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http://hdl.handle.net/1942/19720
Title: | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia | Authors: | DE SCHEPPER, Ellen LIZIN, Sebastien Durlinger, Bart AZADI, Hossein VAN PASSEL, Steven |
Issue Date: | 2015 | Source: | Energies, 8 (9), p. 9892-9914 | Abstract: | The two core objectives of the Clean Development Mechanism (CDM) are cost-effective emission reduction and sustainable development. Despite the potential to contribute to both objectives, solar projects play a negligible role under the CDM. In this research, the greenhouse gas mitigation cost is used to evaluate the economic and environmental performances of small-scale rural photovoltaic solar projects. In particular, we compare the use of absolute and relative mitigation costs to evaluate the attractiveness of these projects under the CDM. We encourage the use of relative mitigation costs, implying consideration of baseline costs that render the projects profitable. Results of the mitigation cost analysis are dependent on the baseline chosen. To overcome this drawback, we complement the analysis with a multi-objective optimization approach, which allows quantifying the trade-off between economic and environmental performances of the optimal technologies without requiring a baseline. | Notes: | Author to whom correspondence should be addressed; E-Mail: steven.vanpassel@uhasselt.be; Tel.: +32-1126-8746. | Keywords: | mitigation cost; multi-objective optimization; solar lantern; solar home system; LCA; CDM | Document URI: | http://hdl.handle.net/1942/19720 | e-ISSN: | 1996-1073 | DOI: | 10.3390/en8099892 | ISI #: | 000362553000046 | Rights: | © 2015 by the authors; licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/4.0/). | Category: | A1 | Type: | Journal Contribution | Validations: | ecoom 2016 |
Appears in Collections: | Research publications |
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