Abstract:
The results of this study showed that there is an overall positive relationship between captive solar PV technology and economic growth. Furthermore, it was identified that finding an ideal penetration level is possible, however there are a number of constraints and variables that need to be considered when modelling the ideal penetration level. Participants mentioned a few approaches to how the ideal penetration level may be found. One approach could be to align the motivators for solar penetration, and the motivators for the need to find an ideal penetration and ensure that the one does not overly influence the other, i.e., they need to meet at a neutral point. Moreover, it can be deduced that the ideal penetration will be at a point where the economic benefits are high. Additionally, there are a number of drivers that motivate the need to find an ideal penetration level, and these were found to be similar to those that were mentioned in existing studies.