Title :
Improve your utilization factor with performance based solar incentives- it’s easier than you think
Author :
Broderick, Robert J. ; Otero-Goodwin, Charlotte
Author_Institution :
PNM, Albuquerque, NM
Abstract :
This paper will focus on showing how PNMpsilas Small PV Renewable Energy Certificate (REC) Purchase Program is effectively meeting PNMpsilas Renewable Energy Portfolio (RPS) requirements while generating a high level of positive support for PNM throughout the local renewable community and from PNM customers. The paper and presentation will show how implementing performance-based incentives (PBI) for small scale PV systems is relatively easy, and produces real electric system benefits, such as reliable peak shaving and improved utility system utilization factor.
Keywords :
photovoltaic power systems; solar power; solar power stations; PNM customer; PV systems; Renewable Energy Certificate Purchase Program; Renewable Energy Portfolio; performance-based solar incentives; real electric system; utilization factor; Acceleration; Costs; Distributed power generation; Geothermal power generation; Inverters; Photovoltaic systems; Portfolios; Renewable energy resources; Solar power generation; Wind energy generation; Peak Shaving; Performance Based Incentives Distributed Solar; Photovoltaic; RCT; RPS; Utilization factor;
Conference_Titel :
Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008 IEEE
Conference_Location :
Pittsburgh, PA
Print_ISBN :
978-1-4244-1905-0
Electronic_ISBN :
1932-5517
DOI :
10.1109/PES.2008.4596597
