IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i8p3123-d345088.html
   My bibliography  Save this article

Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)

Author

Listed:
  • Quetzalcoatl Hernandez-Escobedo

    (Escuela Nacional de Estudios Superiores Juriquilla, Universidad Nacional Autonoma de México, Queretaro 76230, Mexico)

  • Alida Ramirez-Jimenez

    (International PhD School, Universidad de Almería, 04120 Almería, Spain)

  • Jesús Manuel Dorador-Gonzalez

    (Escuela Nacional de Estudios Superiores Juriquilla, Universidad Nacional Autonoma de México, Queretaro 76230, Mexico)

  • Miguel-Angel Perea-Moreno

    (Departamento de Física Aplicada, Radiología y Medicina Física, Universidad de Córdoba, ceiA3, Campus de Rabanales, 14071 Córdoba, Spain)

  • Alberto-Jesus Perea-Moreno

    (Departamento de Física Aplicada, Radiología y Medicina Física, Universidad de Córdoba, ceiA3, Campus de Rabanales, 14071 Córdoba, Spain)

Abstract

Universities around the world should be at the forefront of energy-saving and efficiency processes, seeking to be at the same level or preferably higher than the rest of society, and seeking the goal of 20% renewable energy by 2020. Sustainability practices have been carried out by several universities. In Mexico, the National Autonomous University of Mexico (UNAM) is a leader in this subject; in fact, the newest National School of Higher Studies - Juriquilla (ENES-J) that belongs to UNAM, located in the city of Queretaro (Mexico), is involved in its sustainability plan, with one of its main objectives being to save electric energy. UNAM has some campuses outside of Mexico City, and one of them is the National School of Higher Studies Juriquilla (ENES-J) in the state of Queretaro, where there is the Orthotics and Prosthetics Laboratory (OPL), in which has been installed a Computer Numerical Control (CNC) machine type Haas Automation model UMC-750, which has 5-axis and is an effective means to reduce the number of setups and increase accuracy for multi-sided and complex parts. This machine will be used to design, build, and assess human prosthesis. This study aimed to contribute to sustainability policies at the ENES-J from UNAM, implementing a solar photovoltaic system (PVS) to deliver electricity to the grid and contribute to reducing the electricity load at the Orthotics and Prosthetics Laboratory (OPL), as well to propose new research lines to support the sustainability policies in universities, and also proposing a financial analysis. To achieve this, in an area of 96.7 m 2 , 50 solar panels type mono-Si Advance Power API-M330 with an efficiency of 17.83% and a capacity factor of 20.4% will be installed and will provide 17.25 kW of power and 345 kWh of energy. The financial analysis shows the initial costs of 46,575 USD/kW, operation and maintenance (O&M) costs (savings) of 569 USD/kW-year, a monthly electricity export rate of 0.10 USD/kWh, electricity exported to the grid of 21.5 MWh, and an electricity export revenue of 2,145 USD. To assess the environmental balance with this PVS at ENES-J, an analysis of greenhouse gases (GHG) is carried out by using the RETScreen software. In this analysis, a GHG emission factor of 0.45 tCO 2 /MWh was found, as well as a savings of 12,089 USD per year.

Suggested Citation

  • Quetzalcoatl Hernandez-Escobedo & Alida Ramirez-Jimenez & Jesús Manuel Dorador-Gonzalez & Miguel-Angel Perea-Moreno & Alberto-Jesus Perea-Moreno, 2020. "Sustainable Solar Energy in Mexican Universities. Case Study: The National School of Higher Studies Juriquilla (UNAM)," Sustainability, MDPI, vol. 12(8), pages 1-22, April.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:8:p:3123-:d:345088
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/8/3123/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/12/8/3123/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Bosch, Jonathan & Staffell, Iain & Hawkes, Adam D., 2019. "Global levelised cost of electricity from offshore wind," Energy, Elsevier, vol. 189(C).
    2. Miguel-Angel Perea-Moreno & Francisco Manzano-Agugliaro & Quetzalcoatl Hernandez-Escobedo & Alberto-Jesus Perea-Moreno, 2020. "Sustainable Thermal Energy Generation at Universities by Using Loquat Seeds as Biofuel," Sustainability, MDPI, vol. 12(5), pages 1-23, March.
    3. Karasmanaki, Evangelia & Tsantopoulos, Georgios, 2019. "Exploring future scientists' awareness about and attitudes towards renewable energy sources," Energy Policy, Elsevier, vol. 131(C), pages 111-119.
    4. Alberto-Jesus Perea-Moreno & Quetzalcoatl Hernandez-Escobedo & Javier Garrido & Joel Donaldo Verdugo-Diaz, 2018. "Stand-Alone Photovoltaic System Assessment in Warmer Urban Areas in Mexico," Energies, MDPI, vol. 11(2), pages 1-13, January.
    5. John Lintner, 1965. "Security Prices, Risk, And Maximal Gains From Diversification," Journal of Finance, American Finance Association, vol. 20(4), pages 587-615, December.
    6. Rosa María Brito & Columba Rodríguez & José Luis Aparicio, 2018. "Sustainability in Teaching: An Evaluation of University Teachers and Students," Sustainability, MDPI, vol. 10(2), pages 1-16, February.
    7. Myeongchan Oh & Hyeong-Dong Park, 2019. "Optimization of Solar Panel Orientation Considering Temporal Volatility and Scenario-Based Photovoltaic Potential: A Case Study in Seoul National University," Energies, MDPI, vol. 12(17), pages 1-17, August.
    8. Miguel-Angel Perea-Moreno & Quetzalcoatl Hernandez-Escobedo & Alberto-Jesus Perea-Moreno, 2018. "Renewable Energy in Urban Areas: Worldwide Research Trends," Energies, MDPI, vol. 11(3), pages 1-19, March.
    9. Miguel-Angel Perea-Moreno & Francisco Manzano-Agugliaro & Alberto-Jesus Perea-Moreno, 2018. "Sustainable Energy Based on Sunflower Seed Husk Boiler for Residential Buildings," Sustainability, MDPI, vol. 10(10), pages 1-20, September.
    10. Thomas T. D. Tran & Amanda D. Smith, 2019. "Stochastic Optimization for Integration of Renewable Energy Technologies in District Energy Systems for Cost-Effective Use," Energies, MDPI, vol. 12(3), pages 1-26, February.
    11. Ferreira Savoia, José Roberto & Securato, José Roberto & Bergmann, Daniel Reed & Lopes da Silva, Fabiana, 2019. "Comparing results of the implied cost of capital and capital asset pricing models for infrastructure firms in Brazil," Utilities Policy, Elsevier, vol. 56(C), pages 149-158.
    12. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
    13. Zafrilla, Jorge-Enrique & Arce, Guadalupe & Cadarso, María-Ángeles & Córcoles, Carmen & Gómez, Nuria & López, Luis-Antonio & Monsalve, Fabio & Tobarra, María-Ángeles, 2019. "Triple bottom line analysis of the Spanish solar photovoltaic sector: A footprint assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 114(C), pages 1-1.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Daniel A. Salas & Paulina Criollo & Angel D. Ramirez, 2021. "The Role of Higher Education Institutions in the Implementation of Circular Economy in Latin America," Sustainability, MDPI, vol. 13(17), pages 1-27, August.
    2. Sota Makino & Takeshi Onishi & Akika Itoh & Issei Sato & Tomohumi Huzita & Chihiro Kayo, 2021. "Sustainable Campus: Reducing Environmental and Financial Burdens by Using Pruned Branches for On-Campus Energy," Sustainability, MDPI, vol. 13(13), pages 1-15, July.
    3. Francisco G. Montoya & Alberto-Jesus Perea-Moreno, 2020. "Environmental Energy Sustainability at Universities," Sustainability, MDPI, vol. 12(21), pages 1-3, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Shi, Yun & Cui, Xiangyu & Zhou, Xunyu, 2020. "Beta and Coskewness Pricing: Perspective from Probability Weighting," SocArXiv 5rqhv, Center for Open Science.
    2. Giovanni Bonaccolto & Massimiliano Caporin & Sandra Paterlini, 2018. "Asset allocation strategies based on penalized quantile regression," Computational Management Science, Springer, vol. 15(1), pages 1-32, January.
    3. Miguel-Angel Perea-Moreno & Quetzalcoatl Hernandez-Escobedo & Fernando Rueda-Martinez & Alberto-Jesus Perea-Moreno, 2020. "Zapote Seed ( Pouteria mammosa L. ) Valorization for Thermal Energy Generation in Tropical Climates," Sustainability, MDPI, vol. 12(10), pages 1-21, May.
    4. Magdalena Mikolajek-Gocejna, 2021. "Estimation, Instability, and Non-Stationarity of Beta Coefficients for Twenty-four Emerging Markets in 2005-2021," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 370-395.
    5. Bao, Te & Diks, Cees & Li, Hao, 2018. "A generalized CAPM model with asymmetric power distributed errors with an application to portfolio construction," Economic Modelling, Elsevier, vol. 68(C), pages 611-621.
    6. Herwartz, Helmut & Lange, Alexander & Maxand, Simone, 2019. "Statistical identification in SVARs - Monte Carlo experiments and a comparative assessment of the role of economic uncertainties for the US business cycle," University of Göttingen Working Papers in Economics 375, University of Goettingen, Department of Economics.
    7. Yu Wang & Haicheng Shu, 2019. "Evaluating the Performance of Factor Pricing Models for Different Stock Market Trends: Evidence from China," Working Papers 2019-10-10, Wang Yanan Institute for Studies in Economics (WISE), Xiamen University.
    8. Richard T. Baillie & Fabio Calonaci & George Kapetanios, 2019. "Hierarchical Time Varying Estimation of a Multi Factor Asset Pricing Model," Working Papers 879, Queen Mary University of London, School of Economics and Finance.
    9. Kanwal Iqbal Khan & Syed M. Waqar Azeem Naqvi & Muhammad Mudassar Ghafoor & Rana Shahid Imdad Akash, 2020. "Sustainable Portfolio Optimization with Higher-Order Moments of Risk," Sustainability, MDPI, vol. 12(5), pages 1-14, March.
    10. Arati Kale & Devendra Kale & Sriram Villupuram, 2024. "Decomposition of risk for small size and low book-to-market stocks," Journal of Asset Management, Palgrave Macmillan, vol. 25(1), pages 96-112, February.
    11. Niles C. Schoening & Larry E. Sweeney, 1992. "Proactive Industrial Development Strategies And Portfolio Analysis," The Review of Regional Studies, Southern Regional Science Association, vol. 22(3), pages 227-238, Winter.
    12. Guglielmo Maria Caporale & Abdurrahman Nazif Catik & Gül Serife Huyugüzel Kisla & Mohamad Husam Helmi & Coskun Akdeniz, 2021. "Oil Prices, Exchange Rates and Sectoral Stock Returns in the BRICS-T Countries: A Time-Varying Approach," CESifo Working Paper Series 9322, CESifo.
    13. Frank Figge, 2005. "Value‐based environmental management. From environmental shareholder value to environmental option value," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 12(1), pages 19-30, March.
    14. Epstien, Gerald & Gintis, Herbert, 1989. "International Capital Markets and the Limits of National Economic Policy," WIDER Working Papers 295606, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
    15. Martin Lettau & Sydney Ludvigson, 2001. "Resurrecting the (C)CAPM: A Cross-Sectional Test When Risk Premia Are Time-Varying," Journal of Political Economy, University of Chicago Press, vol. 109(6), pages 1238-1287, December.
    16. Turhan Korkmaz & Emrah I. Çevik & Elif Birkan & Nesrin ÖzataÇ, 2010. "Testing Capm using Markov Switching Model: The Case of Coal Firms," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 23(2), pages 44-59, January.
    17. Kerstens, Kristiaan & Mounir, Amine & de Woestyne, Ignace Van, 2011. "Non-parametric frontier estimates of mutual fund performance using C- and L-moments: Some specification tests," Journal of Banking & Finance, Elsevier, vol. 35(5), pages 1190-1201, May.
    18. Guo, Hui & Savickas, Robert & Wang, Zijun & Yang, Jian, 2009. "Is the Value Premium a Proxy for Time-Varying Investment Opportunities? Some Time-Series Evidence," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 44(1), pages 133-154, February.
    19. Janette Rutterford, 2012. "Valuing Equities in the UK and the US: Fashions and Trends," Chapters, in: Geoffrey Poitras (ed.), Handbook of Research on Stock Market Globalization, chapter 4, Edward Elgar Publishing.
    20. Boudt, Kris & Raza, Muhammad Wajid & Wauters, Marjan, 2019. "Evaluating the Shariah-compliance of equity portfolios: The weighting method matters," International Review of Financial Analysis, Elsevier, vol. 63(C), pages 406-417.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:8:p:3123-:d:345088. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.