A renewable energy solution for small to large businesses in the Kingdom of Eswatin

dc.contributor.authorManana, Cusilakhe
dc.contributor.supervisorMondi, Lumkile
dc.date.accessioned2024-09-05T07:53:00Z
dc.date.available2024-09-05T07:53:00Z
dc.date.issued2023
dc.descriptionA research report submitted in partial fulfillment of the requirements for the degree of Master of Business Administration to the Faculty of Commerce, Law and Management, Wits Business School, University of the Witwatersrand, Johannesburg, 2023
dc.description.abstractThe Kingdom of Eswatini’s electricity supply is not self-sufficient and relies on the import of electricity to meet its local demand. This has resulted in the country importing 73% of its electricity from foreign suppliers including South Africa, Mozambique, and the Southern African Power Pool (SAPP). This heavy reliance on imports means the country cannot guarantee future supply nor have full control of the tariffs charged to customers for electricity. Solar photovoltaic (PV) technology installations have seen a steady increase worldwide due to improved efficiency in technology performance and a decrease in the cost of the technology. These advancements have resulted in solar technology becoming cheaper than traditional sources of energy available to consumers. The business venture investigates the viability of using solar technology as a solution to the high electricity costs being paid by small to large businesses within Eswatini. The venture aims to install, own, operate, and maintain solar PV plants at the customer’s property and sell the generated power to the customer. The venture does not seek to replace the utility supply but aims to provide an alternative cheaper solution as an input into operations. The business venture proposal targeted small to large businesses from varying industries across the country as respondents for the study. In the study, the market perception towards solar technology as well as consumer behavior analyzed to assist in formulating a business model for the venture which would ensure uptake of the value offering. Furthermore, the business venture investigated the viability of the project by evaluating performance parameters which included the levelized cost of energy (LCOE) of the solar plants, cash flows, Internal Rate of Return (IRR), and the Net Present Value (NPV)
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.citationManana, Cusilakhe. (2023). A renewable energy solution for small to large businesses in the Kingdom of Eswatin [Master’s dissertation, University of the Witwatersrand, Johannesburg]. WireDSpace.
dc.identifier.urihttps://hdl.handle.net/10539/40562
dc.language.isoen
dc.publisherUniversity of the Witwatersrand, Johannesburg
dc.rights© 2023 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg.
dc.rights.holderUniversity of the Witwatersrand, Johannesburg
dc.schoolWITS Business School
dc.subjectElectricity supply
dc.subjectSouthern African Power Pool (SAPP)
dc.subjectSolar photovoltaic (PV)
dc.subjectRenewable energy
dc.subjectEswatini
dc.subjectUCTD
dc.subject.otherSDG-7: Affordable and clean energy
dc.titleA renewable energy solution for small to large businesses in the Kingdom of Eswatin
dc.typeDissertation
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