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  1. Article ; Online: COVID-19 -An Insight into Various Impacts on Health, Society and Economy

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu / Leo John Baptist / Annamalai Alagappan / Rohini Ravi

    International Journal of Economics and Financial Issues, Vol 10, Iss

    2020  Volume 4

    Abstract: The declaration of COVID 19 as pandemic has impacted the society at large. In what started with 17 cases in Wuhan spread its tentacles and has now over 4 million cases across the globe. In this rapidly changing environment, it is extremely difficult to ... ...

    Abstract The declaration of COVID 19 as pandemic has impacted the society at large. In what started with 17 cases in Wuhan spread its tentacles and has now over 4 million cases across the globe. In this rapidly changing environment, it is extremely difficult to quantify the impacts that the virus has on many aspects of society. The paper highlights the various challenges and the impact on society, economy and general health. These are only initial levels impacts, and it goes on with greater implications on growth depends on many factors, including the social distancing norms and shutdown rules laid by countries. Nonetheless, it is clear that the virus is here to stay and is likely to impact growth, health and society substantially. Keywords: Covid-19, Health, Economy, Society JEL Classifications: E, I1 DOI: https://doi.org/10.32479/ijefi.9925
    Keywords Business ; HF5001-6182 ; Economics as a science ; HB71-74
    Language English
    Publishing date 2020-07-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

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  2. Article ; Online: Challenges, Opportunities and Profitability in Virtual Power Plant Business Models in Sub Saharan Africa - Botswana

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    2017  Volume 4

    Abstract: The growing awareness among the various communities on dramatic climate change in the recent years and impact of fossil fuels as a source of energy which is depleting fast, has got researcher thinking on alternate sources of energy with an aim for ... ...

    Abstract The growing awareness among the various communities on dramatic climate change in the recent years and impact of fossil fuels as a source of energy which is depleting fast, has got researcher thinking on alternate sources of energy with an aim for sustainable living for the livelihood of many countries. In this context, VPP turns out to be a promising solution as a sustainable future with renewables feeding the plant. VPP is congregation of distributed resources pooled together. Not only is this system efficient with updated digital technologies in the form of Smart solutions, but also capable of providing immense benefits to consumers/prosumers. Immense benefits in the form of sustainable renewable power as a source of income makes VPP attractive to consumers, who turn as prosumers and arguably become one of the most value creators in the energy market. The plethora of R and D in VPP grid adds value to energy business while maintaining and bringing down the ill effects of CO2 emissions. This paper focuses on various aspects and business models, value propositions and the challenges in context to Sub Saharan African region - Botswana. Keywords: Virtual Power Plant, Demand Response, Demand Side Management, Time of Use, Critical Peak Pricing JEL Classifications: A12, M29
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-09-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  3. Article ; Online: COVID-19 -An Insight into Various Impacts on Health, Society and Economy

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu / Leo John Baptist / Annamalai Alagappan / Rohini Ravi

    International Journal of Economics and Financial Issues, Vol 10, Iss

    2020  Volume 4

    Abstract: The declaration of COVID 19 as pandemic has impacted the society at large. In what started with 17 cases in Wuhan spread its tentacles and has now over 4 million cases across the globe. In this rapidly changing environment, it is extremely difficult to ... ...

    Abstract The declaration of COVID 19 as pandemic has impacted the society at large. In what started with 17 cases in Wuhan spread its tentacles and has now over 4 million cases across the globe. In this rapidly changing environment, it is extremely difficult to quantify the impacts that the virus has on many aspects of society. The paper highlights the various challenges and the impact on society, economy and general health. These are only initial levels impacts, and it goes on with greater implications on growth depends on many factors, including the social distancing norms and shutdown rules laid by countries. Nonetheless, it is clear that the virus is here to stay and is likely to impact growth, health and society substantially. Keywords: Covid-19, Health, Economy, Society JEL Classifications: E, I1 DOI: https://doi.org/10.32479/ijefi.9925
    Keywords Business ; HF5001-6182 ; Economics as a science ; HB71-74
    Language English
    Publishing date 2020-07-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  4. Article ; Online: Economic Impacts of Cyber Security in Energy Sector

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    A Review

    2017  Volume 5

    Abstract: The new age “digital age” is bringing rapid change in the form of connections, integration, supply chain management, models and much more. As a result, security is a big business, securing critical data, operations, the customer profile is beyond the ... ...

    Abstract The new age “digital age” is bringing rapid change in the form of connections, integration, supply chain management, models and much more. As a result, security is a big business, securing critical data, operations, the customer profile is beyond the four wall of physical security. It is therefore essential to re-look on the definition of security and increase resilience on technology. The electric power system comprises of both IT infrastructures and electrical systems which include cyber systems, people, physical systems, money. Threats can be physical, internal or external threats and cyber threats can emerge from anywhere. Tackling cybercrimes and cyber-attacks on the energy sector poses major challenges on its own. These threats cannot be eliminated but only mitigated. The threat mitigation costs money, efforts, downtime, economic and psychological impacts on the industry that could result in damage to company's performance and the national economies. The paper aims to highlight various security attacks on the energy infrastructure and its economic impacts. While discussing the economics, the paper presents mechanism, and emphasizes the need for global security coordination to mitigate threats. Keywords: Systemic Cyber Event, Syntactic Attack, Digital Age JEL Classification: A19
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 303
    Language English
    Publishing date 2017-11-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  5. Article ; Online: Cost Optimization of Micro grids Using Homer

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    A Case Study in Botswana

    2017  Volume 5

    Abstract: Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community ... ...

    Abstract Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community and country. This paper focuses on optimal sizing and design, planning and operation of a micro grid solution for Botswana and demonstrate the usage through three different scenarios while taking into account cost factors, environmental emissions, economics, etc. The three modeling includes a combination of Solar PV's, generators, grid. The simulations are carried out using well-known modeling software HOMER. The paper accommodates sensitivity analysis to perceive the impact of solar insolation, investment costs of PV, converters, and fuel price on the optimum result. The results also positively encourage the use of renewable energy as a source to reduce greenhouse gases and reduce carbon footprint as per Kyoto protocol. Keywords: Levelized Cost, O&M, Unmet Electricity Load, Annualized Cost JEL Classifications: A19
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-11-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  6. Article ; Online: Cost Optimization of Micro grids Using Homer

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    A Case Study in Botswana

    2017  Volume 5

    Abstract: Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community ... ...

    Abstract Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community and country. This paper focuses on optimal sizing and design, planning and operation of a micro grid solution for Botswana and demonstrate the usage through three different scenarios while taking into account cost factors, environmental emissions, economics, etc. The three modeling includes a combination of Solar PV's, generators, grid. The simulations are carried out using well-known modeling software HOMER. The paper accommodates sensitivity analysis to perceive the impact of solar insolation, investment costs of PV, converters, and fuel price on the optimum result. The results also positively encourage the use of renewable energy as a source to reduce greenhouse gases and reduce carbon footprint as per Kyoto protocol. Keywords: Levelized Cost, O&M, Unmet Electricity Load, Annualized Cost JEL Classifications: A19
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-11-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  7. Article ; Online: Application of Strengths, Weakness, Opportunities, and Threats Analysis in Smart Grid - Virtual Power Plant for Sustainable Development in India and Botswana

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    2017  Volume 4

    Abstract: A holistic view of energy stakeholders in a strengths, weakness, opportunities, and threats (SWOT) perspective for India and Botswana is presented here. SWOT analysis is based on the themes of market resources, energy technology and invention, and energy ...

    Abstract A holistic view of energy stakeholders in a strengths, weakness, opportunities, and threats (SWOT) perspective for India and Botswana is presented here. SWOT analysis is based on the themes of market resources, energy technology and invention, and energy efficiency and climate. With this analytical frame work, the article discusses the strengths and opportunities while compensating weakness and mitigating threats. The action portfolio is directed towards enabling sustainable development, alleviating poverty and stresses the importance of comprehensive energy strategy towards building a strong economic profile while minimizing carbon foot print including energy efficient systems for the virtual power plant/smart grid/distributed energy resources. Keywords: Strengths, Weakness, Opportunities and Threats, South African Power Pool, Sustainable Energy Development, Ethical Data Exchange JEL Classifications: Q01, Q56
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-09-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  8. Article ; Online: Application of Strengths, Weakness, Opportunities, and Threats Analysis in Smart Grid - Virtual Power Plant for Sustainable Development in India and Botswana

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    2017  Volume 4

    Abstract: A holistic view of energy stakeholders in a strengths, weakness, opportunities, and threats (SWOT) perspective for India and Botswana is presented here. SWOT analysis is based on the themes of market resources, energy technology and invention, and energy ...

    Abstract A holistic view of energy stakeholders in a strengths, weakness, opportunities, and threats (SWOT) perspective for India and Botswana is presented here. SWOT analysis is based on the themes of market resources, energy technology and invention, and energy efficiency and climate. With this analytical frame work, the article discusses the strengths and opportunities while compensating weakness and mitigating threats. The action portfolio is directed towards enabling sustainable development, alleviating poverty and stresses the importance of comprehensive energy strategy towards building a strong economic profile while minimizing carbon foot print including energy efficient systems for the virtual power plant/smart grid/distributed energy resources. Keywords: Strengths, Weakness, Opportunities and Threats, South African Power Pool, Sustainable Energy Development, Ethical Data Exchange JEL Classifications: Q01, Q56
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-09-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  9. Article ; Online: Cost Optimization of Micro grids Using Homer

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    A Case Study in Botswana

    2017  Volume 5

    Abstract: Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community ... ...

    Abstract Fast dwindling fossil fuels and its impact on carbon footprint, encourage the use of renewable energy sources as an alternative power source. Renewable energy resources are now playing a pivotal role in gradually adding to the development of community and country. This paper focuses on optimal sizing and design, planning and operation of a micro grid solution for Botswana and demonstrate the usage through three different scenarios while taking into account cost factors, environmental emissions, economics, etc. The three modeling includes a combination of Solar PV's, generators, grid. The simulations are carried out using well-known modeling software HOMER. The paper accommodates sensitivity analysis to perceive the impact of solar insolation, investment costs of PV, converters, and fuel price on the optimum result. The results also positively encourage the use of renewable energy as a source to reduce greenhouse gases and reduce carbon footprint as per Kyoto protocol. Keywords: Levelized Cost, O&M, Unmet Electricity Load, Annualized Cost JEL Classifications: A19
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 690
    Language English
    Publishing date 2017-11-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

  10. Article ; Online: Economic Impacts of Cyber Security in Energy Sector

    Sampath Kumar Venkatachary / Jagdish Prasad / Ravi Samikannu

    International Journal of Energy Economics and Policy, Vol 7, Iss

    A Review

    2017  Volume 5

    Abstract: The new age “digital age” is bringing rapid change in the form of connections, integration, supply chain management, models and much more. As a result, security is a big business, securing critical data, operations, the customer profile is beyond the ... ...

    Abstract The new age “digital age” is bringing rapid change in the form of connections, integration, supply chain management, models and much more. As a result, security is a big business, securing critical data, operations, the customer profile is beyond the four wall of physical security. It is therefore essential to re-look on the definition of security and increase resilience on technology. The electric power system comprises of both IT infrastructures and electrical systems which include cyber systems, people, physical systems, money. Threats can be physical, internal or external threats and cyber threats can emerge from anywhere. Tackling cybercrimes and cyber-attacks on the energy sector poses major challenges on its own. These threats cannot be eliminated but only mitigated. The threat mitigation costs money, efforts, downtime, economic and psychological impacts on the industry that could result in damage to company's performance and the national economies. The paper aims to highlight various security attacks on the energy infrastructure and its economic impacts. While discussing the economics, the paper presents mechanism, and emphasizes the need for global security coordination to mitigate threats. Keywords: Systemic Cyber Event, Syntactic Attack, Digital Age JEL Classification: A19
    Keywords Environmental sciences ; GE1-350 ; Energy industries. Energy policy. Fuel trade ; HD9502-9502.5
    Subject code 303
    Language English
    Publishing date 2017-11-01T00:00:00Z
    Publisher EconJournals
    Document type Article ; Online
    Database BASE - Bielefeld Academic Search Engine (life sciences selection)

    More links

    Kategorien

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