Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula

An important part of environmental degradation is caused by the discharge of untreated or mistreated wastewater. The reuse of water is paramount to the National Strategic Plan for the Water Supply and Wastewater Sanitation Sector in Portugal and Spain. Since centralized treatment systems have proved...

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Autores principales: Eleonora Santos, Inês Lisboa, Teresa Eugénio
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Publicado: MDPI AG 2021
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spelling oai:doaj.org-article:0b97a19d51de433b879a5dd3f70968c22021-11-11T14:59:45ZEconomic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula10.3390/app112198762076-3417https://doaj.org/article/0b97a19d51de433b879a5dd3f70968c22021-10-01T00:00:00Zhttps://www.mdpi.com/2076-3417/11/21/9876https://doaj.org/toc/2076-3417An important part of environmental degradation is caused by the discharge of untreated or mistreated wastewater. The reuse of water is paramount to the National Strategic Plan for the Water Supply and Wastewater Sanitation Sector in Portugal and Spain. Since centralized treatment systems have proved to be inefficient, tackling environmental issues requires a regional approach. Wastewater treatment plants (WWTPs) mitigate environmental impacts and contribute to the financial savings of other firms. However, the literature evaluating WWTPs’ financial performance and economic sustainability is scarce. The implementation of a resource recovery technology depends heavily on economic viability. Thus, this paper analyses the financial sustainability of 222 WWTPs in the Iberian Peninsula by NUTS II regions in 2016–2019 to assess the region with the best performance and financial stability and provide regional policy implications. Using the SABI database, this research encompasses a numerical and narrative analysis of key financial ratios. Results show that firms in Algarve and La Rioja exhibit higher financial sustainability when compared to other regions. Results can foster enhancements in the governance of regulated utilities.Eleonora SantosInês LisboaTeresa EugénioMDPI AGarticlewatereconomic sustainabilityPortugalSpainregional analysisTechnologyTEngineering (General). Civil engineering (General)TA1-2040Biology (General)QH301-705.5PhysicsQC1-999ChemistryQD1-999ENApplied Sciences, Vol 11, Iss 9876, p 9876 (2021)
institution DOAJ
collection DOAJ
language EN
topic water
economic sustainability
Portugal
Spain
regional analysis
Technology
T
Engineering (General). Civil engineering (General)
TA1-2040
Biology (General)
QH301-705.5
Physics
QC1-999
Chemistry
QD1-999
spellingShingle water
economic sustainability
Portugal
Spain
regional analysis
Technology
T
Engineering (General). Civil engineering (General)
TA1-2040
Biology (General)
QH301-705.5
Physics
QC1-999
Chemistry
QD1-999
Eleonora Santos
Inês Lisboa
Teresa Eugénio
Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
description An important part of environmental degradation is caused by the discharge of untreated or mistreated wastewater. The reuse of water is paramount to the National Strategic Plan for the Water Supply and Wastewater Sanitation Sector in Portugal and Spain. Since centralized treatment systems have proved to be inefficient, tackling environmental issues requires a regional approach. Wastewater treatment plants (WWTPs) mitigate environmental impacts and contribute to the financial savings of other firms. However, the literature evaluating WWTPs’ financial performance and economic sustainability is scarce. The implementation of a resource recovery technology depends heavily on economic viability. Thus, this paper analyses the financial sustainability of 222 WWTPs in the Iberian Peninsula by NUTS II regions in 2016–2019 to assess the region with the best performance and financial stability and provide regional policy implications. Using the SABI database, this research encompasses a numerical and narrative analysis of key financial ratios. Results show that firms in Algarve and La Rioja exhibit higher financial sustainability when compared to other regions. Results can foster enhancements in the governance of regulated utilities.
format article
author Eleonora Santos
Inês Lisboa
Teresa Eugénio
author_facet Eleonora Santos
Inês Lisboa
Teresa Eugénio
author_sort Eleonora Santos
title Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
title_short Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
title_full Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
title_fullStr Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
title_full_unstemmed Economic Sustainability in Wastewater Treatment Companies: A Regional Analysis for the Iberian Peninsula
title_sort economic sustainability in wastewater treatment companies: a regional analysis for the iberian peninsula
publisher MDPI AG
publishDate 2021
url https://doaj.org/article/0b97a19d51de433b879a5dd3f70968c2
work_keys_str_mv AT eleonorasantos economicsustainabilityinwastewatertreatmentcompaniesaregionalanalysisfortheiberianpeninsula
AT ineslisboa economicsustainabilityinwastewatertreatmentcompaniesaregionalanalysisfortheiberianpeninsula
AT teresaeugenio economicsustainabilityinwastewatertreatmentcompaniesaregionalanalysisfortheiberianpeninsula
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