Financial Viability of Solar Energy for Household in Dhaha City
Table of Contents
1.1 Introduction 2
1.2 Objective of the Study 4
1.3 Findings 5
1.4 Recommendations 6
2.1 Scope of the work 8
2.2 Study Findings 8
2.2.1 Government’s Power Distribution Plan 8
2.2.2 Initial costing and Process to get traditional electricity connection – 2 KW 9
2.2.3 Schedule of Electricity Pricing and monthly cost for 2 KW load in residential 10
2.2.4 Government’s Renewable Energy Policy 10
3.1 Renewable Energy Potential in Bangladesh 11
3.2. Achievement in Renewable Energy Development in Bangladesh 11
3.3 Recent Initiatives in Renewable Energy 12
3.4 500MW Solar Power Program 12
3.5 Possible Strategy for Reducing Urban Power Crisis of Bangladesh 13
3.6 How Solar Home System works 14
3.7 Initial costing and system components of 240 Wp Solar Power System@ 4hrs back up. 15
3.8 Cost benefit analysis of Solar Home System as a replacement of alternative energy usage during loadshedding 16
3.9 Discounted Cash flow analysis of a typical SHS in Bangladesh 17
3.10 Findings 17
3.11 Conclusion 18
3.12 References 19
3.13 Appendix 1 - Questionnaire for service provider 20
3.14 Appendix 2 - Questionnaire for household 22
1.1 Introduction
Energy is a basic need of human society and has rightly been termed by many as the “life-blood” which keeps human civilization progressing. Without adequate access to modern energy, poor countries can be trapped in a vicious circle of poverty, social instability and underdevelopment (World Energy Council 1999). One such energy starved country is Bangladesh. In 2003, Bangladesh’s energy consumption per capita was only 157 kilograms of oil equivalent (Kgoe) which is one-tenth of the world’s energy consumption per capita (Hussain et al. 2007). Bangladesh’s endowment of conventional energy resources is neither adequate nor varied, as a result of which it suffers from an acute energy crisis and crippling power shortages. However, Bangladesh is endowed with relatively abundant renewable energy
1.1 Introduction 2
1.2 Objective of the Study 4
1.3 Findings 5
1.4 Recommendations 6
2.1 Scope of the work 8
2.2 Study Findings 8
2.2.1 Government’s Power Distribution Plan 8
2.2.2 Initial costing and Process to get traditional electricity connection – 2 KW 9
2.2.3 Schedule of Electricity Pricing and monthly cost for 2 KW load in residential 10
2.2.4 Government’s Renewable Energy Policy 10
3.1 Renewable Energy Potential in Bangladesh 11
3.2. Achievement in Renewable Energy Development in Bangladesh 11
3.3 Recent Initiatives in Renewable Energy 12
3.4 500MW Solar Power Program 12
3.5 Possible Strategy for Reducing Urban Power Crisis of Bangladesh 13
3.6 How Solar Home System works 14
3.7 Initial costing and system components of 240 Wp Solar Power System@ 4hrs back up. 15
3.8 Cost benefit analysis of Solar Home System as a replacement of alternative energy usage during loadshedding 16
3.9 Discounted Cash flow analysis of a typical SHS in Bangladesh 17
3.10 Findings 17
3.11 Conclusion 18
3.12 References 19
3.13 Appendix 1 - Questionnaire for service provider 20
3.14 Appendix 2 - Questionnaire for household 22
1.1 Introduction
Energy is a basic need of human society and has rightly been termed by many as the “life-blood” which keeps human civilization progressing. Without adequate access to modern energy, poor countries can be trapped in a vicious circle of poverty, social instability and underdevelopment (World Energy Council 1999). One such energy starved country is Bangladesh. In 2003, Bangladesh’s energy consumption per capita was only 157 kilograms of oil equivalent (Kgoe) which is one-tenth of the world’s energy consumption per capita (Hussain et al. 2007). Bangladesh’s endowment of conventional energy resources is neither adequate nor varied, as a result of which it suffers from an acute energy crisis and crippling power shortages. However, Bangladesh is endowed with relatively abundant renewable energy
References: 1. Islam, Maisha, The Socio-economic Viability of Renewable Energy Technologies in Rural Bangladesh, Mount Holyoke College, South Hadley, Massachusetts, 2010 2