Analysis of Energy Demand Scenarios in Ecuador: National Government Policy Perspectives and Global Trend to Reduce CO2 Emissions

Authors

  • Flavio Arroyo Universidad Central del Ecuador
  • Luis Javier Miguel Universidad de Valladolid

Abstract

The structure of Ecuador's energy matrix over the past 15 years has varied, but in general, the three dominant sources of energy in the country are: oil, hydroelectricity and biomass. In recent years, hydro energy has had a great boost with the construction of important hydroelectric projects, which has allowed to achieve important generation of energy from renewable sources. A system dynamics model evaluates the scenarios of Ecuador's energy model. The analysis describes the relationship between dynamic factors, such as policies, energy dependence and demand. National governmental political scenarios and global trends mark the way forward in search of reduction of energy consumption, energy efficiency and CO2 emissions mitigation. The results forecast future scenarios and trends in the supply and demand of energy and CO2 emissions projected until 2030.Keywords: CO2, Emissions, energy demand, Energy PoliciesJEL Classifications: Q48, Q58, O100 DOI: https://doi.org/10.32479/ijeep.7132

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Author Biographies

Flavio Arroyo, Universidad Central del Ecuador

Universidad Central del Ecuador, Universidad de Valladolid. Magister en Gestión de la Calidad y Productividad; Máster en Energías Renovables y Sostenibilidad Energética

Luis Javier Miguel, Universidad de Valladolid

Universidad de Valladolid. Phd en Ingeniería Industrial.

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Published

2019-02-14

How to Cite

Arroyo, F., & Miguel, L. J. (2019). Analysis of Energy Demand Scenarios in Ecuador: National Government Policy Perspectives and Global Trend to Reduce CO2 Emissions. International Journal of Energy Economics and Policy, 9(2), 364–374. Retrieved from https://econjournals.com./index.php/ijeep/article/view/7132

Issue

Vol. 9 No. 2 (2019)

Section

Articles

License

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