Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia
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 us...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2015-09-01
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| Series: | Energies |
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| Online Access: | http://www.mdpi.com/1996-1073/8/9/9892 |
| _version_ | 1811184895110676480 |
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| author | Ellen De Schepper Sebastien Lizin Bart Durlinger Hossein Azadi Steven Van Passel |
| author_facet | Ellen De Schepper Sebastien Lizin Bart Durlinger Hossein Azadi Steven Van Passel |
| author_sort | Ellen De Schepper |
| collection | DOAJ |
| description | 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. |
| first_indexed | 2024-04-11T13:20:02Z |
| format | Article |
| id | doaj.art-3c5c77af4211400281b57298eafea0e4 |
| institution | Directory Open Access Journal |
| issn | 1996-1073 |
| language | English |
| last_indexed | 2024-04-11T13:20:02Z |
| publishDate | 2015-09-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Energies |
| spelling | doaj.art-3c5c77af4211400281b57298eafea0e42022-12-22T04:22:14ZengMDPI AGEnergies1996-10732015-09-01899892991410.3390/en8099892en8099892Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of CambodiaEllen De Schepper0Sebastien Lizin1Bart Durlinger2Hossein Azadi3Steven Van Passel4Centre for Environmental Sciences, Hasselt University, Martelarenlaan 42, 3500 Hasselt, BelgiumCentre for Environmental Sciences, Hasselt University, Martelarenlaan 42, 3500 Hasselt, BelgiumBlonk Consultants, Gravin Beatrixstraat 34, 2805 PJ Gouda, The NetherlandsCentre for Environmental Sciences, Hasselt University, Martelarenlaan 42, 3500 Hasselt, BelgiumCentre for Environmental Sciences, Hasselt University, Martelarenlaan 42, 3500 Hasselt, BelgiumThe 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.http://www.mdpi.com/1996-1073/8/9/9892mitigation costmulti-objective optimizationsolar lanternsolar home systemLCACDM |
| spellingShingle | Ellen De Schepper Sebastien Lizin Bart Durlinger Hossein Azadi Steven Van Passel Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia Energies mitigation cost multi-objective optimization solar lantern solar home system LCA CDM |
| title | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia |
| title_full | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia |
| title_fullStr | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia |
| title_full_unstemmed | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia |
| title_short | Economic and Environmental Performances of Small-Scale Rural PV Solar Projects under the Clean Development Mechanism: The Case of Cambodia |
| title_sort | economic and environmental performances of small scale rural pv solar projects under the clean development mechanism the case of cambodia |
| topic | mitigation cost multi-objective optimization solar lantern solar home system LCA CDM |
| url | http://www.mdpi.com/1996-1073/8/9/9892 |
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