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Techno-Economic Analysis of Fuel Vehicles as Logistic Distribution Facilities in Indonesia by Considering the Carbon Emission Cost

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  • Virda Hersy Lutviana Saputri

    (Master Program of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret Surakarta, Jl. Ir. Sutami No. 36 A, Kentingan, Surakarta, 57126, Indonesia,)

  • Muhammad Hisjam

    (Department of Industrial Engineering, Faculty of Engineering, Universitas Sebelas Maret Surakarta, Jl. Ir. Sutami No. 36 A, Kentingan, Surakarta, 57126, Indonesia)

Abstract

This study aims to perform a techno-economic analysis for the investment of the Vigas usage as substitution for Pertamax 92 fuel that is starting to be rare. The assessment is done by calculating the value of break even point (BEP), net present value (NPV), internal rate of return (IRR), and payback period (PP). In addition, this study also calculates the amount of carbon emission costs that must be incurred by the company when using Pertamax fuel 92 and Vigas. The analyzed pollutants are CO, HC, NOx, and CO2. Based on the calculation results, BEP from replacement Pertamax 92 to Vigas can be achieved at the distance of 22.653.43 km. The value of NPV, IRR, and PP indicates that the investment is feasible to be realized. In addition, the cost of carbon emissions generated by Vigas is lower than Pertamax 92, with a difference of IDR 4,191,482.73

Suggested Citation

  • Virda Hersy Lutviana Saputri & Muhammad Hisjam, 2018. "Techno-Economic Analysis of Fuel Vehicles as Logistic Distribution Facilities in Indonesia by Considering the Carbon Emission Cost," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 35-38.
    • Handle: RePEc:eco:journ2:2018-06-6
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    References listed on IDEAS

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    Cited by:

    1. Darwanto Darwanto & Nenik Woyanti & Purbayu Budi Santosa & Hadi Sasana & Imam Ghozali, 2019. "The Damaging Growth: An Empiric Evidence of Environmental Kuznets Curve in Indonesia," International Journal of Energy Economics and Policy, Econjournals, vol. 9(5), pages 339-345.

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    More about this item

    Keywords

    carbon emission; fuel vehicle; techno-economy analysis;
    All these keywords.

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources

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