Abstract
In recent times, the issue of a “Phosphate Peak” has entered the academic debate and it is widely present in social media. Arguments in favour and against are similar to those mentioned in the much earlier debate on the “Oil Peak”. However, whereas the “Oil Peak” is supply driven, the “Phosphate Peak”, if at all, is demand driven. In contrast with oil, most of which is chemically transformed in CO2, vapor and other constituting elements, phosphate is not “consumed” during its primary use as a fertilizer. Hence, whilst phosphate rock, from which phosphate is mined, is a depletable resource, phosphate itself is potentially recyclable and re-usable. Research on the technologies for such a recovery is manifold and, specifically, efforts are spent on waste water as a source of phosphate. This, if successful, could lead to a changing perception of waste water treatment plants as a set of backstop technologies to eliminate an environmental problem into a “secondary liquid mine” from which phosphate, but not only phosphate, could be extracted for re-use. Hence, for that purpose, an economic model of efficient extraction of phosphate and other elements from waste water in a waste water treatment plant could give guidance to operators. This paper presents such a model describing the optimal simultaneous extraction of several elements, including phosphate, from a “secondary liquid mine”. The elements are assumed to be present in given proportions (ratios) in this “mine” and the model shows that these ratios have an impact on the optimal extraction path and on resulting “implicit” shadow pricing rules to be adopted by the waste water treatment plant operator.
Highlights
The issue of “running out of phosphate” receives attention in academic and policy debates, even though phosphate rock, from which most of it is produced, is available up to some 69 billion tonnes [1]
The elements are assumed to be present in given proportions in this “mine” and the model shows that these ratios have an impact on the optimal extraction path and on resulting “implicit” shadow pricing rules to be adopted by the waste water treatment plant operator
If phosphate and probably other elements are extracted from waste water, a waste water treatment plant can be considered as a “secondary liquid mine” with a potential to generate “valuable” resources
Summary
The issue of “running out of phosphate” receives attention in academic and policy debates, even though phosphate rock, from which most of it is produced, is available up to some 69 billion tonnes [1]. It is to be considered as a depletable resource. If phosphate and probably other elements are extracted from waste water, a waste water treatment plant can be considered as a “secondary liquid mine” with a potential to generate “valuable” resources.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.