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Energy from Waste: Generation Potential and Mitigation Opportunity

Author

Listed:
  • Bosello, Francesco
  • Campagnolo, Lorenza
  • Eboli, Fabio
  • Parrado, Ramiro

Abstract

The present research proposes a macroeconomic assessment of the role of waste incineration with energy recovery (WtE) and controlled landfill biogas to electricity generation and their potential contribution to a CO2 emission reduction policy, within a recursive-dynamic computable general equilibrium model. From the modelling viewpoint, introducing these energy sectors in such a framework required both the extension of the GTAP7 database and the improvement of the ICES production nested function. We focus our analysis on Italy as a signatory of the GHG reduction commitment of 20% by 2020 wrt 1990 levels proposed by the European Community; the rest of the world is represented by 21 geo-political countries/regions. It is shown that albeit in the near future WtE and landfill biogas will continue to represent a limited share of energy inputs in electricity sector (in Italy, around 2% for WtE and 0.6% for biogas in 2020) they could play a role in a mitigation policy context. The GDP cost of the EU emission reduction target for the Italian economy can indeed be reduced by 1% when the two energy generating options are available. In absolute terms, this translates into an annuitized value of 87-122 million €.

Suggested Citation

  • Bosello, Francesco & Campagnolo, Lorenza & Eboli, Fabio & Parrado, Ramiro, 2014. "Energy from Waste: Generation Potential and Mitigation Opportunity," Climate Change and Sustainable Development 172432, Fondazione Eni Enrico Mattei (FEEM).
  • Handle: RePEc:ags:feemcl:172432
    DOI: 10.22004/ag.econ.172432
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    Cited by:

    1. is not listed on IDEAS
    2. Ozga Patrycja, 2018. "Obtaining Electric and Thermal Energy from Processed Municipal Waste and the State of Waste Management in Poland in 2015," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 11(2), pages 34-44, June.
    3. Alessio D’Amato & Shunsuke Managi & Massimiliano Mazzanti, 2012. "Economics of waste management and disposal: decoupling, policy enforcement and spatial factors," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(4), pages 323-325, October.

    More about this item

    Keywords

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    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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