IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v64y2016icp749-760.html
   My bibliography  Save this article

A profitability assessment of European recycling processes treating printed circuit boards from waste electrical and electronic equipments

Author

Listed:
  • Cucchiella, Federica
  • D’Adamo, Idiano
  • Lenny Koh, S.C.
  • Rosa, Paolo

Abstract

The management of waste electrical and electronic equipment (WEEE) is a well-stressed topic in the scientific literature. However, (i) the amount of cash flows potentially reachable, (ii) the future profitability trends and (iii) the reference mix of treated volumes guaranteeing a certain profitability level are not so clear, and related data are unrecoverable. The purpose of the paper is to fill in this gap by identifying the presence of profitability within the recovery process of waste printed circuit boards (WPCBs) embedded in WEEE. Net present value (NPV) and discounted payback time (DPBT) are used as reference indexes for the evaluation of investments. In addition, a sensitivity analysis of critical variables (plant saturation level, materials content, materials market prices, materials final purity level and WPCBs purchasing and opportunity costs) demonstrates the robustness of the results. Furthermore, the calculation of the national NPV for each of the twenty-eight European nations (in function of both WPCB mix and generated volumes) and the matching of predicted WPCB volumes (within the 2015–2030 period) and NPV quantify potential advantages. The break even point of gold allowing some profits from selected recovery plants goes from 73 to 93 ppm per WPCB ton, for mobile and field plants, respectively. Finally, the overall European values go from 2404 million € (mobile plant) to 4795 million € (field plant) in 2013, with Germany and United Kingdom as reference nations.

Suggested Citation

  • Cucchiella, Federica & D’Adamo, Idiano & Lenny Koh, S.C. & Rosa, Paolo, 2016. "A profitability assessment of European recycling processes treating printed circuit boards from waste electrical and electronic equipments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 749-760.
  • Handle: RePEc:eee:rensus:v:64:y:2016:i:c:p:749-760
    DOI: 10.1016/j.rser.2016.06.057
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1364032116302891
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.rser.2016.06.057?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Sulaiman, N. & Hannan, M.A. & Mohamed, A. & Majlan, E.H. & Wan Daud, W.R., 2015. "A review on energy management system for fuel cell hybrid electric vehicle: Issues and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 802-814.
    2. Cucchiella, Federica & D׳Adamo, Idiano & Rosa, Paolo, 2015. "End-of-Life of used photovoltaic modules: A financial analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 47(C), pages 552-561.
    3. Colling, A.V. & Oliveira, L.B. & Reis, M.M. & da Cruz, N.T. & Hunt, J.D., 2016. "Brazilian recycling potential: Energy consumption and Green House Gases reduction," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 544-549.
    4. Tsang, Eric W. K., 2014. "Old and New," Management and Organization Review, Cambridge University Press, vol. 10(03), pages 390-390, November.
    5. Cucchiella, Federica & D’Adamo, Idiano & Lenny Koh, S.C. & Rosa, Paolo, 2015. "Recycling of WEEEs: An economic assessment of present and future e-waste streams," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 263-272.
    6. Zeng, Xianlai & Li, Jinhui & Liu, Lili, 2015. "Solving spent lithium-ion battery problems in China: Opportunities and challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1759-1767.
    7. Garlapati, Vijay Kumar, 2016. "E-waste in India and developed countries: Management, recycling, business and biotechnological initiatives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 874-881.
    8. Ruan, Jujun & Xu, Zhenming, 2016. "Constructing environment-friendly return road of metals from e-waste: Combination of physical separation technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 745-760.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Idiano D’Adamo & Paolo Rosa & Sergio Terzi, 2016. "Challenges in Waste Electrical and Electronic Equipment Management: A Profitability Assessment in Three European Countries," Sustainability, MDPI, vol. 8(7), pages 1-19, July.
    2. Lynda Andeobu & Santoso Wibowo & Srimannarayana Grandhi, 2023. "Environmental and Health Consequences of E-Waste Dumping and Recycling Carried out by Selected Countries in Asia and Latin America," Sustainability, MDPI, vol. 15(13), pages 1-28, July.
    3. Rakshith, Bairi Levi & Asirvatham, Lazarus Godson & Angeline, Appadurai Anitha & Manova, Stephen & Bose, Jefferson Raja & Selvin Raj, J Perinba & Mahian, Omid & Wongwises, Somchai, 2022. "Cooling of high heat flux miniaturized electronic devices using thermal ground plane: An overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 170(C).
    4. Beáta Stehlíková & Katarína Čulková & Marcela Taušová & Ľubomír Štrba & Eva Mihaliková, 2021. "Evaluation of Communal Waste in Slovakia from the View of Chosen Economic Indicators," Energies, MDPI, vol. 14(16), pages 1-22, August.
    5. Horațiu Vermeșan & Ancuța-Elena Tiuc & Marius Purcar, 2019. "Advanced Recovery Techniques for Waste Materials from IT and Telecommunication Equipment Printed Circuit Boards," Sustainability, MDPI, vol. 12(1), pages 1-23, December.
    6. Panchal, Rohit & Singh, Anju & Diwan, Hema, 2021. "Economic potential of recycling e-waste in India and its impact on import of materials," Resources Policy, Elsevier, vol. 74(C).
    7. Cucchiella, Federica & D’Adamo, Idiano & Gastaldi, Massimo & Koh, SC Lenny & Rosa, Paolo, 2017. "A comparison of environmental and energetic performance of European countries: A sustainability index," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 401-413.
    8. Amato, A. & Becci, A. & Birloaga, I. & De Michelis, I. & Ferella, F. & Innocenzi, V. & Ippolito, N.M. & Pillar Jimenez Gomez, C. & Vegliò, F. & Beolchini, F., 2019. "Sustainability analysis of innovative technologies for the rare earth elements recovery," Renewable and Sustainable Energy Reviews, Elsevier, vol. 106(C), pages 41-53.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zeng, Xianlai & Duan, Huabo & Wang, Feng & Li, Jinhui, 2017. "Examining environmental management of e-waste: China's experience and lessons," Renewable and Sustainable Energy Reviews, Elsevier, vol. 72(C), pages 1076-1082.
    2. Awasthi, Abhishek Kumar & Li, Jinhui, 2017. "Management of electrical and electronic waste: A comparative evaluation of China and India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 76(C), pages 434-447.
    3. Pathak, Pankaj & Srivastava, Rajiv Ranjan & Ojasvi,, 2017. "Assessment of legislation and practices for the sustainable management of waste electrical and electronic equipment in India," Renewable and Sustainable Energy Reviews, Elsevier, vol. 78(C), pages 220-232.
    4. Daniel Baratieri Valente & Ricardo César da Silva Guabiroba & Marco Antonio Conejero & Marcelino Aurélio Vieira Silva & Aldara da Silva César, 2021. "Economic analysis of waste electrical and electronic equipment management: a study involving recycling cooperatives in Brazil," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 17628-17649, December.
    5. Farrell, C.C. & Osman, A.I. & Doherty, R. & Saad, M. & Zhang, X. & Murphy, A. & Harrison, J. & Vennard, A.S.M. & Kumaravel, V. & Al-Muhtaseb, A.H. & Rooney, D.W., 2020. "Technical challenges and opportunities in realising a circular economy for waste photovoltaic modules," Renewable and Sustainable Energy Reviews, Elsevier, vol. 128(C).
    6. Dipsikha Dasgupta & Anupam Debsarkar & Tumpa Hazra & B. K. Bala & Amitava Gangopadhyay & Debasish Chatterjee, 2017. "Scenario of future e-waste generation and recycle-reuse-landfill-based disposal pattern in India: a system dynamics approach," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 19(4), pages 1473-1487, August.
    7. Daniela Cordova-Pizarro & Ismael Aguilar-Barajas & David Romero & Ciro A. Rodriguez, 2019. "Circular Economy in the Electronic Products Sector: Material Flow Analysis and Economic Impact of Cellphone E-Waste in Mexico," Sustainability, MDPI, vol. 11(5), pages 1-18, March.
    8. Deng, Rong & Chang, Nathan L. & Ouyang, Zi & Chong, Chee Mun, 2019. "A techno-economic review of silicon photovoltaic module recycling," Renewable and Sustainable Energy Reviews, Elsevier, vol. 109(C), pages 532-550.
    9. Idiano D’Adamo & Paolo Rosa & Sergio Terzi, 2016. "Challenges in Waste Electrical and Electronic Equipment Management: A Profitability Assessment in Three European Countries," Sustainability, MDPI, vol. 8(7), pages 1-19, July.
    10. Shahana Althaf & Callie W. Babbitt & Roger Chen, 2021. "The evolution of consumer electronic waste in the United States," Journal of Industrial Ecology, Yale University, vol. 25(3), pages 693-706, June.
    11. Ibn-Mohammed, T. & Koh, S.C.L. & Reaney, I.M. & Acquaye, A. & Schileo, G. & Mustapha, K.B. & Greenough, R., 2017. "Perovskite solar cells: An integrated hybrid lifecycle assessment and review in comparison with other photovoltaic technologies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 1321-1344.
    12. Kumar, Amit & Holuszko, Maria & Espinosa, Denise Crocce Romano, 2017. "E-waste: An overview on generation, collection, legislation and recycling practices," Resources, Conservation & Recycling, Elsevier, vol. 122(C), pages 32-42.
    13. Ali Shalizar Jalali, 2018. "Male Fertility as a Bull’s Eye for Mastocytosis," Global Journal of Reproductive Medicine, Juniper Publishers Inc., vol. 3(3), pages 58-60, February.
    14. Li, Tianyu & Liu, Huiying & Wang, Hui & Yao, Yongming, 2020. "Hierarchical predictive control-based economic energy management for fuel cell hybrid construction vehicles," Energy, Elsevier, vol. 198(C).
    15. Hui Yan & Guixiang Liu, 2021. "Fire’s Effects on Grassland Restoration and Biodiversity Conservation," Sustainability, MDPI, vol. 13(21), pages 1-15, October.
    16. Michal Plaček & Martin Schmidt & František Ochrana & Michal Půček, 2017. "Do the Selected Characteristics of Public Tenders Affect the Likelihood of Filing Petitions with the Regulators of Public Tenders?," Prague Economic Papers, Prague University of Economics and Business, vol. 2017(3), pages 317-329.
    17. Nikolov, Plamen & Adelman, Alan, 2019. "Do private household transfers to the elderly respond to public pension benefits? Evidence from rural China," The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
    18. Federica Cucchiella & Idiano D’Adamo & Paolo Rosa, 2015. "Industrial Photovoltaic Systems: An Economic Analysis in Non-Subsidized Electricity Markets," Energies, MDPI, vol. 8(11), pages 1-16, November.
    19. Dana Benešová & Viera Kubičková & Miroslava Prváková, 2020. "Open innovation model in the knowledge intensive business services in the Slovak Republic," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 8(2), pages 1340-1358, December.
    20. Holzmann, Robert & Alonso-García, Jennifer & Labit-Hardy, Heloise & Villegas, Andres M., 2017. "NDC Schemes and Heterogeneity in Longevity: Proposals for Redesign," IZA Discussion Papers 11193, Institute of Labor Economics (IZA).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:rensus:v:64:y:2016:i:c:p:749-760. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.