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Macro Economics of Virtual Power Plant for Rural Areas of Botswana

Author

Listed:
  • 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.)

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.

Suggested Citation

  • Sampath Kumar Venkatachary & Jagdish Prasad & Ravi Samikannu & Annamalai Alagappan & Leo John Baptist & Raymon Antony Raj, 2020. "Macro Economics of Virtual Power Plant for Rural Areas of Botswana," International Journal of Energy Economics and Policy, Econjournals, vol. 10(5), pages 196-207.
    • Handle: RePEc:eco:journ2:2020-05-23
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    References listed on IDEAS

    as
    1. Zamani, Ali Ghahgharaee & Zakariazadeh, Alireza & Jadid, Shahram, 2016. "Day-ahead resource scheduling of a renewable energy based virtual power plant," Applied Energy, Elsevier, vol. 169(C), pages 324-340.
    2. Sampath Kumar Venkatachary & Jagdish Prasad & Ravi Samikannu, 2017. "Cost Optimization of Micro grids Using Homer: A Case Study in Botswana," International Journal of Energy Economics and Policy, Econjournals, vol. 7(5), pages 323-339.
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    More about this item

    Keywords

    Virtual Power Plant; Levilised cost; Annualised Cost;
    All these keywords.

    JEL classification:

    • D0 - Microeconomics - - General
    • E0 - Macroeconomics and Monetary Economics - - General
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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