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Investments in new generation, specially in renewables, grew up in several countries contributing to change the generation mix. Among these new technologies, wind power became an important source in the sense that the share in installed capacity is large in countries as Germany, Denmark, Spain and Portugal namely considering the prices paid to the generated power. These subsidizing schemes are in...
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...
To evaluate an investment project in the competitive electricity market, there are several key factors that affects the project's value: the present value that the project could bring to investor, the possible future course of actions that investor has and the project's management flexibility. The traditional net present value (NPV) criteria has the ability to capture the present value of the project's...
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