A Stochastic Anaerobic Digestion Economic Assessment Tool (SADEAT)

Yakubu Abdul-Salam* (Corresponding Author)

*Corresponding author for this work

Research output: Contribution to journalArticle

Abstract

Deterministic approaches to analysing the economic feasibility of anaerobic digestion (AD) projects can lead to non-robust results. Stochastic approaches are inherently robust because they simultaneously explore multiple stochastic AD variables based on their probability distributions. However, few research papers on AD economics have used a stochastic approach in part due to the unavailability of tools for doing so. This paper presents a freely available stochastic AD economic assessment tool (SADEAT) to help private firms, farmers and scientists interested in robustly assessing the economic feasibility of AD projects and/or policymakers seeking to explore policy options for the industry.

Original languageEnglish
Pages (from-to)190-197
Number of pages8
JournalSoftwareX
Volume7
Early online date30 Jun 2018
DOIs
Publication statusPublished - 2018

Fingerprint

Anaerobic digestion
Economics
Probability distributions
Industry

Keywords

  • Anaerobic digestion
  • Decision support
  • Economics
  • Stochastic

ASJC Scopus subject areas

  • Software
  • Computer Science Applications

Cite this

A Stochastic Anaerobic Digestion Economic Assessment Tool (SADEAT). / Abdul-Salam, Yakubu (Corresponding Author).

In: SoftwareX, Vol. 7, 2018, p. 190-197.

Research output: Contribution to journalArticle

@article{09ac7c4cf78a41eea7f3ad601775e4a5,
title = "A Stochastic Anaerobic Digestion Economic Assessment Tool (SADEAT)",
abstract = "Deterministic approaches to analysing the economic feasibility of anaerobic digestion (AD) projects can lead to non-robust results. Stochastic approaches are inherently robust because they simultaneously explore multiple stochastic AD variables based on their probability distributions. However, few research papers on AD economics have used a stochastic approach in part due to the unavailability of tools for doing so. This paper presents a freely available stochastic AD economic assessment tool (SADEAT) to help private firms, farmers and scientists interested in robustly assessing the economic feasibility of AD projects and/or policymakers seeking to explore policy options for the industry.",
keywords = "Anaerobic digestion, Decision support, Economics, Stochastic",
author = "Yakubu Abdul-Salam",
note = "The author would like to acknowledge the Macaulay Development Trust which funded his postdoctoral fellowship with The James Hutton Institute, Aberdeen, UK in the period January 2015 to January 2018. The author would also like to thank the Centre for Energy Economics Research and Policy at the Heriot-Watt University, Edinburgh where he is currently based, and BP Plc which supports his current fellowship, for part funding this research.",
year = "2018",
doi = "10.1016/j.softx.2018.05.004",
language = "English",
volume = "7",
pages = "190--197",
journal = "SoftwareX",
issn = "2352-7110",
publisher = "Elsevier BV",

}

TY - JOUR

T1 - A Stochastic Anaerobic Digestion Economic Assessment Tool (SADEAT)

AU - Abdul-Salam, Yakubu

N1 - The author would like to acknowledge the Macaulay Development Trust which funded his postdoctoral fellowship with The James Hutton Institute, Aberdeen, UK in the period January 2015 to January 2018. The author would also like to thank the Centre for Energy Economics Research and Policy at the Heriot-Watt University, Edinburgh where he is currently based, and BP Plc which supports his current fellowship, for part funding this research.

PY - 2018

Y1 - 2018

N2 - Deterministic approaches to analysing the economic feasibility of anaerobic digestion (AD) projects can lead to non-robust results. Stochastic approaches are inherently robust because they simultaneously explore multiple stochastic AD variables based on their probability distributions. However, few research papers on AD economics have used a stochastic approach in part due to the unavailability of tools for doing so. This paper presents a freely available stochastic AD economic assessment tool (SADEAT) to help private firms, farmers and scientists interested in robustly assessing the economic feasibility of AD projects and/or policymakers seeking to explore policy options for the industry.

AB - Deterministic approaches to analysing the economic feasibility of anaerobic digestion (AD) projects can lead to non-robust results. Stochastic approaches are inherently robust because they simultaneously explore multiple stochastic AD variables based on their probability distributions. However, few research papers on AD economics have used a stochastic approach in part due to the unavailability of tools for doing so. This paper presents a freely available stochastic AD economic assessment tool (SADEAT) to help private firms, farmers and scientists interested in robustly assessing the economic feasibility of AD projects and/or policymakers seeking to explore policy options for the industry.

KW - Anaerobic digestion

KW - Decision support

KW - Economics

KW - Stochastic

UR - http://www.scopus.com/inward/record.url?scp=85049299420&partnerID=8YFLogxK

U2 - 10.1016/j.softx.2018.05.004

DO - 10.1016/j.softx.2018.05.004

M3 - Article

AN - SCOPUS:85049299420

VL - 7

SP - 190

EP - 197

JO - SoftwareX

JF - SoftwareX

SN - 2352-7110

ER -