Impact of photovoltaic demand-side management system on summer peaking utility
The purpose of this analysis is to examine the demand-side management (DSM) financial value of a photovoltaic (PV) DSM power system to the commercial end-use customer of the electric utility. The study focused on one utility, Boston Edison Company (BECO), which is a daytime summer month peaking util...
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Tagungsbericht |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext bestellen |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 2316 vol.2 |
|---|---|
| container_issue | |
| container_start_page | 2313 |
| container_title | |
| container_volume | 2 |
| creator | Leng, G.J. Lesser, M. Rooney, T.T. |
| description | The purpose of this analysis is to examine the demand-side management (DSM) financial value of a photovoltaic (PV) DSM power system to the commercial end-use customer of the electric utility. The study focused on one utility, Boston Edison Company (BECO), which is a daytime summer month peaking utility. The value of the PV-DSM system to the commercial customer of BECO works out to roughly 11.9 cents/kWh for total energy that the PV-DSM system produces during the year. The payback of a PV-DSM system is highly sensitive to both discount rate used by a firm to evaluate an investment and to the number of years that the firm expect their investment to pay itself back. With the requirement by typical firms to have payback on investment of 3 to 5 years (or less), the calculated required installed cost per watt for the PV-DSM system of 0.26 to 0.48/Watt does not appear achievable in the near term. This emphasizes the need for financial arrangements that incorporate time horizons that are longer and match the useful life of the equipment. |
| doi_str_mv | 10.1109/WCPEC.1994.521688 |
| format | Conference Proceeding |
| fullrecord | <record><control><sourceid>ieee_6IE</sourceid><recordid>TN_cdi_ieee_primary_521688</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><ieee_id>521688</ieee_id><sourcerecordid>521688</sourcerecordid><originalsourceid>FETCH-LOGICAL-i172t-f1ac1cf1e1a509efd234c65bab6ab3dcd53ef6dea6938449109711ee75c5ac1e3</originalsourceid><addsrcrecordid>eNotj8FKxDAURQMiqON8gK7yA615TZM2SymjDgzqQnE5pMnLGG3a0mSE_r2FmdW9i3suHELugOUATD18Ne-bJgelylwUIOv6gtywqmYcSsn4FVnH-MMYW7YVcHZNXrdh1CbRwdHxe0jD39Al7Q21GHRvs-gt0qXpAwbsE41zTBjo0NN4DAEnOqL-9f2BHpPvfJpvyaXTXcT1OVfk82nz0bxku7fnbfO4yzxURcocaAPGAYIWTKGzBS-NFK1upW65NVZwdNKilorXZakWswoAsRJGLCTyFbk__XpE3I-TD3qa9ydj_g8oW05d</addsrcrecordid><sourcetype>Publisher</sourcetype><iscdi>true</iscdi><recordtype>conference_proceeding</recordtype></control><display><type>conference_proceeding</type><title>Impact of photovoltaic demand-side management system on summer peaking utility</title><source>IEEE Electronic Library (IEL) Conference Proceedings</source><creator>Leng, G.J. ; Lesser, M. ; Rooney, T.T.</creator><creatorcontrib>Leng, G.J. ; Lesser, M. ; Rooney, T.T.</creatorcontrib><description>The purpose of this analysis is to examine the demand-side management (DSM) financial value of a photovoltaic (PV) DSM power system to the commercial end-use customer of the electric utility. The study focused on one utility, Boston Edison Company (BECO), which is a daytime summer month peaking utility. The value of the PV-DSM system to the commercial customer of BECO works out to roughly 11.9 cents/kWh for total energy that the PV-DSM system produces during the year. The payback of a PV-DSM system is highly sensitive to both discount rate used by a firm to evaluate an investment and to the number of years that the firm expect their investment to pay itself back. With the requirement by typical firms to have payback on investment of 3 to 5 years (or less), the calculated required installed cost per watt for the PV-DSM system of 0.26 to 0.48/Watt does not appear achievable in the near term. This emphasizes the need for financial arrangements that incorporate time horizons that are longer and match the useful life of the equipment.</description><identifier>ISBN: 0780314603</identifier><identifier>ISBN: 9780780314603</identifier><identifier>DOI: 10.1109/WCPEC.1994.521688</identifier><language>eng</language><publisher>IEEE</publisher><subject>Costs ; Energy management ; Financial management ; Industrial power systems ; Investments ; Photovoltaic systems ; Power industry ; Power system analysis computing ; Power system management ; Solar power generation</subject><ispartof>Proceedings of 1994 IEEE 1st World Conference on Photovoltaic Energy Conversion - WCPEC (A Joint Conference of PVSC, PVSEC and PSEC), 1994, Vol.2, p.2313-2316 vol.2</ispartof><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://ieeexplore.ieee.org/document/521688$$EHTML$$P50$$Gieee$$H</linktohtml><link.rule.ids>309,310,778,782,787,788,2054,4038,4039,27912,54907</link.rule.ids><linktorsrc>$$Uhttps://ieeexplore.ieee.org/document/521688$$EView_record_in_IEEE$$FView_record_in_$$GIEEE</linktorsrc></links><search><creatorcontrib>Leng, G.J.</creatorcontrib><creatorcontrib>Lesser, M.</creatorcontrib><creatorcontrib>Rooney, T.T.</creatorcontrib><title>Impact of photovoltaic demand-side management system on summer peaking utility</title><title>Proceedings of 1994 IEEE 1st World Conference on Photovoltaic Energy Conversion - WCPEC (A Joint Conference of PVSC, PVSEC and PSEC)</title><addtitle>WCPEC</addtitle><description>The purpose of this analysis is to examine the demand-side management (DSM) financial value of a photovoltaic (PV) DSM power system to the commercial end-use customer of the electric utility. The study focused on one utility, Boston Edison Company (BECO), which is a daytime summer month peaking utility. The value of the PV-DSM system to the commercial customer of BECO works out to roughly 11.9 cents/kWh for total energy that the PV-DSM system produces during the year. The payback of a PV-DSM system is highly sensitive to both discount rate used by a firm to evaluate an investment and to the number of years that the firm expect their investment to pay itself back. With the requirement by typical firms to have payback on investment of 3 to 5 years (or less), the calculated required installed cost per watt for the PV-DSM system of 0.26 to 0.48/Watt does not appear achievable in the near term. This emphasizes the need for financial arrangements that incorporate time horizons that are longer and match the useful life of the equipment.</description><subject>Costs</subject><subject>Energy management</subject><subject>Financial management</subject><subject>Industrial power systems</subject><subject>Investments</subject><subject>Photovoltaic systems</subject><subject>Power industry</subject><subject>Power system analysis computing</subject><subject>Power system management</subject><subject>Solar power generation</subject><isbn>0780314603</isbn><isbn>9780780314603</isbn><fulltext>true</fulltext><rsrctype>conference_proceeding</rsrctype><creationdate>1994</creationdate><recordtype>conference_proceeding</recordtype><sourceid>6IE</sourceid><sourceid>RIE</sourceid><recordid>eNotj8FKxDAURQMiqON8gK7yA615TZM2SymjDgzqQnE5pMnLGG3a0mSE_r2FmdW9i3suHELugOUATD18Ne-bJgelylwUIOv6gtywqmYcSsn4FVnH-MMYW7YVcHZNXrdh1CbRwdHxe0jD39Al7Q21GHRvs-gt0qXpAwbsE41zTBjo0NN4DAEnOqL-9f2BHpPvfJpvyaXTXcT1OVfk82nz0bxku7fnbfO4yzxURcocaAPGAYIWTKGzBS-NFK1upW65NVZwdNKilorXZakWswoAsRJGLCTyFbk__XpE3I-TD3qa9ydj_g8oW05d</recordid><startdate>1994</startdate><enddate>1994</enddate><creator>Leng, G.J.</creator><creator>Lesser, M.</creator><creator>Rooney, T.T.</creator><general>IEEE</general><scope>6IE</scope><scope>6IL</scope><scope>CBEJK</scope><scope>RIE</scope><scope>RIL</scope></search><sort><creationdate>1994</creationdate><title>Impact of photovoltaic demand-side management system on summer peaking utility</title><author>Leng, G.J. ; Lesser, M. ; Rooney, T.T.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-i172t-f1ac1cf1e1a509efd234c65bab6ab3dcd53ef6dea6938449109711ee75c5ac1e3</frbrgroupid><rsrctype>conference_proceedings</rsrctype><prefilter>conference_proceedings</prefilter><language>eng</language><creationdate>1994</creationdate><topic>Costs</topic><topic>Energy management</topic><topic>Financial management</topic><topic>Industrial power systems</topic><topic>Investments</topic><topic>Photovoltaic systems</topic><topic>Power industry</topic><topic>Power system analysis computing</topic><topic>Power system management</topic><topic>Solar power generation</topic><toplevel>online_resources</toplevel><creatorcontrib>Leng, G.J.</creatorcontrib><creatorcontrib>Lesser, M.</creatorcontrib><creatorcontrib>Rooney, T.T.</creatorcontrib><collection>IEEE Electronic Library (IEL) Conference Proceedings</collection><collection>IEEE Proceedings Order Plan All Online (POP All Online) 1998-present by volume</collection><collection>IEEE Xplore All Conference Proceedings</collection><collection>IEEE Electronic Library (IEL)</collection><collection>IEEE Proceedings Order Plans (POP All) 1998-Present</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Leng, G.J.</au><au>Lesser, M.</au><au>Rooney, T.T.</au><format>book</format><genre>proceeding</genre><ristype>CONF</ristype><atitle>Impact of photovoltaic demand-side management system on summer peaking utility</atitle><btitle>Proceedings of 1994 IEEE 1st World Conference on Photovoltaic Energy Conversion - WCPEC (A Joint Conference of PVSC, PVSEC and PSEC)</btitle><stitle>WCPEC</stitle><date>1994</date><risdate>1994</risdate><volume>2</volume><spage>2313</spage><epage>2316 vol.2</epage><pages>2313-2316 vol.2</pages><isbn>0780314603</isbn><isbn>9780780314603</isbn><abstract>The purpose of this analysis is to examine the demand-side management (DSM) financial value of a photovoltaic (PV) DSM power system to the commercial end-use customer of the electric utility. The study focused on one utility, Boston Edison Company (BECO), which is a daytime summer month peaking utility. The value of the PV-DSM system to the commercial customer of BECO works out to roughly 11.9 cents/kWh for total energy that the PV-DSM system produces during the year. The payback of a PV-DSM system is highly sensitive to both discount rate used by a firm to evaluate an investment and to the number of years that the firm expect their investment to pay itself back. With the requirement by typical firms to have payback on investment of 3 to 5 years (or less), the calculated required installed cost per watt for the PV-DSM system of 0.26 to 0.48/Watt does not appear achievable in the near term. This emphasizes the need for financial arrangements that incorporate time horizons that are longer and match the useful life of the equipment.</abstract><pub>IEEE</pub><doi>10.1109/WCPEC.1994.521688</doi></addata></record> |
| fulltext | fulltext_linktorsrc |
| identifier | ISBN: 0780314603 |
| ispartof | Proceedings of 1994 IEEE 1st World Conference on Photovoltaic Energy Conversion - WCPEC (A Joint Conference of PVSC, PVSEC and PSEC), 1994, Vol.2, p.2313-2316 vol.2 |
| issn | |
| language | eng |
| recordid | cdi_ieee_primary_521688 |
| source | IEEE Electronic Library (IEL) Conference Proceedings |
| subjects | Costs Energy management Financial management Industrial power systems Investments Photovoltaic systems Power industry Power system analysis computing Power system management Solar power generation |
| title | Impact of photovoltaic demand-side management system on summer peaking utility |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-16T04%3A31%3A04IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-ieee_6IE&rft_val_fmt=info:ofi/fmt:kev:mtx:book&rft.genre=proceeding&rft.atitle=Impact%20of%20photovoltaic%20demand-side%20management%20system%20on%20summer%20peaking%20utility&rft.btitle=Proceedings%20of%201994%20IEEE%201st%20World%20Conference%20on%20Photovoltaic%20Energy%20Conversion%20-%20WCPEC%20(A%20Joint%20Conference%20of%20PVSC,%20PVSEC%20and%20PSEC)&rft.au=Leng,%20G.J.&rft.date=1994&rft.volume=2&rft.spage=2313&rft.epage=2316%20vol.2&rft.pages=2313-2316%20vol.2&rft.isbn=0780314603&rft.isbn_list=9780780314603&rft_id=info:doi/10.1109/WCPEC.1994.521688&rft_dat=%3Cieee_6IE%3E521688%3C/ieee_6IE%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_id=info:pmid/&rft_ieee_id=521688&rfr_iscdi=true |