MILP model to evaluate the investment on renewable energy sources

FLORES, JULIO; RODRIGUEZ, MARIA ANALIA; VECCHIETTI, ALDO

Melbourne

Conferencia; IFORS 2011 - Conference of the International Federation of Operation Research Societies; 2011

International Federation of Operation Research Societies

A multiperiod mathematical program is formulated with the aim of minimizing investment and operating costs of energy sources, so as to meet energy demands in Argentina. The main purpose is to replace fossil fuels used in transportation and electricity generation by renewable alternatives: biodiesel and bioethanol for transportation; wind turbines, hydrokinetic turbines and nuclear plants to produce electricity, and solar energy collectors for heating residential and commercial facilities. The results obtained show an alternative composition of Argentina’s energy matrix for the next 20 years.