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Utilization of renewable energy resources is gaining momentum in several countries. Establishment of distributed renewable energy plants would cover the regional needs of the country besides sharing the power distribution with other parts of the country. For implementing this establishment, the country is proposed to be divided into several power regions named as cells or nodes and one or more renewable energy plants could be installed in each node. The power network connects all these power plants and maintains the distribution of power for the whole country. Pumping of external power might be needed to nodes facing deficiency in power. If power nodes generate excess power than meeting their demands then the additional power generated could be transported to the other nodes in the network. A financial analysis is made for a sample node and its resource units as to assess their financial involvement in initial investment and maintenance and the profits realizable in long run. This would present the information about the success of the establishment of distributed renewable energy plants in the power network.
Date of Conference: 6-7 June 2012