An Economic Assessment of Micro-Scale Use of Renewable Energy Sources: Two Case Studies

2015

During recent times, renewable energy technologies have shown a relative fast growth in the global energy investment, global energy capacity and their integration within multiple sectors, particularly in the electricity sector. Renewable energy technologies have also experienced notorious declining costs on their manufacturing production. Nevertheless, while this growth is widely acknowledged, the share of renewables with respect total energy production has been moderate. Technological advancements in renewable energy have demonstrated the potential of renewables in energy generation and also that renewables can provide direct and indirect advantages over their counterparts. This thesis inv…