This report aims to develop a business model for repowering based on assumptions which are rational and based on international or domestic evidence. This report also aims to design a Policy suggestion on Repowering to push forward the market.
The report follows a parallel model that begins with a literature assessment and includes existing policy, worldwide experience, and grid difficulties with RE integration. The development of the business model in this study resulted from data analysis, stakeholder collaboration, and the creation of a tool called "RPSM" to verify the site's preparedness for repowering. The project's VGF was calculated using an old asset valuation methodology, and policy recommendations were made based on the financial analysis of the Micrositing results.
The required study to push forward Repowering Market, to utilise national resource at its full capacity has been done here. The effect of Micrositing also included for repowering business.