The Value of Distributed Energy Resources (DER) to the Grid: Introductionto the concepts of Marginal Capital Cost  and Locational Marginal Value

Tabors, Richard; Masiello, Ralph; Caramanis, Michael C.; Andrianesis, Panagiotis

The Value of Distributed Energy Resources (DER) to the Grid: Introductionto the concepts of Marginal Capital Cost and Locational Marginal Value

dc.contributor.author	Tabors, Richard
dc.contributor.author	Masiello, Ralph
dc.contributor.author	Caramanis, Michael C.
dc.contributor.author	Andrianesis, Panagiotis
dc.date.accessioned	2019-01-03T00:16:00Z
dc.date.available	2019-01-03T00:16:00Z
dc.date.issued	2019-01-08
dc.description.abstract	Distributed Energy Resources (DERs) are argued to be a significant benefit to the electric utility grid. While DERs generate significant benefits to their owners and as well as society, the compensation and operating structure of the distribution system of most utilities is such that DERs result in minimal benefits to the distribution system. As we show, the benefits correctly attributed to the distribution company (the wires company) are a function of what service (real, reactive power) the DER is able to provide, when and where, and at what level of certainty the DER is able to provide the service. We introduce the concepts of Marginal Cost of Capacity (MCC) and Locational Marginal Value (LMV) in the calculation of the value of DERs to the distribution system.
dc.format.extent	8 pages
dc.identifier.doi	10.24251/HICSS.2019.419
dc.identifier.isbn	978-0-9981331-2-6
dc.identifier.uri	http://hdl.handle.net/10125/59782
dc.language.iso	eng
dc.relation.ispartof	Proceedings of the 52nd Hawaii International Conference on System Sciences
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subject	Integrating Distributed or Renewable Resources
dc.subject	Electric Energy Systems
dc.subject	Distributed Energy Resources
dc.subject	Distributed Locational Marginal Pricing
dc.subject	Locational Net Benefit
dc.subject	Marginal Cost of Capacity
dc.subject	Non-wires Alternative
dc.title	The Value of Distributed Energy Resources (DER) to the Grid: Introductionto the concepts of Marginal Capital Cost and Locational Marginal Value
dc.type	Conference Paper
dc.type.dcmi	Text

Files

Original bundle

Now showing 1 - 1 of 1

Name:: 0342.pdf
Size:: 480.94 KB
Format:: Adobe Portable Document Format
Description:

Download

Collections

Integrating Distributed or Renewable Resources