Applicability Of Incineration Technology In Waste Management: Istanbul Case Study

Year 2022, , 121 - 137, 31.12.2022

Mehmet Taştan , Mehmet Nurettin Uğural

https://doi.org/10.47897/bilmes.1212938

Cited By: 1

Abstract

The purpose of this study is to make a technological and financial forecast for the future construction of similar facilities based on feasibility data from the Istanbul Domestic Waste Incineration and Energy Production Facility, which was constructed to minimize environmental damage and give domestic solid wastes economic value, as opposed to storing and disposing of them. The study examined the initial investment and operating costs of the facility, the repayment time and profitability calculations, the financial and economic profitability of the project, and the cost and internal profitability rates for other waste disposal facilities to be established, in addition to comparisons with conventional waste management systems (storage or composting) and incineration techniques. By separating themselves as much as possible from conventional waste management systems, systems employing technological methods will be more realistic and cost-effective, both financially and in terms of the environment. To meet rising energy demands and lessen reliance on foreign sources, investments in sustainable renewable energy systems other than fossil fuels must be increased now. It is crucial to accelerate and support investments in environmentally friendly energy technologies through their development. This is the first study conducted in Turkey on obtaining energy by burning domestic solid waste as opposed to storing it.

Keywords

Waste Management, Investment Management, Project Management

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