Solid Waste Management Baling Scheme Economics Methodology

A cost structure is proposed for evaluating and improving the ecological-economic efficiency of baling sub-scheme units within solid waste management schemes that end with, for example, incineration for heat and power production. The methodology proposed employs the previously introduced WAste Managements’ Efficient Decision model (WAMED) and the COmpany STatistical BUSiness Tool for Environmental Recovery indicator (COSTBUSTER). The previously introduced equality principle and the Efficient Use of Resources for Optimal Production Economy (EUROPE) model are applied so to in monetary terms express the emissions in case of bale related fire (sol), pollutions from leachate (liq) and odour (g) at a scheme. Previously, the EUROPE model has been applied to residuals from producing industry, the construction sector and whole landfills. A case study presents the practical application of the proposed methodology. It is concluded that the presented novel methodology for evaluation and improvement of the ecological-economic efficiency of solid waste baling management schemes simultaneously decreases the negative impact on the environment and the health of the population, provides the foundation of an investment appraisal support tool for the implementation of solid waste management projects and enables comparative analysis of estimated, actual and prevented monetary damages from the implementation of baling plant units.