Analysis of energy management and financial planning in the implementation of photovoltaic systems
This paper presents the analysis of energy management and financial planning that is carried out in the design and implementation of photovoltaic systems in urban areas of the city of Barranquilla, Colombia. A questionnaire with a Likert scale and 36 items was designed, which was answered by subject...
- Autores:
-
Ospino Castro, Adalberto
Robles-Algarín, Carlos
Peña Gallardo, Rafael
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2019
- Institución:
- Corporación Universidad de la Costa
- Repositorio:
- REDICUC - Repositorio CUC
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.cuc.edu.co:11323/5123
- Acceso en línea:
- https://hdl.handle.net/11323/5123
https://repositorio.cuc.edu.co/
- Palabra clave:
- Energy Management
Financial Planning
Photovoltaic Energy
- Rights
- openAccess
- License
- CC0 1.0 Universal
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dc.title.spa.fl_str_mv |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
title |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
spellingShingle |
Analysis of energy management and financial planning in the implementation of photovoltaic systems Energy Management Financial Planning Photovoltaic Energy |
title_short |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
title_full |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
title_fullStr |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
title_full_unstemmed |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
title_sort |
Analysis of energy management and financial planning in the implementation of photovoltaic systems |
dc.creator.fl_str_mv |
Ospino Castro, Adalberto Robles-Algarín, Carlos Peña Gallardo, Rafael |
dc.contributor.author.spa.fl_str_mv |
Ospino Castro, Adalberto Robles-Algarín, Carlos Peña Gallardo, Rafael |
dc.subject.spa.fl_str_mv |
Energy Management Financial Planning Photovoltaic Energy |
topic |
Energy Management Financial Planning Photovoltaic Energy |
description |
This paper presents the analysis of energy management and financial planning that is carried out in the design and implementation of photovoltaic systems in urban areas of the city of Barranquilla, Colombia. A questionnaire with a Likert scale and 36 items was designed, which was answered by subjects with managerial functions of the 16 companies dedicated to the implementation of photovoltaic (PV) projects in Barranquilla. The instrument was validated by expert judgment with a reliability of 0.84 with Cronbach’s Alpha. For the analysis of results, techniques of central tendency and variability were used. The results show that energy management in the implementation of PV projects is moderate, indicating that there is no predominant presence of indicators of improvement and energy performance in these projects. Financial planning has a moderate significance, indicating that the financial analysis methods that are being used in these PV systems projects have a basic analysis. |
publishDate |
2019 |
dc.date.accessioned.none.fl_str_mv |
2019-07-24T20:06:02Z |
dc.date.available.none.fl_str_mv |
2019-07-24T20:06:02Z |
dc.date.issued.none.fl_str_mv |
2019-05-12 |
dc.type.spa.fl_str_mv |
Artículo de revista |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_2df8fbb1 |
dc.type.coar.spa.fl_str_mv |
http://purl.org/coar/resource_type/c_6501 |
dc.type.content.spa.fl_str_mv |
Text |
dc.type.driver.spa.fl_str_mv |
info:eu-repo/semantics/article |
dc.type.redcol.spa.fl_str_mv |
http://purl.org/redcol/resource_type/ART |
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info:eu-repo/semantics/acceptedVersion |
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http://purl.org/coar/resource_type/c_6501 |
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acceptedVersion |
dc.identifier.issn.spa.fl_str_mv |
2146-4553 |
dc.identifier.uri.spa.fl_str_mv |
https://hdl.handle.net/11323/5123 |
dc.identifier.instname.spa.fl_str_mv |
Corporación Universidad de la Costa |
dc.identifier.reponame.spa.fl_str_mv |
REDICUC - Repositorio CUC |
dc.identifier.repourl.spa.fl_str_mv |
https://repositorio.cuc.edu.co/ |
identifier_str_mv |
2146-4553 Corporación Universidad de la Costa REDICUC - Repositorio CUC |
url |
https://hdl.handle.net/11323/5123 https://repositorio.cuc.edu.co/ |
dc.language.iso.none.fl_str_mv |
eng |
language |
eng |
dc.relation.ispartof.spa.fl_str_mv |
https://www.econjournals.com/index.php/ijeep/article/view/7587/4393 |
dc.relation.references.spa.fl_str_mv |
Aksoezen, M., Daniel, M., Hassler, U., Kohler, N. (2015), Building age as an indicator for energy consumption. Energy and Buildings, 87, 74-86. Antunes, P., Carreira, P., Da Silva, M.M. (2014), Towards an energy management maturity model. Energy Policy, 73, 803-814. Brown, M., Desai, D. (2014), The ISO 50001 Energy management standard: What is it and how is it changing. Strategic Planning for Energy and the Environment, 34(2), 16-25. Brunetti, M., Giarda, E., Torricelli, C. (2016), Is financial fragility a matter of illiquidity? An appraisal for Italian households. Review of Income and Wealth, 62(4), 628-649. Cabello, J.J., Garcia, D., Sagastume, A., Priego, R., Hens, L., Vandecasteele, C. (2012), An approach to sustainable development: The case of Cuba. Environment, Development and Sustainability, 14(4), 573-591. Caldara, D., Fuentes-Albero, C., Gilchrist, S., Zakrajšek, E. (2016), The macroeconomic impact of financial and uncertainty shocks. European Economic Review, 88, 185-207. Camacol, A. (2017), Estudio de Oferta y Demanda del Consumidor de Vivienda Nueva en Barranquilla y su Área Metropolitana. Available from: https://www.goo.gl/v3ektn. [Last accessed on 2018 Mar 10]. Castillo-Ramírez, A., Mejía-Giraldo, D., Molina-Castro, J.D. (2017), Fiscal incentives impact for RETs investments in Colombia. Energy Sources, Part B: Economics, Planning, and Policy, 12(9), 759-764. De Sousa Jabbour, A.B.L., Júnior, S.A.V., Jabbour, C.J.C., Filho, W.L., Campos, L.S., De Castro, R. (2017), Toward greener supply chains: Is there a role for the new ISO 50001 approach to energy and carbon management. Energy Efficiency, 10(3), 777-785. Dzene, I., Polikarpova, I., Zogla, L., Rosa, M. (2015), Application of ISO 50001 for implementation of sustainable energy action plans. Energy Procedia, 72, 111-118. Edsand, H.E. (2017), Identifying barriers to wind energy diffusion in Colombia: Afunction analysis of the technological innovation system and the wider context. Technology in Society, 49, 1-15. Ehiedu, V.C. (2014), The impact of liquidity on profitability of some selected companies: The financial statement analysis (FSA) approach. Research Journal of Finance and Accounting, 5(5), 81-90. Elliott, G., Timmermann, A. (2016), Forecasting in economics and finance. Annual Review of Economics, 8, 81-110. Enqvist, J., Graham, M., Nikkinen, J. (2014), The impact of working capital management on firm profitability in different business cycles: Evidence from Finland. Research in International Business and Finance, 32, 36-49. Eras, J.J.C., Morejón, M.B., Gutiérrez, A.S., García, A.P., Ulloa, M.C., Martínez, F.J.R., Rueda-Bayona, J.G. (2018), A look to the electricity generation from non-conventional renewable energy sources in Colombia. International Journal of Energy Economics and Policy, 9(1), 15-25. Eras, J.J.C.E., Fontalvo, M.O., Rueda, C.A., Herrera, H.H., Leiro, P.R. (2017), Evaluación de la calidad de vida urbana en las principales ciudades Colombianas. Revista Brasileira de Gestão e Desenvolvimento Regional, 13(1), 106-127. Gamboa, J. (2016), La Planificación Financiera en la Mejora de la Gestión Administrativa en Las Facultades de Las Universidades Públicas Del Ecuador: Caso Universidad Estatal de Milagro-2013-2016. Tesis Doctoral. Universidad Nacional Mayor de San Marcos. Gopalakrishnan, B., Ramamoorthy, K., Crowe, E., Chaudhari, S., Latif, H. (2014), A structured approach for facilitating the implementation of ISO 50001 standard in the manufacturing sector. Sustainable Energy Technologies and Assessments, 7, 154-165. Hernández, R., Fernández, C., Baptista, M. (2014), Metodología de la Investigación. México: Mc Graw Hill. Hernández, Z.T., López, M.R. (2017), La eficiencia energética en microempresas mexicanas. Ciencia Administrativa, 2, 190-202. IDB. (2017), Eficiencia Energética en América Latina y el Caribe: Avances y Oportunidades. Available from: http://www.dx.doi. org/10.18235/0000971. [Last accessed on 2018 Mar 4]. Introna, V., Cesarotti, V., Benedetti, M., Biagiotti, S., Rotunno, R. (2014), Energy management maturity model: An organizational tool to foster the continuous reduction of energy consumption in companies. Journal of Cleaner Production, 83, 108-117. Javied, T., Rackow, T., Franke, J. (2015), Implementing energy management system to increase energy efficiency in manufacturing companies. Procedia CIRP, 26, 156-161. Johnson, H., Johansson, M., Andersson, K. (2014), Barriers to improving energy efficiency in short sea shipping: an action research case study. Journal of Cleaner Production, 66, 317-327. Juárez, F. (2014), Review of the principles of complexity in business administration and application in financial statements. African Journal of Business Management, 8(2), 48-54. Kanneganti, H., Gopalakrishnan, B., Crowe, E., Al-Shebeeb, O., Yelamanchi, T., Nimbarte, A., Abolhassani, A. (2017), Specification of energy assessment methodologies to satisfy ISO 50001 energy management standard. Sustainable Energy Technologies and Assessments, 23, 121-135. Kumar, B.S., Sudhakar, K. (2015), Performance evaluation of 10 MW grid connected solar photovoltaic power plant in India. Energy Reports, 1, 184-192. Lichfield, N., Kettle, P., Whitbread, M. (2016), Evaluation in the Planning Process: The Urban and Regional Planning Series. Pergamon: Edit Elsevier. López-García, D., Arango-Manrique, A., Carvajal-Quintero, S X. (2018), Integration of distributed energy resources in isolated microgrids: The Colombian paradigm. TecnoLógicas, 21(42), 13-30. Madrigal, J.A., Eras, J.J.C., Herrera, H.H., Santos, V.S., Morejón, M.B. (2018), Planificación energética para el ahorro de fuel oil en una lavandería industrial. Ingeniare. Revista Chilena de Ingeniería, 26(1), 86-96. Mapfre, F. (2011), Guía Práctica Para la Implementación de Sistemas de Gestión Energética. España. Fundación MAPFRE. May, G., Barletta, I., Stahl, B., Taisch, M. (2015), Energy management in production: A novel method to develop key performance indicators for improving energy efficiency. Applied Energy, 149, 46-61. Mejía, G. (2014), A comparative study between the energetic efficiency legislation in Colombia and Spain. Revista EAN, 77, 122-135. Müller, E., Poller, R., Hopf, H., Krones, M. (2013), Enabling energy management for planning energy-efficient factories. Procedia CIRP, 7, 622-627. Nejat, P., Jomehzadeh, F., Taheri, M.M., Gohari, M., Majid, M.Z.A. (2015), A global review of energy consumption, CO2 emissions and policy in the residential sector (with an overview of the top ten CO2 emitting countries). Renewable and Sustainable Energy Reviews, 43, 843-862. Nuss, C., Sahamie, R., Stindt, D. (2015), The reverse supply chain planning matrix: A classification scheme for planning problems in reverse logistics. International Journal of Management Reviews, 17(4), 413-436. Oliveira, J.A., Oliveira, O.J., Ometto, A.R., Ferraudo, A.S., Salgado, M.H. (2016), Environmental management system ISO 14001 factors for promoting the adoption of cleaner production practices. Journal of Cleaner Production, 133, 1384-1394. Ospino-Castro, A., Peña-Gallardo, R., Hernández-Rodríguez, A., Segundo-Ramírez, J., Muñoz-Maldonado, Y.A. (2017), TechnoEconomic Evaluation of a Grid-Connected Hybrid PV-Wind Power Generation System in San Luis Potosi, Mexico. In Power, Electronics and Computing (ROPEC), 2017 IEEE International Autumn Meeting. Pablo-Romero, M.D.P., De Jesús, J. (2016), Economic growth and energy consumption: The energy-environmental Kuznets curve for Latin America and the Caribbean. Renewable and Sustainable Energy Reviews, 60, 1343-1350. Pacheco-Granados, R.J., Robles-Algarín, C.A., Ospino-Castro, A.J. (2018), Análisis de la gestión administrativa en las instituciones educativas de los niveles de básica y media en las zonas rurales de Santa Marta, Colombia. Información tecnológica, 29(5), 259-266. Paez, A.F., Maldonado, Y.M., Castro, A.O., Hernandez, N., Conde, E., Pacheco, L., Sotelo, O. (2017)., Future scenarios and trends of energy demand in Colombia using long-range energy alternative planning. International Journal of Energy Economics and Policy, 7(5), 178-190. Pagola, V., Peña, R., Segundo, J., Ospino, A. (2019), Rapid Prototyping of a hybrid pv-wind generation system implemented in a real-time digital simulation platform and arduino. Electronics, 8(1), 102-122. PAI PROURE. (2016), Ministerio de Minas y Energía MME, Unidad de Planeación Minero Energética UPME, Plan De Acción Indicativo De Eficiencia Energética 2017-2022, República de Colombia. Available from: https://www.goo.gl/rwGpCD. [Last accessed on 2019 Jan 17]. Papazov, E. (2014), A “reverse” approach to coordination of strategic and tactical financial decisions for small business growth. Procedia Social and Behavioral Sciences, 156, 161-165. Prías, O., Campos, J. (2013), Implementación de un Sistema de Gestión de la Energía. Guía con Base en la Norma ISO 50001. Bogotá: Colciencias y Universidad del Atlántico. Restrepo, S., Mesa, J.C., Ocampo, O.L., Perdomo, L. (2014), Caracterización de la gestión energética en una empresa manufacturera de Manizales. Energética, 44, 33-39. Robles, A.C.A., Polo Llanos, A., Ospino Castro, A. (2017). An analytic hierarchy process based approach for evaluating renewable energy sources. International Journal of Energy Economics and Policy, 7(4), 38-47. Robles-Algarín, C. A., Taborda-Giraldo, J. A., Ospino-Castro, A. J. (2018). Procedimiento para la Selección de Criterios en la Planificación Energética de Zonas Rurales Colombianas. Información tecnológica, 29(3), 71-80. Rodríguez-Urrego, D., Rodríguez-Urrego, L. (2018), Photovoltaic energy in Colombia: Current status, inventory, policies and future prospects. Renewable and Sustainable Energy Reviews, 92, 160-170. Sáenz, J. (2018), El Rezago de Colombia en Energías Renovables. Available from: https://www.goo.gl/f9Y5jA. [Last accessed on 2018 Apr 07]. Sarduy G.J.R., Felipe, P.R.V., Torres, Y.D., Plascencia, M.A.A., Santo, V.S., Haeseldonckx, D. (2018), A new energy performance indicator for energy management system of a wheat mill plant. International Journal of Energy Economics and Policy, 8(4), 324-330. Shakeri, M., Shayestegan, M., Abunima, H., Reza, S.S., Akhtaruzzaman, M., Alamoud, A.R.M., Amin, N. (2017), An intelligent system architecture in home energy management systems (HEMS) for efficient demand response in smart grid. Energy and Buildings, 138, 154-164. Siminica, M., Motoi, A.G., Dumitru, A. (2017), Financial management as component of tactical management. Polish Journal of Management Studies, 15, 206-217. Taber, K.S. (2018), The use of Cronbach’s alpha when developing and reporting research instruments in science education. Research in Science Education, 48(6), 1273-1296. Tuomikangas, N., Kaipia, R. (2014), A coordination framework for sales and operations planning (S&OP): Synthesis from the literature. International Journal of Production Economics, 154, 243-262. UPME. (2018), Informe de Gestión. Available from: https://www.goo. gl/KZEEkU. [Last accessed on 2019 Jan 17]. Zarante, P.H.B., Chamorro, M.C.V., Polo, J.D.N. (2018), Feasibility evaluation of the use organic rankine cycle (ORC) technology for energy production from exhaust gases recovery: A case study of local industry in Colombia. Contemporary Engineering Sciences, 11(44), 2173-2180. Zomorodian, Z.S., Tahsildoost, M., Hafezi, M. (2016), Thermal comfort in educational buildings: Areview article. Renewable and Sustainable Energy Reviews, 59, 895-906. |
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Ospino Castro, AdalbertoRobles-Algarín, CarlosPeña Gallardo, Rafael2019-07-24T20:06:02Z2019-07-24T20:06:02Z2019-05-122146-4553https://hdl.handle.net/11323/5123Corporación Universidad de la CostaREDICUC - Repositorio CUChttps://repositorio.cuc.edu.co/This paper presents the analysis of energy management and financial planning that is carried out in the design and implementation of photovoltaic systems in urban areas of the city of Barranquilla, Colombia. A questionnaire with a Likert scale and 36 items was designed, which was answered by subjects with managerial functions of the 16 companies dedicated to the implementation of photovoltaic (PV) projects in Barranquilla. The instrument was validated by expert judgment with a reliability of 0.84 with Cronbach’s Alpha. For the analysis of results, techniques of central tendency and variability were used. The results show that energy management in the implementation of PV projects is moderate, indicating that there is no predominant presence of indicators of improvement and energy performance in these projects. Financial planning has a moderate significance, indicating that the financial analysis methods that are being used in these PV systems projects have a basic analysis.Ospino Castro, AdalbertoRobles-Algarín, CarlosPeña Gallardo, RafaelengInternational Journal of Energy Economics and Policyhttps://www.econjournals.com/index.php/ijeep/article/view/7587/4393Aksoezen, M., Daniel, M., Hassler, U., Kohler, N. (2015), Building age as an indicator for energy consumption. Energy and Buildings, 87, 74-86. Antunes, P., Carreira, P., Da Silva, M.M. (2014), Towards an energy management maturity model. Energy Policy, 73, 803-814. Brown, M., Desai, D. (2014), The ISO 50001 Energy management standard: What is it and how is it changing. Strategic Planning for Energy and the Environment, 34(2), 16-25. Brunetti, M., Giarda, E., Torricelli, C. (2016), Is financial fragility a matter of illiquidity? An appraisal for Italian households. Review of Income and Wealth, 62(4), 628-649. Cabello, J.J., Garcia, D., Sagastume, A., Priego, R., Hens, L., Vandecasteele, C. (2012), An approach to sustainable development: The case of Cuba. Environment, Development and Sustainability, 14(4), 573-591. Caldara, D., Fuentes-Albero, C., Gilchrist, S., Zakrajšek, E. (2016), The macroeconomic impact of financial and uncertainty shocks. European Economic Review, 88, 185-207. Camacol, A. (2017), Estudio de Oferta y Demanda del Consumidor de Vivienda Nueva en Barranquilla y su Área Metropolitana. Available from: https://www.goo.gl/v3ektn. [Last accessed on 2018 Mar 10]. Castillo-Ramírez, A., Mejía-Giraldo, D., Molina-Castro, J.D. (2017), Fiscal incentives impact for RETs investments in Colombia. Energy Sources, Part B: Economics, Planning, and Policy, 12(9), 759-764. De Sousa Jabbour, A.B.L., Júnior, S.A.V., Jabbour, C.J.C., Filho, W.L., Campos, L.S., De Castro, R. (2017), Toward greener supply chains: Is there a role for the new ISO 50001 approach to energy and carbon management. Energy Efficiency, 10(3), 777-785. Dzene, I., Polikarpova, I., Zogla, L., Rosa, M. (2015), Application of ISO 50001 for implementation of sustainable energy action plans. Energy Procedia, 72, 111-118. Edsand, H.E. (2017), Identifying barriers to wind energy diffusion in Colombia: Afunction analysis of the technological innovation system and the wider context. Technology in Society, 49, 1-15. Ehiedu, V.C. (2014), The impact of liquidity on profitability of some selected companies: The financial statement analysis (FSA) approach. Research Journal of Finance and Accounting, 5(5), 81-90. Elliott, G., Timmermann, A. (2016), Forecasting in economics and finance. Annual Review of Economics, 8, 81-110. Enqvist, J., Graham, M., Nikkinen, J. (2014), The impact of working capital management on firm profitability in different business cycles: Evidence from Finland. Research in International Business and Finance, 32, 36-49. Eras, J.J.C., Morejón, M.B., Gutiérrez, A.S., García, A.P., Ulloa, M.C., Martínez, F.J.R., Rueda-Bayona, J.G. (2018), A look to the electricity generation from non-conventional renewable energy sources in Colombia. International Journal of Energy Economics and Policy, 9(1), 15-25. Eras, J.J.C.E., Fontalvo, M.O., Rueda, C.A., Herrera, H.H., Leiro, P.R. (2017), Evaluación de la calidad de vida urbana en las principales ciudades Colombianas. Revista Brasileira de Gestão e Desenvolvimento Regional, 13(1), 106-127. Gamboa, J. (2016), La Planificación Financiera en la Mejora de la Gestión Administrativa en Las Facultades de Las Universidades Públicas Del Ecuador: Caso Universidad Estatal de Milagro-2013-2016. Tesis Doctoral. Universidad Nacional Mayor de San Marcos. Gopalakrishnan, B., Ramamoorthy, K., Crowe, E., Chaudhari, S., Latif, H. (2014), A structured approach for facilitating the implementation of ISO 50001 standard in the manufacturing sector. Sustainable Energy Technologies and Assessments, 7, 154-165. Hernández, R., Fernández, C., Baptista, M. (2014), Metodología de la Investigación. México: Mc Graw Hill. Hernández, Z.T., López, M.R. (2017), La eficiencia energética en microempresas mexicanas. Ciencia Administrativa, 2, 190-202. IDB. (2017), Eficiencia Energética en América Latina y el Caribe: Avances y Oportunidades. Available from: http://www.dx.doi. org/10.18235/0000971. [Last accessed on 2018 Mar 4]. Introna, V., Cesarotti, V., Benedetti, M., Biagiotti, S., Rotunno, R. (2014), Energy management maturity model: An organizational tool to foster the continuous reduction of energy consumption in companies. Journal of Cleaner Production, 83, 108-117. Javied, T., Rackow, T., Franke, J. (2015), Implementing energy management system to increase energy efficiency in manufacturing companies. Procedia CIRP, 26, 156-161. Johnson, H., Johansson, M., Andersson, K. (2014), Barriers to improving energy efficiency in short sea shipping: an action research case study. Journal of Cleaner Production, 66, 317-327. Juárez, F. (2014), Review of the principles of complexity in business administration and application in financial statements. African Journal of Business Management, 8(2), 48-54. Kanneganti, H., Gopalakrishnan, B., Crowe, E., Al-Shebeeb, O., Yelamanchi, T., Nimbarte, A., Abolhassani, A. (2017), Specification of energy assessment methodologies to satisfy ISO 50001 energy management standard. Sustainable Energy Technologies and Assessments, 23, 121-135. Kumar, B.S., Sudhakar, K. (2015), Performance evaluation of 10 MW grid connected solar photovoltaic power plant in India. Energy Reports, 1, 184-192. Lichfield, N., Kettle, P., Whitbread, M. (2016), Evaluation in the Planning Process: The Urban and Regional Planning Series. Pergamon: Edit Elsevier. López-García, D., Arango-Manrique, A., Carvajal-Quintero, S X. (2018), Integration of distributed energy resources in isolated microgrids: The Colombian paradigm. TecnoLógicas, 21(42), 13-30. Madrigal, J.A., Eras, J.J.C., Herrera, H.H., Santos, V.S., Morejón, M.B. (2018), Planificación energética para el ahorro de fuel oil en una lavandería industrial. Ingeniare. Revista Chilena de Ingeniería, 26(1), 86-96. Mapfre, F. (2011), Guía Práctica Para la Implementación de Sistemas de Gestión Energética. España. Fundación MAPFRE. May, G., Barletta, I., Stahl, B., Taisch, M. (2015), Energy management in production: A novel method to develop key performance indicators for improving energy efficiency. Applied Energy, 149, 46-61. Mejía, G. (2014), A comparative study between the energetic efficiency legislation in Colombia and Spain. Revista EAN, 77, 122-135. 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