Economical assessment of private sector for power generation in Egypt

Abstract

Developing a renewable energy source as a private generation system (PGS) is discussed. A proposed approach is presented for this issue which includes an economical model for deducing the rate of return on the capital invested under different utilization modes. These modes are a stand-alone system, a distribution-PGS connection, and a PGS central power station. The model was applied numerically to develop the rate of return on the capital invested for owning photovoltaic and wind energy systems in Egypt, and the results are presented.< <ETX xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink">&gt;</ETX>