Modelling of the change in national exchange rate model depending on the economic parameters of a natural gas cogeneration system: Turkey case
| Autor: | Aslan İnan, Selim Ay, Ercan Izgi |
|---|---|
| Rok vydání: | 2009 |
| Předmět: |
Inflation
Floating exchange rate Renewable Energy Sustainability and the Environment business.industry media_common.quotation_subject Monetary policy Energy Engineering and Power Technology Environmental economics Variable cost Cogeneration Fuel Technology Exchange rate Nuclear Energy and Engineering Natural gas Economics Production (economics) business media_common |
| Zdroj: | Energy Conversion and Management. 50:1049-1055 |
| ISSN: | 0196-8904 |
| DOI: | 10.1016/j.enconman.2008.12.010 |
| Popis: | In this paper, to what extent a cogeneration system’s fixed and variable costs and profits are affected from the exchange rate model implemented in the country is examined. An autoproductor system, as known, uses a part of its electrical energy production for its own requirements while selling the remaining energy to the regional energy corporation. As a function of the load factor and the fuel cost, the production cost and energy sale income of the system are influenced much by the exchange rate model of the country. A cost analysis of a natural gas cogeneration (autoproductor) system has been performed for the numerical application, based on the monetary program supported by the IMF commenced in January 2000. In order to investigate the effect of the change in exchange rate model (introducing the floating exchange rate model) on the fuel cost, both the characteristics of the IMF program and some various forecasting methods have been utilized. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full Text from ScienceDirect