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
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