Replacement of Conventional Energy Source with Solar Powered Electrification Systems: An Empirical Study in Educational Institutions

Journal Title: Scholars Journal of Economics, Business and Management - Year 2017, Vol 4, Issue 3

Abstract

Abstract:This study in conducted in selected educational institutions in the state of Assam, considering the large amount of energy consumption in public establishments exceeding 20KW. With an addition of few high capacity of solar installation to an extent of even 5 MW, the load on the state supplied electricity will have a big relaxation. Replacement of conventional energy source by solar will also have the bigger social impact, with such pilot projects increasing the visibility of solar installations and knowledge of the importance of renewable energy among masses. A systematic cost benefit analysis with data from selected 12 institutions in Kamrup district of Assam is carried out to show the economic feasibility of such a project in replacing the existing source of state supplied electricity with a payback period of 5 years. Also a study to understand the challenges faced on ground are studied to come up with practical implementation strategies. The recommendations would be submitted to Assam Energy Development Authority to handle the problem of power deficit and action points to be adopted. A renewable source of energy like solar installation also ensures reduction in emission of pollutants and a sustainable source of power adding to infrastructure development. Keywords:Solar energy; Meeting power demand by solar; Sustainable Energy Project

Authors and Affiliations

Hrishikesh Sharma, Dr. Arobindo Debnath

Keywords

Related Articles

Willingness to Pay for Fertilizers at Unsubsidized Price in Togo

Over the period 2005-2014, the amount of fertilizers’ subsidy to farmers grew sharply in Togo. Nevertheless, the government aims at removing this subsidy in the coming years.This work determines the farmers’ willingness...

Re-Thinking Globalisation and Balance of Payment: The Case of Nigeria.

Abstract: The dangers and risks of globalisation cannot be ruled out completely. Nevertheless, the benefits associated with it cannot be overemphasized especially for countries with diverse exportable products. Since 198...

Patient Expectation and Perception Regarding the New Scheme in a Tertiary Care Teaching Hospital

Abstract:To contribute to India’s target towards the achievement of fourth and fifth Millennium Development Goals (MDG) namely Reduce Child Mortality and Improve Maternal Health respectively, a new scheme called “Narayan...

A Literature Review on Compensation Management Practices

One of the important questions to every employee is “does money matter to them”? The answer is definitely “yes”. Money definitely provides a means for having a more affluent lifestyle. How much we earn often determines h...

Different Literary Modes and Corresponding Representations of Women in Europe and China

:It is a classic problem about the women’s status. Many people, especially people in China, where people prefer boys to girls with long tradition, would have different stereotypes toward the status of women in ancient we...

Download PDF file
  • EP ID EP383431
  • DOI -
  • Views 99
  • Downloads 0

How To Cite

Hrishikesh Sharma, Dr. Arobindo Debnath (2017). Replacement of Conventional Energy Source with Solar Powered Electrification Systems: An Empirical Study in Educational Institutions. Scholars Journal of Economics, Business and Management, 4(3), 140-150. https://www.europub.co.uk/articles/-A-383431