Shahriyar Nasirov

Adolfo Ibáñez University · Facultad de Ingeniería y Ciencias

The development of rooftop solar PV generation has significant potential to generate enormous benefits to the electricity systems in achieving emission reduction targets and meeting increasing global energy demand, but could also make the power systems more resilient and affordable. In 2012, the Chilean government introduced a net billing law (Law...

Market liberalization and the expansion of variable renewable energy sources in power systems have made the dynamics of electricity prices more uncertain, leading them to show high volatility with sudden, unexpected price spikes. Thus, developing more accurate price modeling and forecasting techniques is a challenge for all market participants and...

Mining is an economically-beneficial activity recognized as crucial in modern society since almost every aspect of our lives relies on minerals. However, intensive mining activities impose a severe strain on the water-energy nexus. In fact, mining ventures: i) need massive amount of water in various ore processing steps; ii) generate a huge amount...

Over the last few years, Chile has witnessed an extraordinary energy transformation that has turned the country into one of the largest renewable energy markets in South America. This study examines the impact of renewable energy (RE) technologies from the perspective of job creation opportunities in Chile. For this purpose, the study introduces an...

Renewable energies (RE) in Chile and around the world have experienced outstanding growth in recent years. However, RE technologies such as solar photovoltaic and wind generate an imbalance between generation (offer) and consumption (demand) because of their intermittent and variable nature. Moreover, RE’s natural variability makes it necessary for...

During the last decade, the Chilean government introduced a corporate income tax credit for construction companies installing Solar Water Heating (SWH) systems in new housing developments. The credit aims to provide hot-water solutions to the residential sector with a cheaper and more environmentally-friendly than fossil fuels. The tax benefits wer...

Medium size developing countries like Chile that commit to decarbonization goals need to carefully assess the trade-o↵s associated to their intensity and timing, since most of the technologies required will be absorbed, not produced, by these countries. A rapid expansion of renewables in the Chilean energy matrix, mostly thanks to exceptional solar...

Over the last decade, a high dependency on carbon-intensive fuels in the Chilean power sector has led to environmental concerns, particularly regarding rapid growth in CO2 emissions. More recently, the power sector has experienced significant structural changes with a rapid expansion of renewables in the energy matrix, and this trend is expected to...

Chile has become one of the first few countries where renewable sources compete directly with conventional generation in price-based auctions. Moreover, the results of energy auctions during the last few years show a remarkable transition from conventional fossil fuels to renewable energies. In fact, the energy auction in 2017, to provide energy to...

The South American region has experienced a steady increase in its demand for electricity and faces several challenges in the development of the electricity sector. Among them, high fluctuations in hydro generation, high and volatile prices of fossil fuels, and environmental and social impacts associated to energy activities. Strengthening cooperat...

The emergence of high penetration rates of renewable energies in power systems presents a serious challenge in energy generation and load balance maintenance to ensure power network stability and reliability. Energy Storage Systems (ESSs) could play a relevant role in facing these challenges, as the technologies have passed the demo and prototype p...

The energy demand in Chile arises mostly from mining, its largest industry that accounts for about 35% of total electricity consumption. Energy generation to satisfy this demand depends completely on imported fossil fuels. As a result, the mining industry faces several energy related challenges. In particular, the cost and environmental impact of f...

Chile is undergoing a remarkable energy matrix transition to renewable energy. Renewable energies are expanding extraordinarily quickly, exceeding earlier predictions. As a result, the country is expected to meet its 2025 goal of generating 20% of its electricity from renewable energy sources quite before. Chile has become one of the first countrie...

A number of successive energy crises over the last decade due to the lack of a balanced investment planning in the energy sector in Chile has led to a strong dependence on external sources and also doubled energy prices in the country, thus posing a significant challenge to the local economy. With the purpose of reaching long-term goals while simul...

In recent years, the development of renewable energies in the electricity market in Chile has gained significant attention as a key alternative for energy sources diversification and meeting three key policy objectives: energy availability, environmental protection, and social-economic development. This study aims to assess various renewable energy...

Over the last 20 years, economy of Chile grew faster than any other country in South America, thanks to its rigorous economic and political systems and its integration to the global economy. Nonetheless, Chile faces the continuing challenge of finding additional energy supplies to support its economic growth. The country has almost no fossil fuel r...

Chile has become increasingly dependent on energy imports and its energy demand has grown exponentially in the past decade, impacting the environment and the production costs in the economy. In fact, electricity prices have doubled and it is expected that they will soar in the next decade if Chile does not find a solution for its dependence on impo...

The improvement of solar thermal technologies in emerging economies like Chile is particularly attractive because the country is endowed with one of the most consistently high solar potentials, lithium and copper reserves. In recent years, growing interests for lithium based salts and copper foams in application of thermal technologies could change...

In the last decade, the importance of exploiting significant long-term potential of Renewable Energy Sources (RES) in Chile has increased significantly as fossil fuel prices rise and concerns regarding climate change issues grow, posing an important threat to its economy. However, to date, the advancement rate of Renewable Energy Technologies (RETs...

Over the past decade, the promotion of renewable energy projects in Chile, especially solar energy projects, has become increasingly important, as energy dependence from foreign fossil fuels has increased and concerns regarding climate change continue to grow, posing a significant challenge to the local economy. Even though recent developments towa...

In the last decade, the importance of exploiting Chile’s Renewable Energy Sources (RESs) has increased significantly, as fossil fuel prices have risen and concerns regarding climate change issues grown, posing an important threat to its economy. However, to date, the advancement of Renewable Energy Technologies (RETs) in the country has been very l...

Chile has become increasingly dependent on energy imports and its energy demand has grown exponentially in the past decade, impacting the environment and the production costs in the economy. In fact, electricity prices have doubled and it is expected that they will soar in the next decade if Chile does not find a solution for its dependence from im...

This paper addresses an economic study of the installation of photovoltaic (PV) solar panels for residential power generation in Santiago, Chile, based on the different parameters of a PV system, such as efficiency. As a performance indicator, the Levelized Cost of Energy (LCOE) was used, which indicates the benefit of the facility vs. the current...

The implementation of Directive 2001/77/EC on the promotion of electricity produced from renewable sources sets a target of 22.1% of electricity consumption in the EU in 2010, and establishes various mechanisms that member countries may adopt depending on their needs. This paper analyses these mechanisms, their implementation in Spain by means of R...

Azerbaijan is richly endowed with oil and gas resources and has recently experienced a temporary oil production boom. Azeri oil production reached 23.5 million (mln) tons in 1991 and accounted for 71.4 % percent of total oil output in the former Soviet Union. However, after the break-up of the Soviet Union, production fell significantly between 199...