Bolivia levelized cost of storage

Does Bolivia have a long-term energy plan?

As previously mentioned, the Bolivian government does not provide any long-term energy planning study, however, the UNFCC (2015b) states that RE will compose 81% of electricity generation by 2030. Bolivia’s scenario for 2027 according to MHE (2009) states that biomass sources will comprise 8% of total final energy demand.

How will Bolivia's energy transition affect fuel imports?

Increase in CAPEX suggests that during the transition, fuel imports will reduce, particularly those for fossil oil. Using Bolivia’s own excellent solar resources to generate synthetic fuels in BPS-1 and BPS-2 would result in energy independence and security.

Can Bolivia have a low-carbon power system?

A sketch of Bolivia’s potential low-carbon power system configurations. The case of Applying carbon taxation and lowering financing costs Energy Strateg. Rev., 17 (2017), pp. 27 - 36, 10.1016/j.esr.2017.06.002 J. Clean. Prod., 199 (2018), pp. 687 - 704, 10.1016/j.jclepro.2018.07.159 Technol. Forecast. Soc.

What type of energy system does Bolivia use?

Similar to the country’s total energy system, the power sector relies heavily on natural gas (AEtN, 2016). The electricity network in Bolivia is broken into two classifications: the National Interconnected System (SIN) and the Isolated Systems (SAs).

Will Electric based heating drive the transition in Bolivia?

Heating demand in Bolivia transitions from a system dominated by natural gas and biomass to a largely electrified heating sector. Because of the low cost of renewable electricity, electric based heating will drive the transition for Bolivia’s heat sector. Fig. 13.

Should Bolivia use solar energy to generate synthetic fuels?

Using Bolivia’s own excellent solar resources to generate synthetic fuels in BPS-1 and BPS-2 would result in energy independence and security. Due to the lack of GHG emission costs in BPS-3 fuel costs remain for the fossil fuels used in the heat and transport sectors. Fig. 23.