Economic Feasibility for Recycling of Waste Crystalline Silicon Photovoltaic Modules

International Journal of Photoenergy - Tập 2017 - Trang 1-6 - 2017
Idiano D’Adamo1, Michela Miliacca2, Paolo Rosa3
1Department of Industrial and Information Engineering and Economics, University of L'Aquila, Via G. Gronchi 18, 67100, L'Aquila, Italy
2Department of Enterprise Engineering, University of Rome “Tor Vergata”, Via del Politecnico 1, 00133 Rome, Italy
3Department of Management, Economics and Industrial Engineering – Politecnico di Milano, Piazza Leonardo da Vinci 32, 20133 Milano, Italy

Tóm tắt

Cumulative photovoltaic (PV) power installed in 2016 was equal to 305 GW. Five countries (China, Japan, Germany, the USA, and Italy) shared about 70% of the global power. End-of-life (EoL) management of waste PV modules requires alternative strategies than landfill, and recycling is a valid option. Technological solutions are already available in the market and environmental benefits are highlighted by the literature, while economic advantages are not well defined. The aim of this paper is investigating the financial feasibility of crystalline silicon (Si) PV module-recycling processes. Two well-known indicators are proposed for a reference 2000 tons plant: net present value (NPV) and discounted payback period (DPBT). NPV/size is equal to −0.84 €/kg in a baseline scenario. Furthermore, a sensitivity analysis is conducted, in order to improve the solidity of the obtained results. NPV/size varies from −1.19 €/kg to −0.50 €/kg. The absence of valuable materials plays a key role, and process costs are the main critical variables.

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