Techno-economic review of rooftop photovoltaic systems: Case studies of industrial, residential and off-grid rooftops in Bangalore, Karnataka
Saptak Ghosh,
Akhilesh Nair and
S.S. Krishnan
Renewable and Sustainable Energy Reviews, 2015, vol. 42, issue C, 1132-1142
Abstract:
The objective of this study is to assess the financial feasibility of setting up Rooftop Photovoltaic (RTPV) systems in Bengaluru which is in the state of Karnataka, India. The Renewable Energy Policy of the state mandates the installation of 250MW of RTPV systems by 2014, while research shows that the domestic RTPV potential in Bengaluru alone is around 560MW. To achieve this potential, the Karnataka Renewable Energy Development Limited (KREDL) and the Karnataka Electricity Regulatory Commission (KERC) formulated policy incentives in the form of net metering at rates of Rs. 9.56/kWh (without the Ministry of New and Renewable Energy (MNRE) capital subsidy) and Rs. 7.2/kWh (with MNRE capital subsidy). Techno-economic assessment of RTPV systems show that these rates lead to viable business cases for the consumers. However, due to Bangalore Electricity Supply Company׳s (BESCOM) poor finances, a cap of 75% on the capacity of any installed RTPV system based on rated load has been set for all interested parties. Unless this cap is removed, the net metering scheme can never gain momentum in Karnataka because the power generated from the RTPV system will not exceed the monthly consumption. An additional amount of Rs. 81.6 crores per annum is required to reach the 250MW target. BESCOM can tap the proposed State Clean Energy Fund (SCEF) to pay RTPV project developers. Other revenue models such as feed in tariffs (FiT) and the Renewable Energy Certificates (REC) schemes have been considered for analysis of larger RTPV systems on industrial and commercial rooftops.
Keywords: RTPV; Net metering; REC; FiT; Techno-economics; SCEF (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032114009198
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:42:y:2015:i:c:p:1132-1142
Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic
DOI: 10.1016/j.rser.2014.10.094
Access Statistics for this article
Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski
More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().