Financial Feasibility For The Sale of Certificates of Reduced Emissions (CER’s) In Carbon Markets, Using The Analytical Hierarchical Process (AHP). Wind Power Energy Case
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 2
Abstract
Observing the current situation of energy in Paraguay while the Kyoto Protocol was in force and taking into account the almost zero International presence in the Energy Project Certification process. The results of the National Energy Balance prepared by the National Electricity Administration (ANDE), in which it is concluded that hydraulic energy would be available to cover the load demand until the year 2035, makes it necessary to search for new alternatives for the generation of electrical power [15].The purpose of this article is to demonstrate the financial feasibility of the sale of Certificates of Reduced Emissions (CERs). In order to certify energy projects of electricity generation in which the use of unconventional energy (Wind Power Energy) is proposed. This energy will be coming from a Park of Wind Energy with a power of 46MWe. It will be searched the most convenient carbon market for the sale of certificates using the Hierarchical Analysis Process (AHP) as a tool [13].The Certification Mechanism and the Legal Framework under which the sales of CERs in Carbon Markets will be governed are not yet defined. It is estimated that it will be so until 2020, according to the conclusions resolved during the Conference of Parties (COP21 ).This event took place in the City of Paris (France) in the month of December of the year 2015. However, for a more comprehensive analysis, the Clean Development Mechanism (CDM) will be used as a mechanism for certification. It is important to take into account that while it was in force in developing countries, it was the most used mechanism according to the Economic Commission's indicators, for Latin America and Caribbean (LAC)
Authors and Affiliations
Felipe Mitjans, Jean Pulfer, Daisy Cañiza
Keywords
Related Articles
- EP ID EP409627
- DOI 10.9790/487X-2002033340.
- Views 70
- Downloads 0
The Relationship of Attitude, Subjective Norm, Perceived Behavioral Control on Halal Food Purchasing Behavior in Jakarta Widarto Rachbini1
Indonesia is most populous Muslim-majority country and its the world's 14th-largest country in terms of land area and world's 7th-largest country in terms of combined sea and land area. Nevertheless, based on Thomson Reu...
A Review of Organisational Culture and Organizational Commitment
This paper aims to review a number of studies on organisational culture and organisational commitment. However, only articles published from 2012-2017 were reviewed. The reviewed literatures showed different conclusions....
The Impact of Industrial Security on the Performance of Human Resources
Many incidents occur for individuals during their performance work, which often causes a large losses in them, due that many organizations impose certain systems of work and procedures for industrial security, in order t...
Effects Of Servıce Qualıty Perceptıons On Bank Customers: A Comparatıve Study Between Nıgerıa And Turkey
This study examined the effects of service quality perception on bank customers: A comparative analysis between Nigeria and Turkey. Primary data were used and 250 questionnaire were distributed while 245 and 247 were fil...
ervice Quality, Customer Satisfaction and Service Loyalty in Retail Banking Sector in Mongolia and Malaysia
The goal of this research was to fill the gap in service quality idea and offer a more (interested in the whole or the completeness of something) view, by measuring, testing/evaluating and exploring the relationship of s...