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Title Repurposing End-of-Life Coal Mines with Business Models Based on Renewable Energy and Circular Economy Technologies
ID_Doc 4187
Authors Krzemien, A; Frejowski, A; Valverde, GF; Fernandez, PR; Garcia-Cortes, S; Ibrahimi, AM; Shah, DMS
Title Repurposing End-of-Life Coal Mines with Business Models Based on Renewable Energy and Circular Economy Technologies
Year 2023
Published Energies, 16, 22
DOI 10.3390/en16227617
Abstract This paper presents a methodology to select the most exciting business models based on renewable energy and circular economy technologies within end-of-life coal mines to help develop a renewable-based energy sector, promote sustainable local economic growth, and maximise the number of green and quality jobs. To achieve this goal, first, a structural analysis was developed to select the technical variables that better identify this complex system. Second, a morphological analysis allowed the construction of the scenario space. Third, a multicriteria assessment was developed to achieve this goal, based on the previously assessed relevant scenarios, considering the European Green Deal policies, technical variables that characterise end-of-life coal mine environments, technology readiness level, the European taxonomy, synergistic potentials, contributions to the circular economy, and sector coupling. Finally, result indicators were selected to analyse the alternative options derived from the justification approach, considering the targets set by the European Green Deal and related taxonomy and the regional policy indicators for the Just Transition Fund. The results show that eco-industrial parks with virtual power plants represent the most appropriate business model choice, according to the scoring given to the different aspects. They may be complemented by a hydrogen production plant, provided that specific economic subventions are obtained to achieve balanced financial results.
Author Keywords coal mine; end-of-life; repurposing; business model; renewable energy; circular economy; virtual power plant; green hydrogen; POTENTIALS project; GreenJOBS project
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001119844400001
WoS Category Energy & Fuels
Research Area Energy & Fuels
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