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Economic Analysis Framework for Distributed Resources

Explore an economic framework for distributed resources, analyzing financial attractiveness and solution capabilities compared to the grid, using intuitive software tools and detailed reports.

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Economic Analysis Framework for Distributed Resources

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  1. An Economic Analysis Development Framework for Distributed Resources Aaron F. Snyder Utility Business Solutions March 13, 2002

  2. Presentation Outline • Introduction • Software Framework • Application • Conclusions

  3. Introduction • Problem Statement • Is DR an attractive financial alternative to my current grid connection? • Traditional Analysis Tools Lack Solution Capability at High Level • Too much data required for technical calculation • No limited data set common in packages to perform financial calculation • Package focused on single DR solution or solution approach • Can COTS solution run on my computer platform?

  4. Presentation Outline • Introduction • Software Framework • Application • Conclusions

  5. Software Framework • Standard Office Application (Excel) leads to Ease-of-Use • Development Language (VBA) leads to stand-alone migration path • Flexibility in time-series data manipulation (15-min to 1 year) • Cookie-cutter solution for other time-series intervals • User interface based on commonly accepted graphic components (push-buttons, dialog boxes, check boxes, etc.) • Ease of deployment across business network

  6. Software Framework • Dual-Path Data Approach • Load Profile • No Load Profile • Data Sets • Existing Service • Dist. Res.

  7. Software Framework • Common Data Path • Virtual Utility • Finance Solutions • Output Screen • Solution with Existing Service • Solution with Dist. Res. • Rate Update Wizard • Rate-Tier Input • Average Rate Input

  8. Software Framework • Detailed Reports • Summary Report of Key Financial Factors • Detailed Financials by Time Period • Detailed Graphs • Electrical Energy • Heat Energy • Database Provisions • DR Rate Sheets • Common Data Structure

  9. Presentation Outline • Introduction • Software Framework • Application • Conclusions

  10. Application • Key parameters • 1900kW Load • 1700kW Utility Connection • 23kW CHP DR • Yearly Load Profile Available (15-minute intervals) • Cost • Energy

  11. Application

  12. Application

  13. Application

  14. Application

  15. Application

  16. Presentation Outline • Introduction • Software Framework • Application • Conclusions

  17. Conclusions • Development Achievements • Minimal data set for each type of distributed resource required • Visual Basic for Applications code allows for future portability to complied stand-alone application • Intuitive user interface requires minimal training • Solution details minimal yet optimal • Software architecture allows for scalable solution • Financial Analysis Tool Complimentary to Technical Analysis Tool • Solution Deployable on Common Computing Platform with Minimal Hardware Requirements

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