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Please use this identifier to cite or link to this item: 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
Citation: 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.
URI: http://hdl.handle.net/1942/19720
DOI: 10.3390/en8099892
ISI #: 000362553000046
ISSN: 1996-1073
Category: A1
Type: Journal Contribution
Validation: ecoom, 2016
Appears in Collections: Research publications

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