Analyzing carbon emissions policies for the Bolivian electric sector
Carlos A. A. Fernandez Vazquez, R. J. Brecha, Miguel H. Fernandez Fuentes
A transition of the Bolivian power sector towards a renewable energy dominated system has been inhibited by a series of laws and policies including heavy subsidies for power generation using domestic natural gas. Within this context, alternative techno-economic scenarios are designed based on key characteristics of the system, and a series of six policy levers are used to analyze impacts on the development of the power sector. The energy-system optimization modeling framework OSeMOSYS is utilized to analyze power sector transition pathways. Techno-economic characteristics and policies are combined to develop bracketing scenarios for the future energy system, contrasting business-as-usual with an ambitious renewable energy policy scenario. Results from the analyzed scenarios show that achieving significant reductions of GHG emissions in the Bolivian electric system will heavily depend on:1) reducing the artificial competitiveness of thermal power plants through subsidies, but also a price on carbon emissions; 2) banning high impact power plants (mainly very large hydropower plants); and 3) defining clear long-term objectives for the participation of renewables in the system, starting with objectives in current short-term plans. By examining several scenarios, relative system costs as a function of emissions reductions are determined as well. For high penetration of variable renewable energy, addition of storage will eventually be needed as dispatchable renewable resources are limited.
Year of publication: |
2022
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Authors: | Fernandez Vazquez, Carlos A. A. ; Brecha, R. J. ; Fernandez Fuentes, Miguel H. |
Published in: |
Renewable and sustainable energy transition. - Amsterdam : Elsevier, ISSN 2667-095X, ZDB-ID 3101381-8. - Vol. 2.2022, Art.-No. 100017, p. 1-13
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Subject: | Bolivia | Energy system | Natural gas | Renewable energy | Energy policy | Carbon emissions | Emissions reductions | Treibhausgas-Emissionen | Greenhouse gas emissions | Bolivien | Elektrizitätswirtschaft | Electric power industry | Klimaschutz | Climate protection | Energiepolitik | Ökosteuer | Environmental tax | Erdgas | Luftverschmutzung | Air pollution | Umweltabgabe | Environmental charge | Emissionshandel | Emissions trading |
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