Zuzana Kapustovรก –ย Slovak University of Agriculture in Nitra, Faculty of Economics and Management, Department of Economics,
Tr. A. Hlinku 2, 949 76 Nitra, Slovakia
ย Andrea Bohรกฤikovรก –ย Slovak University of Agriculture in Nitra, Faculty of Economics and Management, Department of Economics,
Tr. A. Hlinku 2, 949 76 Nitra, Slovakia
Jรกn Lajda –ย Land technologies s.r.o., Hlohoveckรก 11, 951 41 Luลพianky, Slovakia
ย ย DOI:ย https://doi.org/10.31410/ERAZ.S.P.2020.41
ย 6th International Conference – ERAZ 2020 – KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT,ย Online/virtual, May 21, 2020, SELECTED PAPERS
ย Published by:ย Association of Economists and Managers of the Balkans – Belgrade, Serbia
Conference partners: Faculty of Economics and Business, Mediterranean University, Montenegro; University of National and World Economy – Sofia, Bulgaria; Faculty of Commercial and Business Studies – Celje, Slovenia; Faculty of Applied Management, Economics and Finance โ Belgrade, Serbia
ย ISBN 978-86-80194-34-9, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.
ย Abstract
Anaerobic digestion is a microbial process that occurs in the absence of oxygen where a
community of microbial species breaks down both complex and simple organic materials, ultimately
producing methane and carbon dioxide. Biogas refers to a secondary energy carrier that can be produced
out of many different kinds of organic materials and its options for utilization can be equally
versatile – biogas can be used to generate electricity, heat and biofuels. It is clear that introduction of
the subsidies in 2009 for BGPs initiated usage of the AD technology for generating electric energy. The
sharpest increase in number of BGPs was recorded in 2013; however, there was a major downsizing in
their installation in 2014 due to change in the subsidy system. The main aim of the paper is to forecast
economic viability of biogas plants in Slovakia based on the net present value indicator, estimation of
payback period of the technology and assessment of the maximum economic price of input material.
ย Key words
ย Biogas, Net present value, Slovakia.
ย References
ย Anderson, R. G., Hoffman, D. L., & Rasche, R. H. (2002). A vector error โ correction forecasting
model of the US economy. Journal of Macroeconomics, 24 (4), 569 โ598.
https://doi.org/10.1016/S0164-0704(02)00067-8
Baxter (2014). Biogas integration into future energy supplies. In G. M. Gรผbitz (Author), Conference
proceedings for the international conference: BiogasScience 2014. Vienna, Austria: University
of Natural Resources and Life Sciences.
Braun, R., Weiland, P., & Wellinger, A. (2015). Biogas from Energy Crop Digestion.
Retrieved from: http://www.iea-biogas.net/files/daten-redaktion/download/energycrop_def_
Low_Res.pdf
Dollhofer, V. (2014). Pretreatment with anaerobic fungi, a solution to improve digestion of recalcitrant
substrates? In G. M. Gรผbitz (Author), Conference proceedings for the international conference:
BiogasScience 2014. Vienna, Austria: University of Natural Resources and Life Sciences.
EnergiePortal (2017). Biogas plants in SR (Bioplynovรฉ stanice v SR). Retrieved from: https://www.
energie-portal.sk/Dokument/bioplynove-stanice-v-sr-100191.aspx
Engler R. J., Jordan, E. J., McFarland, M. J., Lacewell, R. D. (2013). Economics and environmental
impact of biogas production as a manure management strategy. 109-114. Retrieved from:
<https://www.agmrc.org/media/cms/Engler2_F05E9EA9371B6.pdf>
European Biomass Association (2013). A Biogas Road Map for Europe.
Retrieved from:< http://www.aebiom.org/IMG/pdf/Brochure_BiogasRoadmap_WEB.pdf>
Food and Agriculture Organization of the United Nations (FAOSTAT). Crops. [statistics]. Retrieved
from: http://www.fao.org/faostat/en/#data/QC
Gebrezgabher, S. A., Meuwissen, M. P. M., Prins, B. A. M., & Oude Lansing, A. G. J. M. (2010). Economic
analysis of anaerobic digestion – A case of Green power biogas plant in The Netherlands.
NJAS โ Wageningen Journal of Life Science, 57, 109-115.
https://doi.org/10.1016/j.njas.2009.07.006
Gangopadhyay, K., Jangir, A., & Sensarma, R. (2016). Forecasting the price of gold: An error correction
approach. IIMB Management Review, 20 (1), 6 – 12. https://doi.org/10.1016/j.iimb.2015.11.001
Holm-Nielsen, J. B., Al Seadi, T., & Oleskowicz-Popiel, P. (2009). The future of anaerobic digestion
and biogas utilization. Biosource Technology, 100 (22), 5478-5484. https://doi.org/10.1016/j.biortech.
2008.12.046
Lippert, M. (n.d.). Calculating Grain Yield Utilizing a Corn Silage Forage Test.
Retrieved from < https://fyi.uwex.edu/forage/files/2016/10/GrainYieldfromCornSilageII.pdf>
Mรฉszรกros, A., & Jaลกลรกk, P. (2014). Economic efficiency of the biogas plant (Ekonomickรก efektรญvnosลฅ
bioplynovej stanice). Elektroenergetika, 7 (2), 9-14.
Patinvoh, R. J., Osadolor, O. A., Horvรกth, I. S., & Taherzadeh, M. J. (2017). Cost effective dry anaerobic
digestion in textile bioreactors: Experimental and economic evaluation. Bioresource
Technology, 245, 549-559. https://doi.org/10.1016/j.biortech.2017.08.081
Pepich, ล . et al. (2010). Usage of agricultural biomass for energy purposes and its impact on sustainable
development (Vyuลพitie poฤพnohospodรกrskej biomasy na energetickรฉ รบฤely a jej vplyv na
trvalo udrลพateฤพnรฝ rozvoj).
Retrieved from: <http://www.tsup.sk/files/vyuzitie_poln.biomasy_na_energet.ucely.pdf>
Santadkha, T., & Skolpap, W. (2017). Economic Comparative Evaluation of Combination of Activated
Carbon Generation and Spent Activated Carbon Regeneration Plants. Journal of Engineering
Science and Technology, 12 (12), 3329-3343.
Weil, R.M., & Maher, M.W. (2005). Handbook of Cost Management (2nd ed.). Hoboken, New Jersey:
JohnWiley & Sons, Inc.
Wellinger, A. (2014). Challenges and opportunities. In G. M. Gรผbitz (Author), Conference proceedings
for the international conference: BiogasScience 2014. Vienna, Austria: University of Natural
Resources and Life Sciences.
DOWNLOAD