DISCUSSION ON BUSINESS MODEL TOWARD A SUSTAINABLE ENERGY MANAGEMENT POLICIES OF RENEWABLE ENERGY PRODUCTION

Resumen

Objective: The study aims to propose a business model for converting industrial waste, such as scrap tires, into clean renewable energy through pyrolysis technology, addressing environmental challenges and promoting sustainable energy practices in developing countries.

Methods: The research employs an analytical approach, incorporating experimental data from Vietnam's waste tire pyrolysis industry. It includes case studies, product testing, and real-world business results to evaluate the feasibility of the proposed model.

Results: The study demonstrates the effectiveness of pyrolysis technology in converting waste tires into renewable energy products, such as FO-R oil, carbon black, and steel. The business model offers economic and environmental benefits, such as reducing industrial waste, minimizing greenhouse gas emissions, and creating sustainable business opportunities.

Conclusions: The proposed business model presents a viable solution for recycling industrial waste into renewable energy. Governments and authorities in developing and developed countries are encouraged to implement supportive policies and provide funding channels to promote clean energy production, benefiting society, investors, and the environment.