Techno-economic Analysis of Energy Recovery from Plastic Waste

Treatment of polymer-based wastes has a tremendous potential for generating alternative energy, reducing greenhouse gas emissions, creating economic and environmental benefits, and achieving a sustainable development of the energy sector. During the past few decades, plastic waste generation increased at a greater rate than the population, with the move towards single-use products. Also with raising the cost of oil-based products, greater emphasis should be placed upon the usage of plastic/polymer in the waste stream as a supplementary source of fuel. This study presents a techno-economic analysis of the recycling potential of plastic waste in Australia by evaluating the possible use of these wastes as a reductant in steel making incinerators. The study tries to shed light on a possible cost effective alternative route in the smart treatment of waste plastic in Australia.