Title :
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
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;
Conference_Titel :
PowerTech, 2011 IEEE Trondheim
Conference_Location :
Trondheim
Print_ISBN :
978-1-4244-8419-5
Electronic_ISBN :
978-1-4244-8417-1
DOI :
10.1109/PTC.2011.6019320
