f Cost-Benefit Evaluation of the Implementation of a Photovoltaic Solar Generation System in the Archipelago of San Andrés, Providencia, and Santa Catalina
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Research Article |

Cost-Benefit Evaluation of the Implementation of a Photovoltaic Solar Generation System in the Archipelago of San Andrés, Providencia, and Santa Catalina

Author(s): Radley Huffington, Ricardo Isaza-Ruget and Javier Rosero-Garcia*

Published In : International Journal of Electrical and Electronics Research (IJEER)        Volume 12, Issue 3

Publisher : FOREX Publication

Published : 25 July 2024

e-ISSN : 2347-470X

Page(s) : 769-779

DOI: https://doi.org/10.37391/IJEER.120307

Abstract

The study highlights the importance of photovoltaic solar energy as a viable alternative for the Archipelago of San Andrés, Providencia, and Santa Catalina in response to the current 99% dependence on fossil sources, especially diesel. There is a need to diversify the energy matrix and reduce associated costs, including significant subsidies. The implementation of renewable sources is considered crucial to achieve sustainable development goals and improve energy autonomy, in addition to mitigating environmental impacts. The study proposes a detailed cost-benefit analysis of implementing a solar photovoltaic system, considering the return on investment and the savings in monthly energy payments for different user segments, classified into four clusters: strata 1 and 2, strata 6, commercial, and official. This financial evaluation is considered essential to ensure the economic viability of the project and maximize its positive impact on the region.

Keywords: photovoltaic solar energy, cost-benefit analysis, sustainable development, environmental impact assessment, Smart grids.




Radley Huffington, Universidad Nacional de Colombia; Email: rhuffington@unal.edu.co

Ricardo Isaza-Ruget, Universidad Nacional de Colombia; Email: risazar@unal.edu.co

Javier Rosero-Garcia*, Universidad Nacional de Colombia; Email: jaroserog@unal.edu.co

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Radley Huffington, Ricardo Isaza-Ruget and Javier Rosero-Garcia (2024), Cost-Benefit Evaluation of the Implementation of a Photovoltaic Solar Generation System in the Archipelago of San Andrés, Providencia, and Santa Catalina. IJEER 12(3), 769-779. DOI: 10.37391/IJEER.120307.