Economic Analysis of Large-Scale Biogas Project Based on System Dynamics

Abstract:

With the application and promotion of large-scale biogas project, economic analysis and evaluation of large-scale biogas project are particularly important. However, the benefits of biogas project embodied in the economic, social, ecological, and many other aspects have dispersion, which leads to production decisions in a gray state and investment in conformity. In this paper, the biogas project in Zhuangda village, Zhaozhou County, Heilongjiang province is taken as an example, the supply and demand of funds in project operation are analyzed quantitatively by using system dynamics theory so as to study the economics of biogas project comprehensively, which can provide scientific guidance for evaluating the construction and operation of large and medium-scale biogas project objectively and lay a solid theoretical foundation for the commercial operation in biogas industry.

• Periodical: Applied Mechanics and Materials (Volume 483)
• Pages: 429-433
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.483.429
• Online since: December 2013
• Authors: Li Li Wang, Li Jun Zhao, Li Ma, Guang Lin Yang, Wen Zhe Li
• Keywords: Anaerobic Fermentation Residues (AFR), Biogas, Demand, Funds, Supply, System Dynamics (SD)

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