively.
Author Keywords Industrial symbiosis; Life cycle cost of waste management; Architecture of industrial symbiosis; Material exchange; Circular economy
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:000904877400012
WoS Category Environmental Sciences; Environmental Studies
Research Area Environmental Sciences & Ecology
PDF https://doi.org/10.1016/j.crsust.2020.100018
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