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

Virda Hersy Lutviana Saputri and Muhammad Hisjam
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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

International Journal of Energy Economics and Policy, 2018, vol. 8, issue 6, 35-38

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

Keywords: carbon emission; fuel vehicle; techno-economy analysis (search for similar items in EconPapers)
JEL-codes: L52 O25 Q42 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2018-06-6

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