Pricing of electricity from renewable energy sources in Sri Lanka

Abstract

This paper examines the area of purchase pricing of electricity generation from renewable energy sources with emphasis on micro/mini-hydro and wind turbine plants. It also presents an overview of different types of new and renewable energy sources available in Sri Lanka along with their associated costs. The prospects and quantum of future development of these resources are investigated considering both existing and a restructured electricity industry in Sri Lanka. The applicability of established pricing techniques with appropriate modifications for power purchase from different renewable sources is also discussed with case studies involving a typical wind turbine plant and a microhydro plant in Sri Lanka.