Shapley-Shubik Agents Within Superstructure-Based Recycling Model: Circular Economy Approaches for Fish Waste Eco-Industrial Park

Abstract

AbstractThe tremendous production of fish has resulted in an increased fish waste generation, which ultimately led to the current triple planetary crises on climate, biodiversity, and pollution. In this study, a Fish Waste-based Eco-Industrial Park (FWEIP) model is developed in an attempt to convert the linear economy in existing fish waste management into a circular economy model. Process Graph (P-graph) is used for combinatorial optimization to synthesize optimal FWEIP with the consideration of economic and environmental aspects. The model favors the production of biofuel using the gasification process (Rank 1) with a promising economic benefit of $2.28 million/y without proposing circular synergy within the FWEIP ecosystem. On the other hand, suboptimal solutions—suboptimal 1 (black soldier fly (BSF)) and suboptimal 2 (pyrolysis and gasification) solutions—exhibit gross profit of 17.98% and 24.12% lower than that of the optimal solution. Both suboptimal solutions offer greater circularity with self-sustaining resources (e.g., fish feed, chitosan, and energy). The sensitivity analysis indicates the potential debottlenecking of suboptimal 2 with the use of a catalyst to improve the conversion of bio-oil in the pyrolysis pathway and exhibits a gross profit of 22.54% higher than that of the optimal solution. Following the Shapley-Shubik power index analysis, the hydroponics facility is identified as the pivotal player for both optimal and suboptimal 2 cases with the exception of suboptimal 1 indicating both BSF and hydroponics as a pivotal player. In brief, this research provides the fish waste-based industry with insights and strategies for the implementation of a circular economy as a step toward sustainable development.