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 />
251<br />
Figure II: Proposed Solution for meeting Local Community Electricity Demand<br />
through Locally Available Renewable Energy Resources as a Sustainable<br />
Sufficiency Economy Development Alternative to Centralized Power Plants <br />
Solar<br />
Integrated<br />
Local<br />
Power<br />
Generation<br />
Bio-mass<br />
Wind<br />
Bio-diesel<br />
Generator<br />
Backup<br />
Figure II: Proposed Solution for meeting Local Community Electricity Demand through Locally<br />
Available To Renewable evaluate Energy the effectiveness Resources as a of Sustainable the concept Sufficiency of combining Economy technologies Development Alternative based<br />
on the local availability of renewable to Centralized energy Power resources, Plants we have carried out payback<br />
analysis of individual technologies if deployed alone to meet the local demand as<br />
To compared evaluate the to effectiveness payback of of the the optimal concept of proposed combining combination technologies based of the on hybrid the local alternative availability of<br />
renewable sustainable energy development resources, we have solution. carried out Power payback plants analysis are of most individual frequently technologies compared if deployed<br />
alone (Owen to meet 2004) the local on the demand basis as of compared their capital to payback cost of of the the plant, optimal its proposed annual operating combination and of the<br />
hybrid maintenance alternative sustainable costs and development fuel prices to solution. the annual Power production plants are most of frequently electricity compared to yield (Owen a<br />
2004) on the basis of their capital cost of the plant, its annual operating and maintenance costs and fuel<br />
value in Rupees per kWh as well as their revenues.<br />
prices to the annual production of electricity to yield a value in Rupees per kWh as well as their revenues.<br />
CERC Regulations and TERI Reports’ data was used to determine the average<br />
CERC Regulations and TERI Reports’ data was used to determine the average cost of electricity to<br />
residential cost of village electricity customers to residential for each utility village in FY customers 2009-2010. for We each scaled utility each utility in FY values 2009-2010. from 2010 to<br />
the We required scaled financial each utility year using values the state from average 2010 to percentage the required increase financial value year for the using required the state financial<br />
year average derived percentage from the CERC increase (2009). in This value data for has the been required utilized financial calculation year of revenue derived stream from of the these<br />
technologies CERC (2009). under suitable This data assumptions. has been utilized in calculation of revenue stream of these<br />
technologies under suitable assumptions.