Renewable Energy in Hybrid Mini-Grids and Isolated Grids: Economic Benefits and Business Cases

The aim of this study is to compare average generation costs of a renewable hybrid to a diesel only power plant – not to compare different hybrid technologies or renewable power sources to each other. With PV electricity - despite rapidly falling technology costs - still representing a comparatively expensive source compared to some other renewables, this assessment provides a conservative view of the potential cost savings through hybridisation. While PV is an obvious technology (and offers the benefit of reliable resource data), site assessments may point to other renewable energy sources that would permit cheaper hybridisation. The study is structured as follows: 1) Introduction; 2) Selected sites; 3) Hybridisation: potential and benefits; 4) Economic viability assessment; 5) Financial viability assessment; and 6) Conclusion.

Saved in:
Bibliographic Details
Main Authors: United Nations Environment Programme, Frankfurt School-UNEP Collaborating Centre
Other Authors: Economy Division
Format: Reports and Books biblioteca
Language:English
Published: 2015
Subjects:RENEWABLE ENERGY SOURCES, ECONOMIC ASPECTS, FINANCE, COLOMBIA, DOMINICAN REPUBLIC, ST. VINCENT & THE GRENADINES, INDONESIA, PHILIPPINES, KENYA, SOLAR RADIATION, INVESTMENTS,
Online Access:https://wedocs.unep.org/20.500.11822/33109
Tags: Add Tag
No Tags, Be the first to tag this record!