An economic analysis of Solar PV Micro-Utility in rural areas of Bangladesh

Author

Ahammed, Faisal ; Azeem, Abdullahil

Author_Institution

Sch. of Bus. Studies, Southeast Univ., Dhaka, Bangladesh

fYear

2009

fDate

17-19 Dec. 2009

Firstpage

1

Lastpage

4

Abstract

Solar PV Micro-Utility is the concept of Solar PV extension where power rather than the solar electric systems are offered to the rural poor. In this system, one will never be the owner of the system, but one can use the Solar PV system by paying a daily tariff. Several rural markets have already been electrified through Solar PV under the concept of PV Micro-Utility by Centre for Mass Education in Science (CMES), a national NGO in Bangladesh. This paper deals with economic analysis (Net present value, Benefit cost ratio, Internal rate of return, Discounted pay back period) of Solar PV Micro-utility of Manikgang Bazaar which is located approximately 400 Km north to Dhaka, the capital of Bangladesh.

Keywords

power markets; power system economics; solar cells; Bangladesh; Centre for Mass Education in Science; Dhaka; Manikgang Bazaar; benefit cost ratio; discounted pay back period; economic analysis; internal rate of return; national NGO; net present value; rural areas; rural markets; solar PV extension; solar PV microutility; solar electric systems; tariff; Business communication; Costs; Environmental economics; Investments; Lamps; Power generation; Power generation economics; Power system economics; Renewable energy resources; Solar power generation; BCR; IRR; Micro-Utility; NPV; Solar PV;

fLanguage

English

Publisher

ieee

Conference_Titel

Developments in Renewable Energy Technology ( ICDRET), 2009 1st International Conference on the

Conference_Location

Dhaka

Print_ISBN

978-1-4244-6012-0

Type

conf

DOI

10.1109/ICDRET.2009.5454242

Filename

5454242