Author:
Jaramillo-Cardona Juan Pablo,Perafan-Lopez Juan Carlos,Torres-Madroñero José Luis,Nieto-Londoño César,Sierra-Pérez Julián
Abstract
Hydroelectric plants broadly sustain Colombian electricity demand. However, wind power emerges to improve the Colombian energy matrix and capacity, satisfying the energy demand. Thus, this study evaluates the technical and economic feasibility of projects based on Small Wind Turbines (SWTs), based on the Colombian wind resource availability. Furthermore, due to the Colombian diversity of energy sources, sensitivity to climate changes and a high percentage of non-interconnected territory, the SWTs excels as an off-grid energy system alternative. For this purpose, the annual energy production and the capacity factor of 24 SWT and the wind resource in Puerto Bolívar, La Guajira, are considered. A techno-economic study that includes cash flow analysis and net present value is used to determine economic viability, considering a financing percentage sensitivity analysis. From the results, it can be concluded that an SWT based project increases its profitability by increasing the IRR value and lowering the financing percentage. Further, the best SWT models can be related to a higher capacity factor value based on the economic phase.
Publisher
Instituto Colombiano del Petroleo
Subject
General Energy,General Chemical Engineering,Geology,Geophysics,Fuel Technology,Renewable Energy, Sustainability and the Environment,Engineering (miscellaneous)
Reference73 articles.
1. Nazir, M. S., Bilal, M., Sohail, H. M., Liu, B., Chen, W., & Iqbal, H. M. N. (2020). Impacts of renewable energy atlas: Reaping the benefits of renewables and biodiversity threats. International Journal of Hydrogen Energy, 45(41), 22113–22124. doi: https://doi.org/10.1016/j.ijhydene.2020.05.195
2. IDEAM, PNUD, MADS, DNP, & CANCILLERÍA. (2016). Conocer: El primer paso para adaptarse. Guía básica de conceptos sobre el cambio climático. In Tercera Comunicación Nacional de Cambio Climático.
3. Leggett, L. M. W., & Ball, D. A. (2012). The implication for climate change and peak fossil fuel of the continuation of the current trend in wind and solar energy production. Energy Policy, 41, 610–617. doi: https://doi.org/10.1016/j.enpol.2011.11.022
4. Sachs, J. D., Woo, W. T., Yoshino, N., & Taghizadeh-Hesary, F. (2019). Importance of Green Finance for Achieving Sustainable Development Goals and Energy Security. Handbook of Green Finance, 1–10. doi: https://doi.org/10.1007/978-981-10-8710-3_13-1
5. Ruiz-Murcia, J. I. (2007). INFORME SOBRE EL CAMBIO CLIMÁTICO EN COLOMBIA. In ESCENARIOS DE CAMBIO CLIMÁTICO.
Cited by
3 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献