Deployment of a dispatchable photovoltaic system: technical and economic results

This paper discusses the incorporation of PV as a demand-side management (DSM) tool. The valuation of the benefits provided by PV in a DSM role indicates that it is much closer to commercial viability than was thought from economic analyses focusing exclusively on this technology as a supply-side op...

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Bibliographic Details
Main Authors: Byrne, J., Young-Doo Wang, Letendre, S., Govindarajalu, C., Nigro, R., Bottenberg, W.
Format: Conference Proceeding
Language:English
Subjects:
Batteries
Cost accounting
Energy management
Energy storage
Environmental economics
Environmental management
Performance analysis
Photovoltaic systems
Power generation economics
Power system economics
Online Access:Request full text
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Summary:This paper discusses the incorporation of PV as a demand-side management (DSM) tool. The valuation of the benefits provided by PV in a DSM role indicates that it is much closer to commercial viability than was thought from economic analyses focusing exclusively on this technology as a supply-side option. However, in order to realize PV's potential, this technology must be deployed in high-value DSM applications; in particular, applications that promise dispatchable peak-shaving capability. Our analysis of the performance of a prototype system installed by Delmarva Power, indicates that small-scale, commercial customer-sited DSM systems incorporating this technology are approaching competitive cost levels.
DOI:10.1109/WCPEC.1994.520179