Application of Strengths, Weakness, Opportunities, and Threats Analysis in Smart Grid - Virtual Power Plant for Sustainable Development in India and Botswana

Authors

  • Sampath Kumar Venkatachary Botho University PO Box 501564, Botho Education Park Kgale KO, Gaborone Botswana
  • Jagdish Prasad
  • Ravi Samikannu

Abstract

A holistic view of energy stakeholders in a strengths, weakness, opportunities, and threats (SWOT) perspective for India and Botswana is presented here. SWOT analysis is based on the themes of market resources, energy technology and invention, and energy efficiency and climate. With this analytical frame work, the article discusses the strengths and opportunities while compensating weakness and mitigating threats. The action portfolio is directed towards enabling sustainable development, alleviating poverty and stresses the importance of comprehensive energy strategy towards building a strong economic profile while minimizing carbon foot print including energy efficient systems for the virtual power plant/smart grid/distributed energy resources.Keywords: Strengths, Weakness, Opportunities and Threats, South African Power Pool, Sustainable Energy Development, Ethical Data ExchangeJEL Classifications: Q01, Q56

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Author Biography

Sampath Kumar Venkatachary, Botho University PO Box 501564, Botho Education Park Kgale KO, Gaborone Botswana

Sampath Kumar is a Research Scholar at Amity Business School, Amity University, Jaipur Rajasthan. He has received his Diploma in Electrical Engineering from Board of Technical Education, Karnataka, Bachelor's degree in Information Technology from SHAITS and Master's in Business Administration from Amity University Noida. He has over 25+ years of experience in the field of engineering and technology. He is currently doing his research on Virtual Power Plant / Distributed Generation and is interested in AI, Cyber security impacts, cyber warfare, cyber terrorism.

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Published

2017-09-30

How to Cite

Venkatachary, S. K., Prasad, J., & Samikannu, R. (2017). Application of Strengths, Weakness, Opportunities, and Threats Analysis in Smart Grid - Virtual Power Plant for Sustainable Development in India and Botswana. International Journal of Energy Economics and Policy, 7(4), 126–137. Retrieved from https://www.econjournals.com/index.php/ijeep/article/view/5143

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Articles