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 />
247<br />
An Exploratory Research Study on <br />
the Economics of Deploying Integrated Local <br />
Alternative Energy Solutions as a Sufficiency Economy <br />
Concept of Sustainable Development at Community <br />
Grassroots Level<br />
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Abstract <br />
The case study analyses various alternative and clean energy solutions that can<br />
be deployed to meet the local power demand. This is based on the application of one<br />
of the principles of establishing “Sufficiency Economy” – the deployment of<br />
“Appropriate Technology” as popularized by E. F. Schumacher. Depending on local<br />
conditions, climate and available natural resources, deployment of various<br />
combinations of alternative energy solutions can be commissioned. This local power<br />
generation through hybrid systems and chargeable back-up options would be more<br />
reliable as compared to dependency on any individual solution, and in the long term,<br />
also reduce the dependency of fossil fuels, which are largely imported. Moreover,<br />
the non-polluting nature of the alternative energy options discussed also promotes<br />
sustainable development at the community level, with increase of employment,<br />
community participation and human resource development, elimination of toxic and<br />
greenhouse emissions, preservation of forest cover, along with becoming<br />
economically sufficient and self-reliant. <br />
Keywords: sufficiency, local alternative energy solutions, break-even, social impact<br />
assessment, sustainability, sustainable development
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