IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2018-06-6.html
   My bibliography  Save this article

Techno-Economic Analysis of Fuel Vehicles as Logistic Distribution Facilities in Indonesia by Considering the Carbon Emission Cost

Author

Listed:
  • Virda Hersy Lutviana Saputri

    (Master Program of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret Surakarta, Jl. Ir. Sutami No. 36 A, Kentingan, Surakarta, 57126, Indonesia,)

  • Muhammad Hisjam

    (Department of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret Surakarta, Jl. Ir. Sutami No. 36 A, Kentingan, Surakarta, 57126, Indonesia)

Abstract

This study aims to perform a techno-economic analysis for the investment of the Vigas usage as substitution for Pertamax 92 fuel that is starting to be rare. The assessment is done by calculating the value of break even point (BEP), net present value (NPV), internal rate of return (IRR), and payback period (PP). In addition, this study also calculates the amount of carbon emission costs that must be incurred by the company when using Pertamax fuel 92 and Vigas. The analyzed pollutants are CO, HC, NOx, and CO2. Based on the calculation results, BEP from replacement Pertamax 92 to Vigas can be achieved at the distance of 22.653.43 km. The value of NPV, IRR, and PP indicates that the investment is feasible to be realized. In addition, the cost of carbon emissions generated by Vigas is lower than Pertamax 92, with a difference of IDR 4,191,482.73

Suggested Citation

  • Virda Hersy Lutviana Saputri & Muhammad Hisjam, 2018. "Techno-Economic Analysis of Fuel Vehicles as Logistic Distribution Facilities in Indonesia by Considering the Carbon Emission Cost," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 35-38.
    • Handle: RePEc:eco:journ2:2018-06-6
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/6933/3990
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/6933/3990
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ocotlán Díaz-Parra & Jorge A. Ruiz-Vanoye & Beatriz Bernábe Loranca & Alejandro Fuentes-Penna & Ricardo A. Barrera-Cámara, 2014. "A Survey of Transportation Problems," Journal of Applied Mathematics, Hindawi, vol. 2014, pages 1-17, March.
    2. David P. Cook & Dinesh S. Dave, 2004. "Structural elements of online service product quality," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 6(2), pages 189-207.
    3. Stefan Bakker & Kathleen Dematera Contreras & Monica Kappiantari & Nguyen Anh Tuan & Marie Danielle Guillen & Gessarin Gunthawong & Mark Zuidgeest & Duncan Liefferink & Martin Van Maarseveen, 2017. "Low-Carbon Transport Policy in Four ASEAN Countries: Developments in Indonesia, the Philippines, Thailand and Vietnam," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    4. Shabbir, Rabia & Ahmad, Sheikh Saeed, 2010. "Monitoring urban transport air pollution and energy demand in Rawalpindi and Islamabad using leap model," Energy, Elsevier, vol. 35(5), pages 2323-2332.
    5. Silitonga, A.S. & Atabani, A.E. & Mahlia, T.M.I., 2012. "Review on fuel economy standard and label for vehicle in selected ASEAN countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(3), pages 1683-1695.
    6. Muji Setiyo & Muji Setiyo & Sudjito Soeparman & Nurkholis Hamidi & Slamet Wahyudi, 2016. "Techno-economic Analysis of Liquid Petroleum Gas Fueled Vehicles as Public Transportation in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 6(3), pages 495-500.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Darwanto Darwanto & Nenik Woyanti & Purbayu Budi Santosa & Hadi Sasana & Imam Ghozali, 2019. "The Damaging Growth: An Empiric Evidence of Environmental Kuznets Curve in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 339-345.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jemni, Mohamed Ali & Kantchev, Gueorgui & Abid, Mohamed Salah, 2011. "Influence of intake manifold design on in-cylinder flow and engine performances in a bus diesel engine converted to LPG gas fuelled, using CFD analyses and experimental investigations," Energy, Elsevier, vol. 36(5), pages 2701-2715.
    2. Perwez, Usama & Sohail, Ahmed & Hassan, Syed Fahad & Zia, Usman, 2015. "The long-term forecast of Pakistan's electricity supply and demand: An application of long range energy alternatives planning," Energy, Elsevier, vol. 93(P2), pages 2423-2435.
    3. Thi Mai Chi Nguyen & Hironori Kato & Le Binh Phan, 2020. "Is Built Environment Associated with Travel Mode Choice in Developing Cities? Evidence from Hanoi," Sustainability, MDPI, vol. 12(14), pages 1-16, July.
    4. Du, Huibin & Li, Qun & Liu, Xi & Peng, Binbin & Southworth, Frank, 2021. "Costs and potentials of reducing CO2 emissions in China's transport sector: Findings from an energy system analysis," Energy, Elsevier, vol. 234(C).
    5. Khan, Muhammad Salar & Jamil, Kamil & Malik, Ammar A., 2022. "Delivering Urban Mass Transit—The Case of Lahore, Pakistan," SocArXiv 2zj8m, Center for Open Science.
    6. Rith, Monorom & Fillone, Alexis M. & Biona, Jose Bienvenido Manuel M., 2020. "Energy and environmental benefits and policy implications for private passenger vehicles in an emerging metropolis of Southeast Asia – A case study of Metro Manila," Applied Energy, Elsevier, vol. 275(C).
    7. Wang, Xiao-Man & Zeng, Ya-Nan & Wang, Yu-Ran & Wang, Fu-Ping & Wang, Yi-Tong & Li, Jun-Guo & Ji, Rui & Kang, Le-Le & Yu, Qing & Liu, Tian-Ji & Fang, Zhen, 2023. "A novel strategy for efficient biodiesel production: Optimization, prediction, and mechanism," Renewable Energy, Elsevier, vol. 207(C), pages 385-397.
    8. Sana Bashir & Iftikhar Ahmad & Sajid Rashid Ahmad, 2018. "Low-Emission Modeling for Energy Demand in the Household Sector: A Study of Pakistan as a Developing Economy," Sustainability, MDPI, vol. 10(11), pages 1-17, October.
    9. Rashid Khan, Haroon Ur & Siddique, Muhammad & Zaman, Khalid & Yousaf, Sheikh Usman & Shoukry, Alaa Mohamd & Gani, Showkat & Sasmoko, & Khan, Aqeel & Hishan, Sanil S. & Saleem, Hummera, 2018. "The impact of air transportation, railways transportation, and port container traffic on energy demand, customs duty, and economic growth: Evidence from a panel of low-, middle-, and high -income coun," Journal of Air Transport Management, Elsevier, vol. 70(C), pages 18-35.
    10. Prasad, Ravita D. & Bansal, R.C. & Raturi, Atul, 2014. "Multi-faceted energy planning: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 686-699.
    11. Reza Hafezi & Amir Naser Akhavan & Mazdak Zamani & Saeed Pakseresht & Shahaboddin Shamshirband, 2019. "Developing a Data Mining Based Model to Extract Predictor Factors in Energy Systems: Application of Global Natural Gas Demand," Energies, MDPI, vol. 12(21), pages 1-22, October.
    12. D’Ambrosio, C. & Gentili, M. & Cerulli, R., 2020. "The optimal value range problem for the Interval (immune) Transportation Problem," Omega, Elsevier, vol. 95(C).
    13. Mustapa, Siti Indati & Bekhet, Hussain Ali, 2016. "Analysis of CO2 emissions reduction in the Malaysian transportation sector: An optimisation approach," Energy Policy, Elsevier, vol. 89(C), pages 171-183.
    14. Pedro Gerber Machado & Ana Carolina Rodrigues Teixeira & Flavia Mendes de Almeida Collaço & Adam Hawkes & Dominique Mouette, 2020. "Assessment of Greenhouse Gases and Pollutant Emissions in the Road Freight Transport Sector: A Case Study for São Paulo State, Brazil," Energies, MDPI, vol. 13(20), pages 1-26, October.
    15. Stefan Bakker & Kathleen Dematera Contreras & Monica Kappiantari & Nguyen Anh Tuan & Marie Danielle Guillen & Gessarin Gunthawong & Mark Zuidgeest & Duncan Liefferink & Martin Van Maarseveen, 2017. "Low-Carbon Transport Policy in Four ASEAN Countries: Developments in Indonesia, the Philippines, Thailand and Vietnam," Sustainability, MDPI, vol. 9(7), pages 1-17, July.
    16. Ying Zhu & Tianhao Cui & Yanzheng Liu & Qin Zhou & Yexin Li, 2021. "Research on Inter-Provincial Transfer of CO 2 Emissions from Transportation by Considering Fuzzy Parameter," Sustainability, MDPI, vol. 13(13), pages 1-22, July.
    17. Varvara Nikulina & David Simon & Henrik Ny & Henrikke Baumann, 2019. "Context-Adapted Urban Planning for Rapid Transitioning of Personal Mobility towards Sustainability: A Systematic Literature Review," Sustainability, MDPI, vol. 11(4), pages 1-37, February.
    18. Liu, Lei & Wang, Ke & Wang, Shanshan & Zhang, Ruiqin & Tang, Xiaoyan, 2018. "Assessing energy consumption, CO2 and pollutant emissions and health benefits from China's transport sector through 2050," Energy Policy, Elsevier, vol. 116(C), pages 382-396.
    19. Zaheer Asghar & Shazana Khan, 2018. "Preliminary Monitoring Of Particulate Matter And Gaseous Emissions Released From Vehicles Near Railway Station Lahore, Pakistan," Acta Chemica Malaysia (ACMY), Zibeline International Publishing, vol. 2(2), pages 6-8, August.
    20. Yu, Shi-wei & Zhu, Ke-jun, 2012. "A hybrid procedure for energy demand forecasting in China," Energy, Elsevier, vol. 37(1), pages 396-404.

    More about this item

    Keywords

    carbon emission; fuel vehicle; techno-economy analysis;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2018-06-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.