Macro Economics of Virtual Power Plant for Rural Areas of Botswana

Authors

  • Sampath Kumar Venkatachary Grant Thornton Acumen Park, Plot 50370, Fairgrounds Gaborone Botswana
  • Jagdish Prasad
  • Ravi Samikannu
  • Annamalai Alagappan
  • Leo John Baptist
  • Raymon Antony Raj

Abstract

The growth of renewable energy technologies as an alternative source of power is a great boon to the rural masses where energy is predominantly a challenge. This paper focuses on studying the microeconomic benefits of the virtual power plant as a solution to the rural masses who either have no access to energy or has limited access. The model here uses HOMER as a tool for modelling the design. The simulation results discuss the profitability of the virtual power plant as a solution not only to the virtual power plant operator but also to the rural households while ensuring a sustainable income source with the use of solar power PV as a generator.Keywords: Virtual Power Plant; Levilised cost; Annualised Cost;JEL Classifications: D0, E0, Q4DOI: https://doi.org/10.32479/ijeep.9602

Downloads

Download data is not yet available.

Downloads

Published

2020-08-10

How to Cite

Venkatachary, S. K., Prasad, J., Samikannu, R., Alagappan, A., Baptist, L. J., & Raj, R. A. (2020). Macro Economics of Virtual Power Plant for Rural Areas of Botswana. International Journal of Energy Economics and Policy, 10(5), 196–207. Retrieved from https://mail.econjournals.com/index.php/ijeep/article/view/9602

Issue

Vol. 10 No. 5 (2020)

Section

Articles

License

Submission of an article implies that the work described has not been published previously , that it is not under consideration for publication elsewhere, that its publication is approved by all authors and tacitly or explicitly by the responsible authorities where the work was carried out, and that, if accepted, will not be published elsewhere in the same form, without the written consent of the Publisher. The Editors reserve the right to edit or otherwise alter all contributions, but authors will receive proofs for approval before publication.