Green waste to biogas: Renewable energy possibilities for Thailandʹs green markets

Today, the production of energy from waste is not a new process; however, its implementation and application continue to be a challenge in developing countries. Despite the abundance of valuable waste in the urban markets of these countries, practices aiming at renewable energy generation are missing. In Thailand, so-called green markets are replete with renewable energy potential, but the practical implementation of this potential is rare. Therefore, the main purpose of this study is to show that the conversion of green waste into renewable energy is not only environmentally beneficial but also financially rewarding. This is demonstrated by exploring the energy potential of the market and conducting a benefit–cost analysis under two scenarios. The results illustrate that for the selected market, converting organic waste into biogas is advantageous both environmentally as well as financially; further, the benefit–cost ratio is three times higher after conversion, compared to before. Additionally, there is a huge margin of conversion and production of biogas. The policy makers and planners of Talaad Thai (Thailandʹs largest green market) should invest greater effort in initiating plans, and set an example for other markets in Thailand, in order to make this planet clean and green.