PDF Publication Title:
Text from PDF Page: 032
MICROGRIDS: INSOURCING MORE RELIABLE ENERGY RESOURCES TO CONNECTICUT TOWNS AND CITIES FIRST DRAFT FOR DISCUSSION PURPOSES ONLY THE FINANCIAL ISSUES What is the best way to fund the early stage microgrid designs necessary to secure project financing? What lessons can be learned from proposals for public-private infrastructure banks that would provide such funding? The design work to determine if a microgrid is technologically feasible and economically financeable usually amounts to 8 to 12 percent of total microgrid project costs. This would amount to between $200 and $500 per megawatt. For a typical four megawatt town center microgrid, these early-stage costs could be between $800 thousand and $2 million. Aside from a handful of developers willing to take the risks and some useful grants from the Connecticut Clean Energy Fund, there has not been an easy way to cover the pre-project financing design expenditures. An infrastructure bank proposal being implemented in New York State and a revolving loan fund will be considered. This may be the most useful application of the $300 million microgrid funding being proposed by the Connecticut Senate. A successful microgrid project in Connecticut should enjoy an internal rate of return of more than 15 percent. In comparison with the State’s cost of money, a revolving loan fund should be able to charge a high enough rate to overcome the microgrids that do not prove feasible to build and/or finance. Are there solutions that could help energy users avoid having their commitments to buy power from a microgrid recorded as a liability on their books? In this context, is there a role for the State to pre-buy power or for the utility company to rate-base microgrids? The Financial Accounting Standards Board is likely to enact new accounting rules whereby microgrid customers that commit to long-term purchased power agreements would have to include the discounted amount of those commitments as debt liabilities. That possibility will greatly curtail the amount of microgrid adoption. Therefore, the Summit will explore ways to structure microgrid financing to avoid this accounting treatment. What types of projects have the best opportunity of being financed? How do a group of microgrid users, an EID or a municipality develop a Request for Proposal (“RFP”) for designing, building and operating a microgrid? What type of RFP would elicit responses with the best opportunity of financing? One of the difficulties of EIDs has been to develop requests for proposals of sufficient technical detail to elicit high quality offers from developers to design, finance, build and operate microgrids. Banks attending the Summit will provide some feedback on the types of microgrid projects that have the best chance of being privately financed. The role of utility Page 28PDF Image | MICROGRIDS
PDF Search Title:
MICROGRIDSOriginal File Name Searched:
WhitePaperTrinityCollegeDistributedEnergySolutionsSummit.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com (Standard Web Page)