Economics of Distributed Photovoltaics : An Illustration from Bangladesh

Economics of Distributed Photovoltaics : An Illustration from Bangladesh

Distributed photovoltaics are a growing technology for grid electricity consumers in low- and middle-income countries due to declining costs and government support. In Bangladesh, distributed photovoltaics iare part of broader solar and consumer pr...

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Main Author: Timilsina, Govinda R.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
PHOTOVOLTAIC POWER
RENEWABLE ENERGY
SOLAR POWER
DISTRIBUTED PV
SOLAR ENERGY ECONOMICS
ELECTRICITY GRID
Online Access:http://documents.worldbank.org/curated/en/191291623782775411/Economics-of-Distributed-Photovoltaics-An-Illustration-from-Bangladesh
http://hdl.handle.net/10986/35769
id okr-10986-35769
recordtype oai_dc
spelling okr-10986-357692021-06-18T05:10:57Z Economics of Distributed Photovoltaics : An Illustration from Bangladesh Timilsina, Govinda R. PHOTOVOLTAIC POWER RENEWABLE ENERGY SOLAR POWER DISTRIBUTED PV SOLAR ENERGY ECONOMICS ELECTRICITY GRID Distributed photovoltaics are a growing technology for grid electricity consumers in low- and middle-income countries due to declining costs and government support. In Bangladesh, distributed photovoltaics iare part of broader solar and consumer programs. This study analyzes the economics of stylized grid-connected residential, commercial, and industrial distributed photovoltaics in Bangladesh, considering a year of hourly patterns of solar irradiation and electricity exchanges between the distributed photovoltaics owners and the electricity utilities. The economics vary between different stakeholders—distributed photovoltaics owners, electricity utilities, and society. From the consumers’ perspective, the study finds that the economics of distributed photovoltaics depends on the difference in electricity production costs between the distributed photovoltaics and the electricity utility, transmission and distribution loss, and feed-in arrangements. The study also reveals that a distributed photovoltaics do not necessarily cause loss to the national electricity utility if they replaces expensive oil-fired generation. From a national or societal perspective, distributed photovoltaics are beneficial even if their positive environmental effects are not taken into account. The environmental benefits further improve the economics of distributed photovoltaics. 2021-06-17T16:29:08Z 2021-06-17T16:29:08Z 2021-06 Working Paper http://documents.worldbank.org/curated/en/191291623782775411/Economics-of-Distributed-Photovoltaics-An-Illustration-from-Bangladesh http://hdl.handle.net/10986/35769 English Policy Research Working Paper;No. 9699 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper South Asia Bangladesh
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic PHOTOVOLTAIC POWER
RENEWABLE ENERGY
SOLAR POWER
DISTRIBUTED PV
SOLAR ENERGY ECONOMICS
ELECTRICITY GRID
spellingShingle PHOTOVOLTAIC POWER
RENEWABLE ENERGY
SOLAR POWER
DISTRIBUTED PV
SOLAR ENERGY ECONOMICS
ELECTRICITY GRID
Timilsina, Govinda R.
Economics of Distributed Photovoltaics : An Illustration from Bangladesh
geographic_facet South Asia
Bangladesh
relation Policy Research Working Paper;No. 9699
description Distributed photovoltaics are a growing technology for grid electricity consumers in low- and middle-income countries due to declining costs and government support. In Bangladesh, distributed photovoltaics iare part of broader solar and consumer programs. This study analyzes the economics of stylized grid-connected residential, commercial, and industrial distributed photovoltaics in Bangladesh, considering a year of hourly patterns of solar irradiation and electricity exchanges between the distributed photovoltaics owners and the electricity utilities. The economics vary between different stakeholders—distributed photovoltaics owners, electricity utilities, and society. From the consumers’ perspective, the study finds that the economics of distributed photovoltaics depends on the difference in electricity production costs between the distributed photovoltaics and the electricity utility, transmission and distribution loss, and feed-in arrangements. The study also reveals that a distributed photovoltaics do not necessarily cause loss to the national electricity utility if they replaces expensive oil-fired generation. From a national or societal perspective, distributed photovoltaics are beneficial even if their positive environmental effects are not taken into account. The environmental benefits further improve the economics of distributed photovoltaics.
format Working Paper
author Timilsina, Govinda R.
author_facet Timilsina, Govinda R.
author_sort Timilsina, Govinda R.
title Economics of Distributed Photovoltaics : An Illustration from Bangladesh
title_short Economics of Distributed Photovoltaics : An Illustration from Bangladesh
title_full Economics of Distributed Photovoltaics : An Illustration from Bangladesh
title_fullStr Economics of Distributed Photovoltaics : An Illustration from Bangladesh
title_full_unstemmed Economics of Distributed Photovoltaics : An Illustration from Bangladesh
title_sort economics of distributed photovoltaics : an illustration from bangladesh
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/191291623782775411/Economics-of-Distributed-Photovoltaics-An-Illustration-from-Bangladesh
http://hdl.handle.net/10986/35769
_version_ 1764483738507411456

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