@article{Venkatachary_Prasad_Samikannu_Alagappan_Baptist_Raj_2020, title={Macro Economics of Virtual Power Plant for Rural Areas of Botswana}, volume={10}, url={https://www.econjournals.com/index.php/ijeep/article/view/9602}, abstractNote={<p>The growth of renewable energy technologies as an alternative source of power is a great boon to the rural masses where energy is predominantly a challenge. This paper focuses on studying the microeconomic benefits of the virtual power plant as a solution to the rural masses who either have no access to energy or has limited access. The model here uses HOMER as a tool for modelling the design. The simulation results discuss the profitability of the virtual power plant as a solution not only to the virtual power plant operator but also to the rural households while ensuring a sustainable income source with the use of solar power PV as a generator.</p><h1><strong>Keywords:</strong> Virtual Power Plant; Levilised cost; Annualised Cost;</h1><h1><strong><br /></strong></h1><h1><strong>JEL Classifications:</strong> D0, E0, Q4</h1><p>DOI: <a href="https://doi.org/10.32479/ijeep.9602">https://doi.org/10.32479/ijeep.9602</a></p>}, number={5}, journal={International Journal of Energy Economics and Policy}, author={Venkatachary, Sampath Kumar and Prasad, Jagdish and Samikannu, Ravi and Alagappan, Annamalai and Baptist, Leo John and Raj, Raymon Antony}, year={2020}, month={Aug.}, pages={196–207} }