Micro Renewable Energy Systems: Synergizing Technology, Economics and Policy
Komerath, Narayanan M.
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This paper studies the technological, economic and public policy issues and opportunities in developing a renewable energy economy based on 1KW to 3KW devices suitable for retail marketing. The research question is whether such systems can be popularized in the retail marketplace to the extent that families and non-governmental organizations will adopt them on a scale that substantially augments global renewable power generation. If micro renewable energy devices become popular enough for people to buy, the effect on energy independence can be dramatic. Developing efficient, cost-effective renewable power generators at the level appropriate for a single family, is a challenge at the leading edge of technology. Economic viability and policy opportunities are discussed.