Estimating the cost savings and avoided CO2 emissions in Brazil by implementing energy efficient policies

Rodrigo F. Calili (), Reinaldo C. Souza, Alain Galli, Margaret Armstrong () and André Luis M. Marcato
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Rodrigo F. Calili: PUC-Rio - Pontifícia Universidade Católica do Rio de Janeiro [Brasil] = Pontifical Catholic University of Rio de Janeiro [Brazil] = Université catholique pontificale de Rio de Janeiro [Brésil]
Reinaldo C. Souza: PUC-Rio - Pontifícia Universidade Católica do Rio de Janeiro [Brasil] = Pontifical Catholic University of Rio de Janeiro [Brazil] = Université catholique pontificale de Rio de Janeiro [Brésil]
Alain Galli: CERNA i3 - Centre d'économie industrielle i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
Margaret Armstrong: CERNA i3 - Centre d'économie industrielle i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique
André Luis M. Marcato: UFJF - Universidade Federal de Juiz de Fora

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Abstract: Investing more in renewable energy sources and using this in a rational and efficient way is vital for the sustainable growth of world. Energy efficiency (EE) will play an increasingly important role in future generations. The aim of this work is to estimate how much the PNEf (National Plan for Energy Efficiency) launched by the Brazilian government in 2011 will save over the next 5 years by avoiding the construction of additional power plants, as well as the amount of the CO2 emission. The marginal operating cost is computed for medium term planning of the dispatching of power plants in the hydro-thermal system using Stochastic Dynamic Dual Programming, after incorporating stochastic energy efficiencies into the demand for electricity. We demonstrate that even for a modest improvement in energy efficiency (

Keywords: Energy Efficienct Policies; CO2 Emissions; Geometric Brownian motion; Hydrothermal power system; Stochastic dual dynamic programming (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (8)

Published in Energy Policy, 2014, 67, pp.4-15. ⟨10.1016/j.enpol.2013.09.071⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01110915

DOI: 10.1016/j.enpol.2013.09.071

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