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Economic impacts of installing solar power plants in northern Chile

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  • del Sol, Felipe
  • Sauma, Enzo

Abstract

Chile has one of the best worldwide conditions for the generation of electrical energy from solar resources, having an annual average Direct Normal Irradiation (DNI) of 9–10kWh/m2/day. Many important astronomical observatories have been installed in the north of Chile because of the low number of cloudy days and the high sky clearness index. Also, in the north of Chile, there are many mining companies who demand large amounts of load for their operation. They currently use electricity provided from fossil fuels thermoelectric plants (99% of the electrical generation of the Northern Interconnected Power System is thermoelectric) that are subject to fuel-price volatilities and have large global and local impacts on the environment.

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  • del Sol, Felipe & Sauma, Enzo, 2013. "Economic impacts of installing solar power plants in northern Chile," Renewable and Sustainable Energy Reviews, Elsevier, vol. 19(C), pages 489-498.
    • Handle: RePEc:eee:rensus:v:19:y:2013:i:c:p:489-498
    DOI: 10.1016/j.rser.2012.11.038
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    3. Bustos, F. & Toledo, A. & Contreras, J. & Fuentes, A., 2016. "Sensitivity analysis of a photovoltaic solar plant in Chile," Renewable Energy, Elsevier, vol. 87(P1), pages 145-153.
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    7. Jinwon Bae & Sandy Dall'erba, 2016. "The economic impact of a new solar power plant in Arizona: Comparing the input-output results generated by JEDI vs. IMPLAN," Regional Science Policy & Practice, Wiley Blackwell, vol. 8(1-2), pages 61-73, March.
    8. Simsek, Yeliz & Lorca, Álvaro & Urmee, Tania & Bahri, Parisa A. & Escobar, Rodrigo, 2019. "Review and assessment of energy policy developments in Chile," Energy Policy, Elsevier, vol. 127(C), pages 87-101.
    9. Bendato, Ilaria & Cassettari, Lucia & Mosca, Marco & Mosca, Roberto, 2015. "A design of experiments/response surface methodology approach to study the economic sustainability of a 1MWe photovoltaic plant," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1664-1679.
    10. Bendato, Ilaria & Bonfiglio, Andrea & Brignone, Massimo & Delfino, Federico & Pampararo, Fabio & Procopio, Renato & Rossi, Mansueto, 2018. "Design criteria for the optimal sizing of integrated photovoltaic-storage systems," Energy, Elsevier, vol. 149(C), pages 505-515.
    11. Salgado Conrado, L. & Rodriguez-Pulido, A. & Calderón, G., 2017. "Thermal performance of parabolic trough solar collectors," Renewable and Sustainable Energy Reviews, Elsevier, vol. 67(C), pages 1345-1359.
    12. Behar, Omar & Khellaf, Abdallah & Mohammedi, Kamal, 2013. "A review of studies on central receiver solar thermal power plants," Renewable and Sustainable Energy Reviews, Elsevier, vol. 23(C), pages 12-39.
    13. Caballero, F. & Sauma, E. & Yanine, F., 2013. "Business optimal design of a grid-connected hybrid PV (photovoltaic)-wind energy system without energy storage for an Easter Island's block," Energy, Elsevier, vol. 61(C), pages 248-261.
    14. Yanine, Franco F. & Sauma, Enzo E., 2013. "Review of grid-tie micro-generation systems without energy storage: Towards a new approach to sustainable hybrid energy systems linked to energy efficiency," Renewable and Sustainable Energy Reviews, Elsevier, vol. 26(C), pages 60-95.
    15. Gustavo Cáceres & Shahriyar Nasirov & Huili Zhang & Gerardo Araya-Letelier, 2014. "Residential Solar PV Planning in Santiago, Chile: Incorporating the PM10 Parameter," Sustainability, MDPI, vol. 7(1), pages 1-19, December.
    16. Yu-Ling Hsiao, Cody & Ai, Dan & Wei, Xinyang & Sheng, Ni, 2021. "The contagious effect of China’s energy policy on stock markets: The case of the solar photovoltaic industry," Renewable Energy, Elsevier, vol. 164(C), pages 74-86.
    17. Grágeda, M. & Escudero, M. & Alavia, W. & Ushak, S. & Fthenakis, V., 2016. "Review and multi-criteria assessment of solar energy projects in Chile," Renewable and Sustainable Energy Reviews, Elsevier, vol. 59(C), pages 583-596.
    18. Simsek, Yeliz & Mata-Torres, Carlos & Guzmán, Amador M. & Cardemil, Jose M. & Escobar, Rodrigo, 2018. "Sensitivity and effectiveness analysis of incentives for concentrated solar power projects in Chile," Renewable Energy, Elsevier, vol. 129(PA), pages 214-224.
    19. Yunhong Shi & Davood Toghraie & Farzad Nadi & Gholamreza Ahmadi & As’ad Alizadeh & Long Zhang, 2021. "The effect of the pitch angle, two-axis tracking system, and wind velocity on the parabolic trough solar collector thermal performance," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(12), pages 17329-17348, December.
    20. Hajabdollahi, Hassan & Khosravian, Mohammadreza & Shafiey Dehaj, Mohammad, 2022. "Thermo-economic modeling and optimization of a solar network using flat plate collectors," Energy, Elsevier, vol. 244(PB).
    21. Yanine, Franco Fernando & Caballero, Federico I. & Sauma, Enzo E. & Córdova, Felisa M., 2014. "Building sustainable energy systems: Homeostatic control of grid-connected microgrids, as a means to reconcile power supply and energy demand response management," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 1168-1191.

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