BIOFerm™’s technology helps the environment and generates income in the process. Here are some ways building a digester at your operation could be a sound financial investment:
Energy Procurement Savings
By generating your own energy, owners of a BIOFerm™ digester take control of rising energy costs. With a known amount of production capability, a digester owner can ensure their ability to procure electricity, heat and/or fuel for a set price. This price will not fluctuate or increase, compared to the rising and falling price of energy from traditional sources.
Carbon Credits & Renewable Energy Credits (RECs)
By reducing methane released into the atmosphere and generating energy from renewable resources, BIOFerm™ systems produce two types of environmental credits: carbon credits and renewable energy credits. Voluntary and compliance markets for both of these credits exist in North America. Credits can be used to meet compliance standards, allowing digester owners to avoid fines imposed when compliance standards are not met. Additionally, selling of unneeded credits results in supplementary revenue.
Waste Disposal Savings
For all organic waste that goes into a digester, approximately 60% of the volume remains after digestion. Because the volume of organic waste is reduced through the anaerobic digestion process, significant cost savings can occur from avoidance of disposal needs. This results in vast reductions in the amount of waste material that needs to be hauled away.
Cost Savings/Sale of Byproducts
Gas production typically dominates the spotlight in the anaerobic digestion world, while benefits of residues and nutrient management are often overshadowed. However, utilizing the digestate and considering the value of properly managing nutrients, such as phosphorus, can greatly help the economics of a digester project. Digestate can be further processed to create sellable (or usable on-site) products, such as compost or animal bedding.