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Cost-Effectiveness of Distributed Generation Technologies Provides comprehensive coverage of DG technologies. ─ Technologies implemented include PV, wind, Organic Rankine Cycle waste heat turbines (ORC), combustion-based microturbines, fuel cells, IC engines, and gas turbines fueled by natural gas, biogas, or directed biogas. ─ Also included is storage/dispatch. Allows evaluation of DG technologies currently and in the future. ─ Based on historical costs and metered performance. ─ Projects future costs and energy production based on learning curves, program requirements, and observed production of metered technologies currently installed. Allows for the evaluation of the Modified Internal Rate of Return (MIRR) at alternative incentive levels. These objectives are met through the development of the SGIPce model by incorporating the inputs, calculations, and the Levelized Cost of Energy (LCOE) framework into a system capable of analyzing the data and storing results in an open structure of Excel workbooks. The rest of this section describes the basic structure of the model, its functionality, the inputs and the outputs. 4.3 Model Approach Development of the SGIPce model began with the Energy and Environmental Economics (E3) CSI ProForma LCOE worksheet. The E3 model is designed to calculate the levelized cost of energy for PV systems. The E3 model was modified to enable the analysis of Combined Heat and Power (CHP), storage, and wind systems to provide a model capable of analyzing the cost- effectiveness of multiple types of DG technologies. The SCIPce system was built by surrounding the modified LCOE worksheet with a set of input worksheets and workbooks used to provide inputs and to store outputs used and generated by the DG cost-effectiveness system. The primary outputs of the SGIPce system are the program- and technology-specific cost- effectiveness tests. Itron, Inc. 4-2 SGIPce Approach and MethodologyPDF Image | Cost-Effectiveness of Distributed Generation Technologies
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