Title |
Circular solar: Evaluating the profitability of a photovoltaic panel recycling plant |
ID_Doc |
24724 |
Authors |
D'Adamo, I; Ferella, F; Gastaldi, M; Ippolito, NM; Rosa, P |
Title |
Circular solar: Evaluating the profitability of a photovoltaic panel recycling plant |
Year |
2023 |
Published |
Waste Management & Research, 41, 6 |
DOI |
10.1177/0734242X221149327 |
Abstract |
Photovoltaic (PV) panels have a crucial role in coping with the global warming mitigation and the energetic crisis currently affecting the European Community. However, from the circular perspective of end-of-life (EoL) management, there are still big issues to be solved in order to recover materials from this kind of e-wastes. Because of several reasons (e.g. type of embedded materials, illegal shipments, location of manufacturers) EoL businesses do not have the interest in approaching them. This poses a significant environmental concern in terms of their management. This work wants to assess the profitability of a specific PV module recycling plant, by evaluating several market contexts in which multiple scenarios of material price, investment and process costs will be considered. The results for a 3000 tonnes plant show that profitability is not verified in the absence of an avoided landfill cost. Instead, when a value of 200 euro/tonnes is applied, the net present value is positive in 35.2% of the scenarios and at 87.6% when a value of 350 euro/tonnes is considered. The policy choice of this value requires linking the PV module disposal fee to the circular benefits associated with its recovery. |
Author Keywords |
Circular economy; economic analysis; photovoltaic; policy implications; recycling; sustainability |
Index Keywords |
Index Keywords |
Document Type |
Other |
Open Access |
Open Access |
Source |
Science Citation Index Expanded (SCI-EXPANDED) |
EID |
WOS:000922485900001 |
WoS Category |
Engineering, Environmental; Environmental Sciences |
Research Area |
Engineering; Environmental Sciences & Ecology |
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