Planning and Evaluation of Nuclear-Renewable Hybrid Energy Penetration for Marine and Waterfront Applications
Hossam A. Gabbar () and
Otavio Lopes Alves Esteves
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Hossam A. Gabbar: Faculty of Engineering and Applied Science, Ontario Tech University, Oshawa, ON L1G 0C5, Canada
Otavio Lopes Alves Esteves: Faculty of Engineering and Applied Science, Ontario Tech University, Oshawa, ON L1G 0C5, Canada
Energies, 2023, vol. 16, issue 14, 1-16
Abstract:
The global trade and transportation sectors heavily rely on the maritime industry. Still, its dependence on fossil energy sources poses significant environmental challenges and leads to unstable fuel prices that affect the cost of goods transported by sea. This paper aims to evaluate the viability of seaports as energy-intensive entities and explore the feasibility of implementing a Nuclear-Renewable Hybrid Energy System (NRHES). The study presents a case study of the Tanjung Priok Port in Indonesia, focusing on estimating energy consumption, emissions, and the potential impact of carbon taxation on seaport operations. By quantifying these factors, the research provides insights into the energy requirements, environmental effects, and potential costs associated with seaport carbon taxation. A comprehensive analysis of the technical and economic feasibility of implementing an NRHES in the seaport case study is conducted, determining the optimal sizing and composition of components, considering the proportion of nuclear and renewable energy sources. Furthermore, the economic analysis takes into account energy expenses, net present value, cash flow, return on investment, and internal rate of return. The objective of these findings is to provide decision-makers with insights into the advantages and obstacles associated with implementing an NRHES, ultimately contributing to a cleaner and more sustainable future for the maritime sector.
Keywords: marine vessels; nuclear-renewable hybrid energy systems; waterfront applications; seaports; hydrogen production; energy efficiency (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:16:y:2023:i:14:p:5329-:d:1192270
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