Evaluating the value proposition of microgrids for utilities
Paper number
2213Conference name
CIRED 2019Conference date
3-6 June 2019Conference location
Madrid, SpainPeer-reviewed
YesMetadata
Show full item recordAuthors
Ablakovic, Dino, Siemens AG, GermanyReischboeck, Markus , Siemens AG, Germany
Jessenberger, Stefan, Siemens AG, Germany
Abstract
At present, the market is seeing utility scale Wind plants, PV Plants and even Battery Storage systems, but not a utility scale Microgrids.There are a number of reasons for this, and as with other technologies at their beginnings, microgrid value proposition for utilities still needs to be proven. This paper presents a methodology for evaluating the value proposition for the microgrids by a comprehensive techno-economic calculation based on economic dispatch optimization of consumer specific solution in two options: Grid only energy supply vs Microgrid.Only with a detailed study of both options which takes into consideration technical specifications and constraints of all included assets on one side and financial parameters (CAPEX, OPEX) on the other side is it possible to determine a real value of a Microgrid.Publisher
AIMDate
2019-06-03Published in
Permanent link to this record
https://cired-repository.org/handle/20.500.12455/764http://dx.doi.org/10.34890/985