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- W2008887923 abstract "Despite the rapid decline in the cost of solar photo-voltaic (PV) systems in the past five years, even recent academic research suggests that the cost of generating PV electricity remains too high for PV to make a meaningful contribution to the generation of grid electricity in developing countries. This assessment is reflected in the views of policy-makers throughout Africa, who often consider PV as a technology suited only to remote locations and small-scale applications. This paper therefore analyzes whether, in contrast to conventional wisdom, PV is already competitive with other generation technologies. Analytically, the paper is based on a levelized cost of electricity (LCOE) model to calculate the cost of PV electricity in Kenya, which serves as a case study. Based on actual technology costs and Kenya’s solar resource, the LCOE from PV is estimated at USD 0.21/kWh for the year 2011, with scenario results ranging from USD 0.17-0.30/kWh. This suggests that the LCOE of grid-connected PV systems may already be below that of the most expensive conventional power plants, i.e. medium-speed diesel generators and gas turbines, which account for a large share of Kenya’s current power mix. This finding implies that researchers and policy-makers may be mistaken in perceiving solar PV as a costly niche technology, rather than a feasible option for the expansion of power generation in developing countries." @default.
- W2008887923 created "2016-06-24" @default.
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- W2008887923 date "2013-01-01" @default.
- W2008887923 modified "2023-09-27" @default.
- W2008887923 title "Are We There Yet? Improving Solar PV Economics and Power Planning in Developing Countries: The Case of Kenya" @default.
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- W2008887923 doi "https://doi.org/10.2139/ssrn.2321127" @default.
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