Rosso Ceron A., Kafarov V., 2015, Analysis on the Economic Feasibility of Power Generation from Renewable Energy Systems in Non-Interconnected Zones of Colombia, Study of Cases, Chemical Engineering Transactions, 43, 1447-1452.
The aim of this study is to give potential solutions to supply the electricity deficit in three Colombian towns (Riosucio, Puerto Concordia, and Valle del Guamuez) with the highest residential energy demand in Non Interconnected Zones (ZNI, by its initials in Spanish). This was done by analysing the economic feasibility of technologies for generating electricity from solar, wind and hydro energy sources using the HOMER simulator. It was assessed by different scenarios in order to analyse how energetic demand and government subsidies can contribute to properly integrate the variability of renewable energy sources (RES) from an economic point of view. The results show for each scenario, the minimum investment recovery time between 6 and 7 years. Viable technologies in unsubsidized scenarios are the wind power with a small wind turbine and small hydro. This change in the subsidized energy scenarios, in which only become viable the photovoltaic (PV).
