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Economic modeling of distributed generation (DG) systems has become an important area of research with the modern push towards greener and more sustainable electricity generation practices as any proposal without a solid business case is bound to flounder with the state of the global economy. This paper assessed the state-of-the-art in DG economic modeling and based on this developed a model to determine...
Subsidy programs for new energy technologies are by motivated by the experience curve: Increased adoption of a technology leads to learning and economies of scale that lower costs. There is a need for improved models of technological diffusion in order to inform choices in subsidy programs. In this research we explore how geographic variability in factors that determine the economic performance of...
Energy storage systems that are properly placed on the transmission system can be used to relieve transmission congestion [1]. Similarly, storage on distribution can be used to reduce peak loads [2]. The reduction in currents produced by congestion relief and peak reduction may also result in a decrease in line losses. Further efficiency improvements could be realized by optimizing the placement and...
Energy is the bedrock of our daily lives and industry. Now is the time that industry, government and academia must join together and examine highly independent, fully environmentally considerate and rational energy systems. In this presentation, recent Japanese policy will be introduced focusing on new national energy strategy. Looking at future technology trends, it is probable that, in the case...
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