DOI: 10.1016/j.enpol.2020.111466
论文题名: Comparative analysis of natural gas cogeneration incentives on electricity production in Latin America
作者: Rivera-Alvarez A. ; Osorio J.D. ; Montoya-Duque L. ; Fontalvo J. ; Botero E. ; Escudero-Atehortua A.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 142 语种: 英语
中文关键词: Comparative analysis
; Financial evaluation
; Incentives
; Natural gas cogeneration
; Power surplus sale
; Self-consumption
英文关键词: Cogeneration plants
; Earnings
; Gas industry
; Investments
; Natural gas
; Natural gasoline plants
; Taxation
; Waste heat
; Waste heat utilization
; Comparative analysis
; Dependent variables
; Electricity production
; Internal rate of return
; Macroeconomic variables
; Natural gas markets
; Regulatory frameworks
; Return of investments
; Electric power generation
; cogeneration
; electricity generation
; energy use
; feasibility study
; incentive
; international comparison
; natural gas
; regulatory framework
; Latin America
英文摘要: An analysis to assess the influence of country-dependent variables and incentives on the feasibility of natural gas cogeneration projects in Latin America is presented in this work. The analysis is performed using a hypothetical industrial plant, where the cogeneration solution consists in the recovery of waste heat from the power generation for steam production. The feasibility is evaluated by calculating the Return of Investment (ROI) and the Internal Rate of Return (IRR) of the project. Eight Latin American countries are studied considering their specific natural gas markets, regulation, and macroeconomic variables. Two scenarios, electricity production for self-consumption and electricity production with power surplus sale, are independently analyzed considering the effects of available incentives. In the countries where the project is feasible, the application of incentives leads to a significant reduction in the ROI and, consequently, to an increment in the IRR. The effect of the interest rate and environmental impact were also analyzed. In general terms, along the region, the regulation for cogeneration is incipient while incentives are very standard and similar respect to lowering of import, Value-Added Tax (VAT), and income taxes, which seems to be designed purely to promote capital investment. Following the results from this study, it is of paramount importance to create new policy instruments in the future to advance the regulatory framework for cogeneration in Latin America. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167441
Appears in Collections: 气候变化与战略
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作者单位: Ingeniería Térmica Ltda, Medellín, Colombia; Fundación Ergon, Medellín, Colombia; MGM Innova Energy Services, Medellín, Colombia; Buildings & Thermal Sciences Center, National Renewable Energy Laboratory, Golden, CO 80401, United States; Decision Science Group, Universidad Nacional de Colombia, Medellín, Colombia; Departamento de Ingeniería Mecánica, Universidad Pontificia Bolivariana, Medellín, Colombia
Recommended Citation:
Rivera-Alvarez A.,Osorio J.D.,Montoya-Duque L.,et al. Comparative analysis of natural gas cogeneration incentives on electricity production in Latin America[J]. Energy Policy,2020-01-01,142