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A methodology for the technical and financial implementation of photovoltaic technology in Chocó, Colombia

Author

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  • Hector David Agudelo Arias
  • Andrés Julián Aristizábal Cardona

Abstract

This work shows a methodology for the implementation of photovoltaic (PV) technology in the Pacific region of Chocó, Colombia with a visual strategy. The results indicate that the energy that the photovoltaic generator must produce to supply 100% of the energy demand of a residential user stratum 1, must be 1,500 kWh/month; which represents an associated accumulated cost of USD 152 taking into account the application of the benefits of the Colombian Law 1715 (2014). The cost of the photovoltaic system under these conditions is USD 3,260/user. The average cost of energy for an initial grant of 70% and at a purchase price of the generated photovoltaic kWh equal to the kWh price of the grid (Fp = 1), is USD 0.075/kWh. We present also a schematic proposal of financing for interconnected photovoltaic systems using RETScreen™, taking into account sources of government funding.

Suggested Citation

  • Hector David Agudelo Arias & Andrés Julián Aristizábal Cardona, 2018. "A methodology for the technical and financial implementation of photovoltaic technology in Chocó, Colombia," International Journal of Energy Technology and Policy, Inderscience Enterprises Ltd, vol. 14(2/3), pages 153-169.
    • Handle: RePEc:ids:ijetpo:v:14:y:2018:i:2/3:p:153-169
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