This study quantified effluents generated during processing in three industry types, estimated the energy potential from the quantified effluents in form of biogas generation, and determined the economic viability of the biogas recovered. Data were procured from relevant scientific publications to quantify the effluents generated from the production processes in the industry types examined using industrial process calculations. The effluent data generated was used on the 2-module biogas energy recovery model to estimate the bioenergy recovery potential within it. Economic and financial analysis was based on cash flow comparison of all costs and benefits resulting from its activities. The effluents generated average daily biogas of 2559 Nm³/gVS, having a daily potential combined heat and power of 0.52 GWh and 0.11 GWh respectively. The Life Cycle Analysis and cost-benefit analysis show the quantity of avoided emissions from using the effluents to generate heat and power for processes, and also the profitability of the approach. Conclusively, the study shows the use of biomass effluents to generate biogas for CHP is a viable one based on the technologies of a reciprocating engine, gas turbine, microturbine, and fuel cell. However, it is recommended that the theoretical estimation be validated using a field-scale project.