Customer-perspective approach to reliability evaluation of distributed generation

Author

Zeljkovic, C.V. ; Rajakovic, N.L. ; Zubic, S.J.

Author_Institution

Dept. of Power Eng., Univ. of Banja Luka, Banja Luka, Bosnia-Herzegovina

fYear

2011

fDate

19-23 June 2011

Firstpage

1

Lastpage

6

Abstract

In this paper we present a methodology for economic assessment of installing distributed generation (DG) for industrial/ commercial customers. We propose an approach where the benefits of improved reliability and optimal DG operation are taken into account, respecting the overall lifetime of investment and converting the monetary amounts into their present values. The method is applied by comparing the finite number of market available investment options, detecting the profitable ones, and in case of a positive answer, declaring the best solution for customer.

Keywords

distributed power generation; investment; marketing; power generation economics; power generation reliability; customer-perspective approach; distributed generation; economic assessment; industrial-commercial customer; market investment option; monetary amount; optimal DG operation; reliability evaluation; Distributed power generation; Electricity; Investments; Load modeling; Maintenance engineering; Probability distribution; Reliability; Distributed power generation; cost benefit analysis; modeling; power generation dispatch; power system reliability; simulation;

fLanguage

English

Publisher

ieee

Conference_Titel

PowerTech, 2011 IEEE Trondheim

Conference_Location

Trondheim

Print_ISBN

978-1-4244-8419-5

Electronic_ISBN

978-1-4244-8417-1

Type

conf

DOI

10.1109/PTC.2011.6019320

Filename

6019320