F. Schultmann et al., A methodological approach for the economic assessment of best available techniques - Demonstrated for a case study from the steel industry, INT J LIFE, 6(1), 2001, pp. 19-27
The determination and the assessment of Best Available Techniques (BAT) is
one of the key issues in the realisation of the IPPC-Directive. While resea
rch has already focused on environmental benefits and technical practicabil
ity of techniques within LCA, little work has been carried out assessing ec
onomic feasibility. A methodology for the economic assessment of BAT in the
framework of the IPPC-Directive on a plant level has to comprise all costs
that accrue by measures to prevent, to reduce, to utilise or to remove emi
ssions into water, air and soil caused by industrial production processes.
The applied cost concept provides a systematic accounting and allocation of
decision relevant costs and possibly revenues, that are pertinent to the e
conomic assessment of BAT. The application of the methodology to a case stu
dy from the steel industry shows the practical use of the approach.