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ECONOMIC VIABILITY OF AGRIVOLTAIC SYSTEMS IN COLOMBIA

Carlos Harvey Salamanca Falla | Bio
Universidad Surcolombiana
Juan Sebastian Babativa Torres | Bio
Universidad Surcolombiana
Andrés David Bahamon Sáenz | Bio
Universidad Surcolombiana
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Abstract

An agrivoltaic system is a strategic and innovative approach that combines renewable energy with agricultural production. Several existing studies describe the advantages of agrivoltaic systems from different points of view. However, a deeper analysis of these systems is needed to understand their economic viability and their compatibility with the main agricultural products in Colombia, such as coffee. A literature review was conducted with the aim to determine the current status and economic viability of this technology in Colombia, as well as define the main profits generated by this system. Additionally, an analysis of the implementation of this technology in other countries was carried out to determine the costs and estimate the profitability of this system based on the simulation of a case study. The results of the research revealed that in the proposed designs for the agrivoltaic system, the expected profitability is up to 9% with a return of investments in the medium term. This presents a great approximation to the implementation of agrivoltaics systems in Huila and their compatibility with coffee cultivation.

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How to Cite
Salamanca Falla, C. H., Babativa Torres, J. S., & Bahamon Sáenz, A. D. (2024). ECONOMIC VIABILITY OF AGRIVOLTAIC SYSTEMS IN COLOMBIA. Semestre Económico, 27(62), 1-20. https://doi.org/10.22395/seec.v27n62a4561

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