Author/Authors :
KARIMOV, KH. S. GIK Institute of Engineering Sciences and Technology, Pakistan , KARIMOV, KH. S. Academy of Sciences - Physical Technical Institute, Tajikistan , ABID, M. GIK Institute of Engineering Sciences and Technology, Pakistan , AL-GRAFI, M.W. Taibah University - Department of Mechanical Engineering, Saudi Arabia , ISLOMOV, S.I. Academy of Sciences of Tajikistan - Institute of Economics, Tajikistan , KARIMOVA, N.H. Academy of Sciences of Tajikistan - Institute of Economics, Tajikistan
Abstract :
This paper appraises the Economics of renewable energy and the hydropower systems on the basis of two countries namely Tajikistan and Pakistan. The economics of a micro-hydropower plant installed in the village named Pashmi-Kuhna of Tajikistan and of a battery-based micro-hydropower plant on catamaran for free water flow operation designed, fabricated and tested in GIK Institute of Pakistan are discussed in this paper. For the economic evaluation of these power plants, the life-cycle costing approach is used. Finally, the costs of the produced energy by the micro-hydropower plants are calculated.
Keywords :
Micro , Hydro , Power Plants , Economics , Life , Cycle Costing , Annualized Life , Cycle Cost.