IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2023-02-47.html
   My bibliography  Save this article

A Methodology to Estimation of Savings Potential at Thermoelectric Plants in Colombia Based on ISO 50001 Standard

Author

Listed:
  • Juan J. Tabares

    (Energy Management Research Group, Faculty of Mechanical Engineering, Universidad Tecnol gica de Pereira, Cra. 27# 10-02, Colombia,)

  • Melissa Valencia

    (Energy Management Research Group, Faculty of Mechanical Engineering, Universidad Tecnol gica de Pereira, Cra. 27# 10-02, Colombia,)

  • Jose E. Chamorro

    (Energy Management Research Group, Faculty of Mechanical Engineering, Universidad Tecnol gica de Pereira, Cra. 27# 10-02, Colombia,)

  • Juan R. Vidal

    (GIEN Energy Research Group, Faculty of Engineering, Universidad Aut noma de Occidente, Cll. 25 # 115-85, Colombia.)

  • Enrique C. Quispe

    (GIEN Energy Research Group, Faculty of Engineering, Universidad Aut noma de Occidente, Cll. 25 # 115-85, Colombia.)

  • Juan E. Tibaquir

    (Energy Management Research Group, Faculty of Mechanical Engineering, Universidad Tecnol gica de Pereira, Cra. 27# 10-02, Colombia,)

Abstract

The ISO 50001:2018 standard establishes a standardized set of concepts and practices for energy management of industrial assets and processes, providing criteria to establish policies, processes, procedures, and tasks related to energy management to meet established energy objectives. This article presents the application of these tools in thermal power generation systems in Colombia to analyze their energy performance, study possible saving potentials and propose strategies to improve their energy efficiency. As a result, a savings potential of 18568.4 GWh and 2008.7 GWh in 15 years was found for operation, maintenance, and production planning, respectively.

Suggested Citation

  • Juan J. Tabares & Melissa Valencia & Jose E. Chamorro & Juan R. Vidal & Enrique C. Quispe & Juan E. Tibaquir, 2023. "A Methodology to Estimation of Savings Potential at Thermoelectric Plants in Colombia Based on ISO 50001 Standard," International Journal of Energy Economics and Policy, Econjournals, vol. 13(2), pages 417-426, March.
    • Handle: RePEc:eco:journ2:2023-02-47
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/13975/7228
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/13975
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. H. Damon Matthews & Nathan P. Gillett & Peter A. Stott & Kirsten Zickfeld, 2009. "The proportionality of global warming to cumulative carbon emissions," Nature, Nature, vol. 459(7248), pages 829-832, June.
    Full references (including those not matched with items on IDEAS)

    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. Simon Levin & Anastasios Xepapadeas, 2021. "On the Coevolution of Economic and Ecological Systems," Annual Review of Resource Economics, Annual Reviews, vol. 13(1), pages 355-377, October.
    2. Lamperti, Francesco & Bosetti, Valentina & Roventini, Andrea & Tavoni, Massimo & Treibich, Tania, 2021. "Three green financial policies to address climate risks," Journal of Financial Stability, Elsevier, vol. 54(C).
    3. Diebold, Francis X. & Rudebusch, Glenn D., 2023. "Climate models underestimate the sensitivity of Arctic sea ice to carbon emissions," Energy Economics, Elsevier, vol. 126(C).
    4. Dietz, Simon & Gollier, Christian & Kessler, Louise, 2018. "The climate beta," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 258-274.
    5. Wang, Jianda & Yang, Senmiao & Dong, Kangyin & Nepal, Rabindra, 2024. "Assessing embodied carbon emission and its drivers in China's ICT sector: Multi-regional input-output and structural decomposition analysis," Energy Policy, Elsevier, vol. 186(C).
    6. Phella, Anthoulla & Gabriel, Vasco J. & Martins, Luis F., 2024. "Predicting tail risks and the evolution of temperatures," Energy Economics, Elsevier, vol. 131(C).
    7. Gustav Engström & Johan Gars, 2016. "Climatic Tipping Points and Optimal Fossil-Fuel Use," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(3), pages 541-571, November.
    8. Agliardi, Elettra & Xepapadeas, Anastasios, 2022. "Temperature targets, deep uncertainty and extreme events in the design of optimal climate policy," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    9. H. Damon Matthews & Kirsten Zickfeld & Alexander Koch & Amy Luers, 2023. "Accounting for the climate benefit of temporary carbon storage in nature," Nature Communications, Nature, vol. 14(1), pages 1-10, December.
    10. W. A. Brock & A. Xepapadeas, 2015. "Modeling Coupled Climate, Ecosystems, and Economic Systems," Working Papers 2015.66, Fondazione Eni Enrico Mattei.
    11. Traeger, Christian, 2021. "ACE - Analytic Climate Economy," CEPR Discussion Papers 15968, C.E.P.R. Discussion Papers.
    12. Adam Michael Bauer & Cristian Proistosescu & Gernot Wagner, 2023. "Carbon Dioxide as a Risky Asset," CESifo Working Paper Series 10278, CESifo.
    13. William Brock & Anastasios Xepapadeas, 2020. "The Economy, Climate Change and Infectious Diseases: Links and Policy Implications," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 811-824, August.
    14. Moreaux, Michel & Amigues, Jean-Pierre & van der Meijden, Gerard & Withagen, Cees, 2024. "Carbon capture: Storage vs. Utilization," Journal of Environmental Economics and Management, Elsevier, vol. 125(C).
    15. Sophie Zhou & Frederick van der Ploeg & Rick van der Ploeg, 2023. "Structural Change and the Climate Risk Premium during the Green Transition," CESifo Working Paper Series 10840, CESifo.
    16. Frederick Ploeg, 2021. "Carbon pricing under uncertainty," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(5), pages 1122-1142, October.
    17. Jaakkola, Niko, 2019. "Carbon taxation, OPEC and the end of oil," Journal of Environmental Economics and Management, Elsevier, vol. 94(C), pages 101-117.
    18. Oskar Lecuyer & Adrien Vogt-Schilb, 2013. "Assessing and ordering investments in polluting fossil-fueled and zero-carbon capital," CIRED Working Papers hal-00850680, HAL.
    19. Campiglio, Emanuele & Spiganti, Alessandro & Wiskich, Anthony, 2024. "Clean innovation, heterogeneous financing costs, and the optimal climate policy mix," Journal of Environmental Economics and Management, Elsevier, vol. 128(C).
    20. Brock, W. & Xepapadeas, A., 2017. "Climate change policy under polar amplification," European Economic Review, Elsevier, vol. 99(C), pages 93-112.

    More about this item

    Keywords

    Energy; Efficiency; Energy Management; ISO 50001; Thermoelectric Power Plants;
    All these keywords.

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L95 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Gas Utilities; Pipelines; Water Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

    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:journ2:2023-02-47. 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.