TECHNICAL AND ECONOMIC EVALUATION OF THE LONG-TERM ENERGY COMPETITIVENESS BILL

Abstract

Electricity consumption increases year after year, particularly due to population growth, as well as the growth of the industrial park. The first relevant aspect to be considered is that a greater production of electric energy is associated with an increase in CO2 emissions, which leads to global warming and climate change, especially when this energy source is produced by conventional means. This is why, in addition to the generation of clean energy, legal instruments such as the Long-Term Energy Competitiveness Bill must be promoted, whose Technical and Economic Evaluation was evaluated in this research. The methodology combined qualitative and quantitative approaches: a bibliographic review was carried out to study the historical evolution of subsidies, and tools such as SWOT were used to evaluate the current situation. The study design was documentary and descriptive with a quasi-experimental component, using data from secondary sources organized and analyzed with Microsoft Excel to present results through graphs and tables. The results show that in the long term the law will maintain the growth observed in the electricity sector, supported also by the use of sustainable energy sources at low costs. Therefore, from a prospective point of view, it is expected that the law will attract both national and foreign investments, which will boost the growth of the sector and improve energy efficiency based on the implementation of clean technologies.

Keywords: electricity, energy, competitiveness, development, sustainability.