Path to energy sovereignty: Clean and affordable solutions for remote communities
Feyza G. Sahinyazan1, Serasu Duran2, Jayashankar Swaminathan3
1Beedie School of Business, Simon Fraser University, BC, Canada; 2Haskayne School of Business, University of Calgary, AB, Canada; 3Kenan-Flagler Business School, University of North Carolina, NC, USA
There are more than 1.1 billion people lacking electricity residing in off-grid communities, where extending national electricity grids is infeasible. These communities turn to stand-alone diesel generators for their energy needs, which creates significant economic, operational and environmental challenges. In this study, we identify the optimal capacity investment decisions from the perspective of a remote community and investigate how common policy mechanisms interact with these decisions.