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

fYear

2008

fDate

20-24 July 2008

Firstpage

1

Lastpage

7

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Power and Energy Society General Meeting - Conversion and Delivery of Electrical Energy in the 21st Century, 2008 IEEE

Conference_Location

Pittsburgh, PA

ISSN

1932-5517

Print_ISBN

978-1-4244-1905-0

Electronic_ISBN

1932-5517

Type

conf

DOI

10.1109/PES.2008.4596597

Filename

4596597