Macro Economics of Virtual Power Plant for Rural Areas of Botswana

Sampath Kumar Venkatachary, Jagdish Prasad, Ravi Samikannu, Annamalai Alagappan, Leo John Baptist and Raymon Antony Raj
Additional contact information
Sampath Kumar Venkatachary: Grant Thornton, Acumen Park, Fair Grounds, Plot 50370, Gaborone, Botswana,
Jagdish Prasad: Coordinator, Amity School of Applied Sciences, Amity University Rajasthan, Jaipur, Rajasthan, India,
Ravi Samikannu: Department of Electrical, Computers and Telecommunication Engineering, Botswana International University of Science and Technology, Palaype, Botswana, Botswana,
Annamalai Alagappan: Research Scholar, Amity Institute of Technology, Amity University Rajasthan, Jaipur, Rajasthan, India, (Currently Affiliated to Botho University, Gaborone, Botswana, PO Box 501564, Botho University, Kgale KO, Near Game City, Gaborone, Botswana)
Leo John Baptist: Research Scholar, Amity Institute of Technology, Amity University Rajasthan, Jaipur, Rajasthan, India, (Currently Affiliated to Botho University, Gaborone, Botswana, PO Box 501564, Botho University, Kgale KO, Near Game City, Gaborone, Botswana)
Raymon Antony Raj: Research Scholar, Department of Electrical, Computers and Telecommunications Engineering, Botswana International University of Science and Technology, Palaype, Botswana.

International Journal of Energy Economics and Policy, 2020, vol. 10, issue 5, 196-207

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 (search for similar items in EconPapers)
JEL-codes: D0 E0 Q4 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2020-05-23

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