title: Economic analysis of waste-to-energy industry in China.
abstract: The generation of municipal solid waste is further increasing in China with urbanization and improvement of living standards. The "12th five-year plan" period (2011-2015) promotes waste-to-energy technologies for the harmless disposal and recycling of municipal solid waste. Waste-to-energy plant plays an important role for reaching China's energy conservation and emission reduction targets. Industrial policies and market prospect of waste-to-energy industry are described. Technology, cost and benefit of waste-to-energy plant are also discussed. Based on an economic analysis of a waste-to-energy project in China (Return on Investment, Net Present Value, Internal Rate of Return, and Sensitivity Analysis) the paper makes the conclusions.
authors.affiliation: School of Economics and Management, North China Electric Power Univ., Beijing 102206, China. Electronic address: rainman319@sina.com.
authors.forename: Xin-Gang
authors.initials: XG
authors.lastname: Zhao
authors.affiliation: School of Economics and Management, North China Electric Power Univ., Beijing 102206, China. Electronic address: 392235682@qq.com.
authors.forename: Gui-Wu
authors.initials: GW
authors.lastname: Jiang
authors.affiliation: School of Economics and Management, North China Electric Power Univ., Beijing 102206, China. Electronic address: 475626340@qq.com.
authors.forename: Ang
authors.initials: A
authors.lastname: Li
authors.affiliation: State Grid Liaoning Electric power co., LTD. Benxi Power Supply Company, Benxi 117000, China. Electronic address: bxwl_650928@126.com.
authors.forename: Ling
authors.initials: L
authors.lastname: Wang
mesh_terms: D002681:China; D003246:Conservation of Energy Resources / Q000191:economics / Q000379:methods; D003362:Cost-Benefit Analysis; D005740:Gases; D017745:Incineration; D007220:Industrial Waste; D018803:Models, Economic; D011210:Power Plants / Q000191:economics; D059027:Recycling; D012037:Refuse Disposal / Q000191:economics* / Q000379:methods*; D062611:Solid Waste / Q000032:analysis*; D013672:Technology / Q000191:economics / Q000379:methods; D064091:Waste Disposal Facilities; D018505:Waste Management / Q000191:economics / Q000379:methods
chemical_list: D005740:Gases; D007220:Industrial Waste; D062611:Solid Waste
keywords: Break-even analysis; Economic analysis; Industrial performance; Internal rate of return (IRR); Net present value (NPV); Sensitivity analysis; Waste incineration; Waste-to-energy