SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt
SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt
SUFFiciENcy EcONOMy ANd GRASSROOtS DEvElOPMENt
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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.