EFFECTS OF FUNDS DIVERSION FROM FUEL PURCHASING TO WIND ENERGY INSTALLATIONS: A CASE STUDY
The spiraling debt that developing countries usually go through is a major hindrance to development. One major aspect of increased costs is the import and supply of energy. In this paper, the option of diverting funds from purchasing fossil fuel and opting for an established renewable energy alternative, namely wind, is studied. The economic aspects of such a decision are studied and long term effect of direct financial benefits is analyzed without accounting for the indirect benefits. Several scenarios are analyzed varying between diverting 5％ up to 20％ of the annual fuel bill for wind turbine installation for the first year and then recycling the savings into building more wind turbines without any further external investment. The results show that such a measure could have a cumulative effect with wind energy meeting 20％ of national needs in a period of 13 years (for the 20％ scenario). This study accounts for a 4％ growth in electricity consumption and 5％ operational expenses for the wind farm. The results indicate that jump starting the wind energy sector requires at least 20％ of the fuel bill, and in Lebanon requires no less than 200 Million dollars for any reasonable results to be observed. Alternatively, a more conventional annual based investment plan should be adopted.
Ahmad Houri
Lebanese American University P.O.Box 13-5053 Chouran, Beirut 1102 2801, Lebanon
国际会议
2007世界太阳能大会(Proceedings of ISES Solar World Congress 2007)
北京
英文
2007-09-18（万方平台首次上网日期，不代表论文的发表时间）