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Cost-benefit Analysis of Water Production with Seawater Reverse Osmosis System: A Case study for Mersin Free Zone and International Port

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  • Aytekin Sarica

    (Department of Fisheries, Mersin University, Institute of Science and Technology, Mersin, Turkey.)

Abstract

In this study, calculation of sea water reverse osmosis system cost has been used to determine local cost of the system and recycling time of investment. Local area owner and investor of the system are accepted as Mersin Free Zone and Mersin International port due to common water usage areas, and real connection road is named as corridor. The local cost of the system was calculated as 0.49 $/m3 for 1000 m3/day capacity. Both companies take and use water which has a cost of approximately 0.75$/m3 from Mersin Metropolitan Municipality. The most important factors are determined as the sales volume and price of water for ships due to earnings from ships significantly decreased the recycling period of the system. The calculation of the system cost showed that the recycling time of the capital is

Suggested Citation

  • Aytekin Sarica, 2018. "Cost-benefit Analysis of Water Production with Seawater Reverse Osmosis System: A Case study for Mersin Free Zone and International Port," International Journal of Economics and Financial Issues, Econjournals, vol. 8(5), pages 142-147.
    • Handle: RePEc:eco:journ1:2018-05-20
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    References listed on IDEAS

    as
    1. Shu, Gequn & Liang, Youcai & Wei, Haiqiao & Tian, Hua & Zhao, Jian & Liu, Lina, 2013. "A review of waste heat recovery on two-stroke IC engine aboard ships," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 385-401.
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    More about this item

    Keywords

    Reverse osmosis; water production; cost-benefit; economy;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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