As climate change and population growth threaten rural communities, especially in regions like Sub-Saharan Africa, rural electrification becomes crucial to addressing water and food security within the energy-water-food nexus. This study explores social innovation in microgrid projects, focusing on integrating micro-agrovoltaics (APV) with flywheel energy storage systems (FSSs) and small-scale water desalination and purification plants. Employing a mixed-methods approach to assess the economic viability of FSS and APV-powered desalination, we believe that social innovation could serve as a significant tool for rural development, requiring collaboration between governments, the private sector, and nonprofit organizations. While FSS technology for microgrids has not been entirely developed, it holds promise as an alternative energy storage solution. Our capital budgeting analysis, presented within the context of social innovation, reveals positive Net Present Values (NPV) and a short payback period over the project’s 20-year lifespan.
Read full abstract