17.11.2014 Views

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

The Meaning of Sufficiency Economy <br />

International Conference<br />

267<br />

Case IV: All the Energy Demand is met by the Proposed Bundled Local Alternative Energy<br />

Case IV: All the Energy Demand is met by the Proposed Bundled Local<br />

Solution Hybrid Power Plant Installation<br />

Alternative Energy Solution Hybrid Power Plant Installation<br />

Payback: 8.5 years<br />

Payback: 8.5 years<br />

Figure IX: Payback Analysis of Case - IV<br />

Figure IX: Payback Analysis of Case - IV<br />

The Payback Period is 8.5 years through proposed tariff as opposed to around<br />

9.5 years through simple additive of individual tariffs as shown in Figure X. The<br />

Simple Additive Combination represents individual power plants of having the same<br />

capacities as that in bundled solution. The electricity is sold at a fixed rate of Rs. 9/<br />

kWh (Proposed Tariff) in the Bundled Hybrid, but in the Simple Additive<br />

Combination, the electricity is sold at the price of the individual tariffs – as if the<br />

electricity from Solar PV, Wind and Biomass has been produced and sold<br />

independently of each other, whereas the same amount of electricity produced and<br />

sold in an integrated power plant bundling these technologies together.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!