The Feasibility of Implementing Bio Economy in Kosovo

Abstract

Kosovo is facing many problems and among the largest are environmental issues. Amid the polluters, waste management is not dealt with even though it is very hazardous to the environment. The main source of energy is produced from an old coal plant and is not considered efficient from EU Regulations. Currently, the waste management and biomass waste are done on a municipal level where the contracted companies collect the waste from households and dump it into certain landfill sites. An incineration plant is a facility that produces energy through burning waste. Solar energy is considered one of the most necessary projects to be implemented in Kosovo since it will bring a new efficient source of energy in the country. Kosovo has more than 270 days of sunlight and a solar plant would be a viable and profitable project to be built. In this thesis, the author has explained how inefficient waste management and not efficient source of energy can be hazardous to the environment, how the incineration and solar energy plant could improve the environment and economic sector in Kosovo and what are the main risks, budget, and costs for building such plants. This thesis also considers the funding method for the project. The legal framework in Kosovo would make it possible for incineration and solar energy plant to be built as it is mainly based on EU directives. Building those plants in Kosovo would be viable projects from an environmental as well as an economic perspective. The plants will allow for the employment of many individuals, production of electricity and heat in sustainable manners as well as reduce the landfills and improve the environment in Kosovo, thus making for a better life for Kosovars.