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500. Optimisation and Macroeconomic models in Circular Economy analyses
Invited abstract in session TC-23: Optimization for the Circular Economy, stream Circular Economy, Remanufacturing and Recycling .
Tuesday, 12:30-14:00Room: 82 (building: 116)
Authors (first author is the speaker)
1. | Gerardo Perez Valdes
|
Sustainable Energy Technology, SINTEF Industry | |
2. | Amira Rachah
|
Sustainable Energy Technology, SINTEF | |
3. | Kirsten S. Wiebe
|
NTNU / SINTEF |
Abstract
In this presentation, we showcase a range of projects that integrate optimization and macroeconomic modeling to explore the circular economy in Norway.
The first project focuses on utilizing input-output modeling to evaluate the impacts of building renovation policies in Oslo, with a specific emphasis on energy efficiency measures. The findings of this work have been published in peer-reviewed journals and serve as a foundation for future analyses that combine detailed technical information with macroeconomic analysis.
The second project, Synagri, employs supply-use modeling to assess the effects of biotechnology advancements in the agricultural sector and their benefits for farmers and other stakeholders near the beginning of the value chain. In particular, the project considers and models the circularity and reuse of byproducts of the animal rearing and food processing.
Lastly, the European project Treasource employs value-chain optimization in the context of recycling plastics, batteries, and bio-based streams in Northern Europe. The developed model focuses on waste generated from industrial processes and consumption, exploring its recycling potential.
All of the aforementioned projects prioritize data-driven circular economic analysis and cover diverse topics, each presenting their own unique challenges and requirements. Some of them have concluded, while others are ongoing work.
Keywords
- Economic Modeling
- OR in Agriculture
- OR in Sustainability
Status: accepted
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