Federica Cucchiella

Environmental Engineering, Industrial Engineering

PhD
25.82

Publications

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    Federica Cucchiella, Idiano D 'adamo, Paolo Rosa
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    ABSTRACT: The photovoltaic (PV) industry has a relevant role in terms of energy systems sustainability. The economic and environmental benefits related to its application brought the PV sector to an overall installed power of about 138 GW in 2013 (þ 24% compared to 2012). The recent update of the European Waste Electrical and Electronic Equipment (WEEE) Directive classifies End-of-Life (EoL) PV panels as an electrical/electronic waste. Hence, it became mandatory to define alternative strategies to landfill [1]. The scientific literature presents different interesting technological solutions, together with related environmental benefits coming from the PV modules recycling. However, there is a clear fragmentation from an economic point of view [2]. The aim of this paper is to apply a financial methodology, like the Discounted Cash Flow (DCF) analysis, for the assessment of PV modules recycling process profitability. This method goes to evaluate two main indexes, as the Net Present Value (NPV) and the Discounted Payback Period (DPBT). The Italian context is selected as a reference case study for the definition of an optimal plant capacity size related to current and expected national market volumes. To this aim, two types (pilot and industrial) of plants are proposed by the authors. The obtained financial results are useful to support future strategic decisions about the PV recycling management. &
    Renewable and Sustainable Energy Reviews 07/2015; 47:552-561. DOI:10.1016/j.rser.2015.03.076 · 5.51 Impact Factor
  • Federica Cucchiella, Idiano D'Adamo, SC Lenny Koh, Paolo Rosa
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    ABSTRACT: Waste from Electric and Electronic Equipments (WEEEs) is currently considered to be one of the fastest growing waste streams in the world, with an estimated growth rate going from 3% up to 5% per year. The recycling of Electric or electronic waste (E-waste) products could allow the diminishing use of virgin resources in manufacturing and, consequently, it could contribute to in reducing reduce the environmental pollution. Given that EU is trying, since the last two decades, to develop a circular economy based on the exploitation of resources recovered by wastes, a comprehensive framework supporting the decision-making process of multi-WEEE recycling centres will be analysed in this paper. An economic assessment will define the potential revenues coming from the recovery of fourteen e-products (e.g. LCD notebooks, LED notebooks, CRT TVs, LCD TVs, LED TVs, CRT monitors, LCD monitors, LED monitors, cell phones, smart phones, PV panels, HDDs, SSDs and tablets) on the base of current and future disposed volumes in Europe. Moreover, a sensitivity analysis will be used to test the impact of some critical variables (e.g. price of recovered materials, input materials composition, degree of purity obtained by the recycling process, volumes generated, and percentage of collected waste) on specific economic indexes. A discussion of the economic assessment results shows the main challenges in the recycling sector and streamlines some concrete solutions.
    Renewable and Sustainable Energy Reviews 04/2015; 51. DOI:10.1016/j.rser.2015.06.010 · 5.51 Impact Factor
  • Federica Cucchiella, Idiano D’Adamo
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    ABSTRACT: Photovoltaic technology has grown globally over the past 4 years at a remarkable rate (from 24 GW worldwide in 2009 to 138 GW in 2013) and is on its way to becoming a strategic electricity source (EPIA 2014a, b). This paper aims to determine whether the objectives of environmental protection and economic profit can coexist in an investment in residential photovoltaic power generation facilities in Italy. Currently, investors are choosing the principle of economic maximisation; in this way, even if a photovoltaic system is designed to reduce carbon emissions, it is not guaranteed that the carbon emissions will be reduced at a minimum level (environmental maximisation). The government support to promote renewable energy is essential for photovoltaic investments. In this article, the effectiveness of supporting renewable electricity policies (such as feed-in-tariff and tax deduction) has been assessed for the multiple combinations of energy output and electrical energy required; 2,304 numerical experiments (related to 2012-2014) demonstrate the effects of policies that could be adopted for supporting renewable electricity generation. Furthermore, is presented a comparison among the profitability of residential photovoltaic facilities in 2012, 2013 and 2014 that are affected by different investment costs and several incentive mechanisms.
    Clean Technologies and Environmental Policy 02/2015; DOI:10.1007/s10098-015-0913-1 · 1.67 Impact Factor
  • Federica Cucchiella, Idiano D’Adamo
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    ABSTRACT: The development of photovoltaic (PV) energy has led to rising efficiencies, better reliability, and falling prices. A multicriteria analysis (MCA) of PV systems is proposed in this paper in order to evaluate the sustainability of alternative projects. The investigations are presented using multiple indicators: Energy Payback Time (EPBT), Energy Return on Investment (EROI), Greenhouse Gas per kilowatt-hour (GHG/kWh), Greenhouse Gas Payback Time (GPBT), Greenhouse Gas Return on Investment (GROI), Net Present Value (NPV), Discounted Payback Time (DPBT), and Discounted Aggregate Cost Benefit (D(B/C)(A)). PV energy is a relevant player in global electricity market and can have a key-role in sustainable growth.
    International Journal of Photoenergy 01/2015; 2015:1-8. DOI:10.1155/2015/627454 · 2.66 Impact Factor
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    Federica Cucchiella, Idiano D 'adamo, Massimo Gastaldi
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    ABSTRACT: Biomethane is an interesting source for sustainable energy systems, featuring great flexibility that translates into multiple possible applications (vehicle fuel, combined production of thermal and electrical energy, injection in the gas grid). Compared to biogas, biomethane permits greater efficiency. Its use is not limited to the immediate area of the plant and purification of the raw methane means greater lifespans for the equipment. This paper analyses its use in the transport sector in light of recent statutory changes that introduce incentives. Net present value and discounted payback time are applied for the evaluation of profitability of biomethane plants, and are calculated in function of the feedstocks used, the plant dimensions and the firm configuration (producer and distributor combined; separate firms). Environmental considerations and a high number of natural gas vehicles define its strategic role in the Italian transport sector.
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    ABSTRACT: Renewable energies have a key role in defining an energy policy based on security, independence, and sustainability. The Italian market is characterised by the absence of support mechanisms for photovoltaic sources for electricity and by a high level of maturity in the energy market. Consequently, this paper contributes to, and advances, the debate concerning self-consumption that can support the economic sustainability of photovoltaic facilities. We constructed a database to conduct an analysis. A survey was conducted among 750 companies operating in various stages of the industry supply chain. The survey collected data related to industry turnover, profitability levels, profitability margins of the business areas and employee numbers. The economic feasibility of photovoltaic investment is evaluated for systems of varying sizes (3 kW, 20 kW, 200 kW, 400 kW, and 1 MW) located in two areas of the country to account for different levels of insolation (northern and southern regions). The indicators used are net present value (NPV) and discounted payback time (DPBT). A subsequent sensitivity and scenario analysis is conducted according to the share of self-consumption, investment costs, and financial structure to examine 210 case studies.
    Energy Conversion and Management 12/2014; 88:317–331. DOI:10.1016/j.enconman.2014.08.044 · 3.59 Impact Factor
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    Federica Cucchiella, Massimo Gastaldi, Luigi Ranieri
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    ABSTRACT: Absenteeism is an employee's intentional or habitual absence from work. While employers expect workers to miss a certain number of workdays each year, excessive absences can equate to decreased productivity and can have a major effect on company strategies, finances, morale and other factors. The main aim of this paper is to take a broad view of the causes a of workplace absenteeism in the Hera Group, an Italian multiutility leader in environmental, water and energy services, and to describe various facets of its assessment and management. It is intended to provide both an overview on absenteeism data and then progress to exploring solutions and discussions on absenteeism problems, connecting strategic goals with human resource related issues.
    Procedia - Social and Behavioral Sciences 09/2014; 150:1157-1166. DOI:10.1016/j.sbspro.2014.09.131
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    Federica Cucchiella, Idiano D'Adamo, Massimo Gastaldi
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    ABSTRACT: In 1995, Porter and van der Linde defined pollution as a manifestation of economic waste. Currently, incorrect information and conflicting theories among scientists hinder the diffusion of sustainable practices in waste management [1]. New industrial market research reports highlight that the value of the global waste incineration market has increased in recent years (+$1.3 billion dollars from 2008 to 2012), and this sector will continue to grow (+$6.8 billion dollars from 2012 to 2022) [2]. The paper focuses on the Italian situation on which urgent actions are required because more than 50% of waste is landfilled [3]. The correct environmental management increases the financial performance because waste investments offer both environmental and economic benefits. The problem to solve is related to both waste management and high levels of recycling, where an unsorted fraction of waste will remain. Based on a thorough review of the topic, a national waste management plan (NWMP) for energy recovery is herein proposed for evaluating all the aspects of sustainability of waste-to-energy (WTE) plants: the reduction of greenhouse gases (GHGs) with respect to landfill, the estimation of financial net present value (FNPV) and the economic net present value (ENPV) and, finally, the estimation of new employment opportunity.
    Renewable and Sustainable Energy Reviews 05/2014; submitted to. DOI:10.1016/j.rser.2014.02.015 · 5.51 Impact Factor
  • Federica Cucchiella, Idiano D’Adamo, Massimo Gastaldi
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    ABSTRACT: The management and exploitation of renewable energy sources is now recognised as central to sustainable development. Environmental concerns, recurring oil crises and market weaknesses, combined with the availability of power from natural resources and resulting possibilities for job creation and energy independence, have all pushed developed and developing countries towards new energy strategies that include RES. This paper analyses the profitability of potential investments in small, medium and large RE electrical power facilities, applying a Net Present Value (NPV) methodology. The proposed financial analysis permits strategic selection of an energy portfolio from among available sources and plant sizes. The paper then discusses potential constraints, and where possible applies the NPV methodology for estimating the necessary changes in decision-making. It defines the role of government incentive schemes in the financial results and evaluates the impact of variation in critical variables (subsidies, sale price of electricity, investment cost, operating cost and equivalent operating hours) on the estimation of NPV. Finally, the paper analyses the environmental impact of all the energy sources examined, examines the links with the financial results and proposes socio-economic policy considerations based on the entirety of the research results. While the methodology is applied to the Italian case, it could be modified to serve in other nations by adapting the input parameters to reflect the different regulatory and market contexts.
    Clean Technologies and Environmental Policy 04/2014; 17(4). DOI:10.1007/s10098-014-0839-z · 1.67 Impact Factor
  • Federica Cucchiella, Massimo Gastaldi
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    ABSTRACT: In Italy in the past three years, electricity generation from renewables recorded high growth rates. In 2011, it continued to have an upword trend (+7.8% on 2010), reaching 82,961 GWh. The EU directive on renewable requires to increase renewable energy with a target of 19.6% of total electricity consumption from renewables. In 2011, Italy recorded 23.5%, surpassing by wide margin the proposed target. Moreover the year 2011 represents a turning point since until 2010, the extent of renewable generation was mostly affected by the behavior of the hydro source, while in 2011 the hydro output is stable and the new renewables (solar, wind and biomass) increase. At the same time the effort of management science to assessing efficiency is reaching its goals with the use of Data Envelopment Analysis, a mathematical programming technique able to estimate the comparative efficiency of a set of units which, though distinct production processes and technology, take a given level of inputs to produce a given quantity of outputs. In this paper the efficiency of renewable energy technology (photovoltaic, wind, biomass, hydro) is evaluated with Data Envelopment Analysis at regional level in Italy considering investment and operating costs as inputs and installed power capacity, energy intensity and the CO2 avoided as outputs. For each sources the more and the less efficient region is selected and an accurate analysis of the obtained results is outlined. The policy implications of the obtained results conclude the paper.
    04/2014; 912-914:1607-1611. DOI:10.4028/www.scientific.net/AMR.912-914.1607
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    Federica Cucchiella, Idiano D’Adamo, Massimo Gastaldi
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    ABSTRACT: Current economic crisis brought to light the structural deficiencies of European economy. This paper aims to improve the performances of a policy on sustainable municipal solid waste management strategies. Specifically, the attention is focused on Italian country that reports a high rate of landfilling. Waste to Energy plant is an attractive technological option in municipal solid waste, but it is a subject of intense debate. Incinerators require effective and efficient controls to avoid emissions of harmful pollutants into the air, land and water, which may influence human health and environment. To address waste management situation, this study uses a multi-objective mathematical programming. A new plan is presented to evaluate and quantify the effects of initiatives for diversion of current waste from landfill. In an attempt to better simulate realistic waste management scenarios, the amount of waste generated is not annually constant and changes are accounted in waste diversion rates. Moreover, due to the geographical characteristics of Italy, the realization of new facilities is replicated with a regional detail. In this paper economic and financial indicators are used to define the profitability of waste facilities. Moreover, a sensitivity analysis is used to test some of the initial assumptions. Once identified the efficient Waste to Energy plant, regional strategies of waste management are proposed to optimize financial and environmental benefits of the sector. The proposed waste management framework provides a concrete scheme for future research in assessing quantitatively the effectiveness of waste management.
    Energy Conversion and Management 01/2014; 77:709-720. DOI:10.1016/j.enconman.2013.10.024 · 3.59 Impact Factor
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    Federica Cucchiella, Idiano D’Adamo
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    ABSTRACT: Actually, one of the most relevant debates, among both citizens that government, is related to energy and environmental issue. The development of renewable energy usage is due to several factors such as the political strategic decisions and geographical situation. Indeed the high development of renewable energies requires challenges from a supply chain point of view. In this paper, a thorough survey of the extant literature on the topic of supply chain (SC) and renewable energy (RE) has been conducted. English papers published on international peer-reviewed journals from 2003 to 2013 have been considered. Sustainable Supply Chain Management (SSCM) resolves the duality between environmental, economic and social aspects. Sustainable manufacturing practices play an essential role in promoting renewable energy development and commercialization; this will require significant changes to the industry's traditional Supply Chain Management and business model. The aim of the paper is investigate literature insights useful to increase the performance and overcome barriers to the RE supply chain development. Like many typical supply chains, also supply chain related to RE includes elements such as: physical, information, and financial flows. The present research is useful to individualize characteristics of a RE supply chain. Moreover, the research is useful improve the performance of RE supply chain in some aspects like: better control supply chain costs to make renewable energy more affordable; manage supply chain to address weakened demand in the near term, and increase flexibility to handle anticipated rapid growth in the next 3-5 years; In so doing the present research has practical implications that make the results interesting for decision maker about optimal design of a system operating from one renewable energy sources. Moreover, the results are interesting for researchers since are individualized many sectors where it is necessary to proceed with additional research investigations.
    Energy Conversion and Management 12/2013; 76:774-780. DOI:10.1016/j.enconman.2013.07.081 · 3.59 Impact Factor
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    Federica Cucchiella, Idiano D'Adamo, S. C. Lenny Koh
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    ABSTRACT: Solar energy is a form of renewable energy that can be used to combat climate change through an environmentally accepted energy supply policy with support from both private and public consumers. There are numerous factors contributing to the definition of the economic and environmental performance of solar energy investments, such as average annual irradiation, consumers' consumption, Feed in Tariff incentive system, energy portfolio, emissions produced by the photovoltaic system, rated power of the individual modules, disposable income of the investor, availability of surface for the installation of the photovoltaic panels and mission, that characterise the project (environmental maximisation, economic maximisation or self-sufficiency of the system during the first year). Given the particular geographical position of Italy, the economic profitability and environmental impact of such system were estimated, first on the provincial scale and then on the regional scale, to delineate the general characteristics that are not caused by a single scenario. The indicators used include the following: net present value (NPV), internal rate of return (IRR), discounted payback period (DPbP), discounted aggregate cost-benefit ratio (BCr) and reduction of emissions of carbon dioxide (ERcd). The ultimate objective of the paper is to define the number of photovoltaic (PV) systems necessary to reach the target of renewable energy production in the above settings. A general scenario appropriate to achieve this goal, as well as implementing the total wealth generated by this framework and the reduction of CO2 emissions resulting from the implementation of that plan, will be examined. The indicators used are total net present value per capita and reduction of carbon dioxide emissions per capita.
    Journal of Cleaner Production 11/2013; 98. DOI:10.1016/j.jclepro.2013.10.043 · 3.84 Impact Factor
  • Federica Cucchiella, Massimo Gastaldi
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    ABSTRACT: The growing concern in the negative effects of fossil fuels on the environment and the heavy dependency on fossil fuels imports has forced many countries to use renewable energy sources. The Kyoto Protocol and the EU policies are examples of political goals fostering the use of these green sources. In this paper the efficiency of photovoltaic technology is evaluated with Data Envelopment Analysis in Italy considering installed power capacity, solar irradiation, investment and operating costs as inputs and energy intensity and the CO2 avoided as outputs; the more and the less efficient region is selected and an accurate analysis of the obtained resultsis outlined. The policy implications of the obtained results conclude the paper.
    10/2013; 827:435-440. DOI:10.4028/www.scientific.net/AMR.827.435
  • Federica Cucchiella, Massimo Gastaldi
    Advanced Materials Research 08/2013; 746:551-556. DOI:10.4028/www.scientific.net/AMR.746.551
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    Federica Cucchiella, Idiano D’Adamo, Massimo Gastaldi
    Advanced Materials Research 08/2013; 739:768-776. DOI:10.4028/www.scientific.net/AMR.739.768
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    ABSTRACT: Green supply chain management GSCM has emerged as a key approach for enterprises seeking to become environmentally sustainable. This paper aims to evaluate and describe the advantages of a GSCM approach by analysing practices and performance consequences in the battery recycling sector. It seeks to integrate works in supply chain management SCM, environmental management, performance management and real option RO theory into one framework. In particular, life cycle assessment LCA is applied to evaluate the environmental impact of a battery recycling plant project, and life cycle costing LCC is applied to evaluate its economic impact. Firms, also understanding the relevance of GSCM, have often avoided applying the green principles because of the elevated costs that such management involved. Such costs could also seem superior to the potential advantages since standard performance measurement systems are internally and business focused; for these reasons, we consider all the possible value deriving also by uncertainty associated to a green project using the RO theory. This work is one of the few and pioneering efforts to investigate GSCM practices in the battery recycling sector.
    International Journal of Systems Science 01/2013; 45(6):1-15. DOI:10.1080/00207721.2012.761458 · 1.58 Impact Factor
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    Federica Cucchiella, Idiano D'Adamo, Massimo Gastaldi
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    ABSTRACT: In recent years, Europe has promoted a series of waste regulations to achieve greater protection of the environment. This objective can be obtained by adopting an integrated management system for the reduction of waste production and developing systems for waste sorting, energy recovery and waste recycling. Such interventions that find their justification in an environmental perspective must be also sustainable from an economic perspective. An analysis of the Italian situation highlights a dependency on landfills; this phenomenon must be reduced to identify actions aimed at safeguarding and protecting the environment. The aim of this paper is to analyse the economic and environmental benefits from diverting waste from landfills towards energy recovery in twenty Italian regions.
    Science of The Total Environment 12/2012; 443C:955-964. DOI:10.1016/j.scitotenv.2012.11.008 · 4.10 Impact Factor
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    ABSTRACT: Photovoltaic (PV) connected systems are experiencing rapid market growth. This is due to the continually downward trend in PV cost together with government support programs. A scenario has been assumed to analyse the geographical market of PVs. The results provide clear evidence of the influence that some variables have on the profitability of PV investments. This study presents a model for minimising investment risk and maximising the return of a renewable energy portfolio in Italy. The value of the paper is in showing that the energy and CO2 reduction potential that can be reached through consumer-oriented policy measures, but the paper also looks at the effectiveness and social implications of such measures. Private households possess immense unused potential for energy reductions (and climate protection) that could be realised through gains in energy efficiency, behavioural changes, and extended use of low-emission energy. The focus of energy policy has been on businesses rather than on private households, which are only partly captured by direct policy measures. To achieve the goals of climate policies, the current political and scientific discussion increasingly considers measures that aim to reduce energy consumption in the private sector. Quantitative estimates are presented for economic indicators and will show the various effects of policy measures on the implemented household types.
    Energy and Buildings 12/2012; 55. DOI:10.1016/j.enbuild.2012.08.029 · 2.47 Impact Factor

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