The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012
The main purpose of this paper is to analyze the substitution process from heavy fuel oil to natural gas by medium-sized and large companies located in Valle del Cauca and the north of Cauca in the period 2004–2012. Likewise, using a random effects Probit model in Panel, the propensity of these indu...
| Main Authors: | , |
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| Format: | Online |
| Language: | spa eng |
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Universidad Pedagógica y Tecnológica de Colombia
2016
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/4148 |
| _version_ | 1801705952884293632 |
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| author | Rangel Jiménez, Andrés Eduardo Portilla Salazar, Carlos Johnny |
| author_facet | Rangel Jiménez, Andrés Eduardo Portilla Salazar, Carlos Johnny |
| author_sort | Rangel Jiménez, Andrés Eduardo |
| collection | OJS |
| description | The main purpose of this paper is to analyze the substitution process from heavy fuel oil to natural gas by medium-sized and large companies located in Valle del Cauca and the north of Cauca in the period 2004–2012. Likewise, using a random effects Probit model in Panel, the propensity of these industries to substitute highly polluting fuel with natural gas is estimated. The results show that the difference in cost between natural gas and other fuels is a determinant of the probability of replacement. In addition, it is confirmed that the industries with a lower likelihood of carrying out this replacement are those that use coal in their production processes. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-4148 |
| institution | Revista Apuntes del Cenes |
| language | spa eng |
| publishDate | 2016 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-41482022-06-17T21:34:13Z The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 El proceso de sustitución de combustibles pesados por gas natural en el sector industrial del Valle del Cauca y del Cauca - Colombia 2004-2012 Rangel Jiménez, Andrés Eduardo Portilla Salazar, Carlos Johnny Alternative energy sources gasification panel data model. fuentes de energía alternativa gasificación datos de panel. The main purpose of this paper is to analyze the substitution process from heavy fuel oil to natural gas by medium-sized and large companies located in Valle del Cauca and the north of Cauca in the period 2004–2012. Likewise, using a random effects Probit model in Panel, the propensity of these industries to substitute highly polluting fuel with natural gas is estimated. The results show that the difference in cost between natural gas and other fuels is a determinant of the probability of replacement. In addition, it is confirmed that the industries with a lower likelihood of carrying out this replacement are those that use coal in their production processes. Este documento tiene por objetivo analizar el proceso de sustitución de la utilización de combustibles pesados hacia el gas natural por parte de medianas y grandes empresas ubicadas en el Valle del Cauca y norte del Cauca, que se observan durante el periodo 2004-2012. Asimismo, utilizando un modelo Probit de efectos aleatorios en Panel, se estima la propensión de estas industrias a sustituir un combustible altamente contaminante por gas natural. Los resultados muestran que la diferencia de gasto en gas con relación a otros combustibles es determinante en la probabilidad de conversión. Adicionalmente, se confirma que las industrias con menos probabilidad de realizar la conversión son aquellas que utilizan carbón en los procesos de producción. Universidad Pedagógica y Tecnológica de Colombia 2016-01-26 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/html application/pdf https://revistas.uptc.edu.co/index.php/cenes/article/view/4148 10.19053/22565779.4148 Apuntes del Cenes; Vol. 35 No. 61 (2016); 237-266 Apuntes del Cenes; Vol. 35 Núm. 61 (2016); 237-266 2256-5779 0120-3053 spa eng https://revistas.uptc.edu.co/index.php/cenes/article/view/4148/3581 https://revistas.uptc.edu.co/index.php/cenes/article/view/4148/5199 https://revistas.uptc.edu.co/index.php/cenes/article/view/4148/5089 Copyright (c) 2016 Andrés Eduardo Rangel Jiménez, Carlos Johnny Portilla Salazar http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Alternative energy sources gasification panel data model. fuentes de energía alternativa gasificación datos de panel. Rangel Jiménez, Andrés Eduardo Portilla Salazar, Carlos Johnny The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title | The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title_alt | El proceso de sustitución de combustibles pesados por gas natural en el sector industrial del Valle del Cauca y del Cauca - Colombia 2004-2012 |
| title_full | The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title_fullStr | The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title_full_unstemmed | The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title_short | The substitution process of heavy fuel oil with natural gas in the industrial sector of Valle del Cauca and Cauca – Colombia 2004-2012 |
| title_sort | substitution process of heavy fuel oil with natural gas in the industrial sector of valle del cauca and cauca colombia 2004 2012 |
| topic | Alternative energy sources gasification panel data model. fuentes de energía alternativa gasificación datos de panel. |
| topic_facet | Alternative energy sources gasification panel data model. fuentes de energía alternativa gasificación datos de panel. |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/4148 |
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