The critical role of anchor customers in rural microgrids: Impact of load factor on energy cost

Robert, Fabien Chidanand; Sisodia, Gyanendra Singh; Gopalan, Sundararaman

doi:10.1109/iccpeic.2017.8290401

Cited by 17 publications

(13 citation statements)

References 9 publications

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“…With predictable loads from these customers, long-term revenue streams for a MG project can be secured. The establishment of such an "anchor" group of customers is particularly vital for projects that are based in rural communities which are typified by a limited revenue source [39]. [40] note the importance of community commitment translating into financial commitment to achieve the necessary return on investment.…”

Section: Potential Sources Of Financementioning

confidence: 99%

Australian Renewable-Energy Microgrids: a Humble Past, a Turbulent Present, a Propitious Future

Wright¹,

Frost²,

Wong³

et al. 2022

Preprint

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AAs the global energy market undergoes a wholesale transformation accelerated by the need to decarbonise, a rapid transition to renewable energy and the mass deployment of distributed energy resources, autonomous energy networks or microgrids are emerging as an attractive mechanism for the delivery of electricity to end users. Yet in Australia, at least, relatively little is known about key aspects of microgrids that are fundamental to their successful deployment, not least the more commercial and economic elements rather than the purely technical. Drawing on the extant global literature on microgrids, this paper explores the most important of these aspects including business models, ownership and investment. Identifying the ambiguity, inconsistency and uncertainty evident in many of the feasibility studies currently in train across Australia, this paper highlights specific areas for future research that need to be addressed if the full potential of microgrids is to be realised in the context of a global energy transition both domestically and internationally.

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Section: Potential Sources Of Financementioning

confidence: 99%

Australian Renewable-Energy Microgrids: a Humble Past, a Turbulent Present, a Propitious Future

Wright¹,

Frost²,

Wong³

et al. 2022

Preprint

View full text Add to dashboard Cite

show abstract

“…As a result, the overall cost of providing electric energy will be reduced. F.Robert et al [102] analyzed the impact of different load factors of 0.2, 0.3, and 0.4 on the energy cost at the design stage of a microgrid. The analysis shows that the highest value of load factor can reduce energy costs up to 48% approximately for a solar-based microgrid [102].…”

Section: Load Factor Improvementmentioning

confidence: 99%

A Review of the Conceptualization and Operational Management of Seaport Microgrids on the Shore and Seaside

et al. 2021

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Seaports are well known as the medium that has evolved into the central link between sea and land for complex marine activities. The growth in maritime logistics particularly necessitates a large volume of energy supply in order to maintain the operation of sea trade, resulting in an imbalance between generation and demand sides. Future projections for three major concerns show an increase in load demand, cost of operation, and environmental issues. In order to overcome these problems, integrating microgrids as an innovative technology in the seaport power system appears to be a vital strategy. It is believed that microgrids enhance seaport operation by providing sustainable, environmentally friendly, and cost-effective energy. Although microgrids are well established and widely used in a variety of operations on land, their incorporation into the seaport is still limited. The involvement of a variety of heavy loads such as all-electric ships, cranes, cold ironing, and buildings infrastructure renders it a complicated arrangement task in several aspects, which necessitates further research and leaves space for improvement. In this paper, an overview of the seaport microgrids in terms of their concepts and operation management is presented. It provides the perspectives for integrating the microgrid concept into a seaport from both shore side and seaside as a smart initiative for the green port’s vision. Future research directions are discussed towards the development of a more efficient marine power system.

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“…The renewable energy generation is usually competitive (Furlan & Mortarino, 2018; Guidolin & Guseo, 2016; Pitelis, Vasilakos, & Chalvatzis, 2019; Wang, Yan, Zhuang, & Zhang, 2019) due to several factors, such as cost (Robert, Sisodia, & Gopalan, 2017; van der Ploeg & Rezai, 2020), logistic issues (Chen & Su, 2019; Malladi & Sowlati, 2018), transmission (Chen et al, 2020; Mokryani, Hu, Papadopoulos, Niknam, & Aghaei, 2017; Soroudi, Rabiee, & Keane, 2017), demand (Robert et al, 2017), regulations (Sisodia, Soares, & Ferreira, 2016a, 2016b), policy (Abrell & Rausch, 2016; Albrizio, Kozluk, & Zipperer, 2017; Sisodia & Soares, 2015), loss (Quansah & Adaramola, 2019; Rahmani‐Andebili, 2017), storage (Robert, Sisodia, & Gopalan, 2018), investor's interest (Crago & Chernyakhovskiy, 2017; Kaya, Klepacka, & Florkowski, 2019; Linn & Shih, 2019), and efficiency (Brent & Ward, 2018). Since the cost of investment is high and given that renewable energy projects are irreversible (Flatland, Hove, Lavrutich, & Nagy, 2019), a key criterion for the investors to invest in renewable projects is the governmental support through regulatory schemes (Gatto & Drago, 2020; Stephenson & Shabman, 2019; Xie, Yuan, & Huang, 2017).…”

Section: Literature Reviewmentioning

confidence: 99%

Strategic business risk evaluation for sustainable energy investment and stakeholder engagement: A proposal for energy policy development in the Middle East through Khalifa funding and land subsidies

et al. 2020

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This article projects business risk through deferent industrial scenarios in concentrated solar investments in the United Arab Emirates (UAE). Nationwide, the government seeks a sustainable solution through energy policy development and engagement of the stakeholders for clean energy generation at wider level in the long run. Support has been extended through various support schemes. In the current study, Monte Carlo simulations and net present value (NPV) risk are used to analyse the return on investment. A 5 MW concave solar panel project is evaluated. We have assessed the impact of local factors on profits through NPV. The study proposes that a higher NPV is expected if the concave solar panel project is financed 50% by Khalifa funding. The study also proposes a robust policy and highlights the opportunity of business profitability if the government subsidises land leasing with respect to each scenario. Additionally, the study also proposes a policy to maintain the interests of investors in the UAE.

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The critical role of anchor customers in rural microgrids: Impact of load factor on energy cost

Cited by 17 publications

References 9 publications

Australian Renewable-Energy Microgrids: a Humble Past, a Turbulent Present, a Propitious Future

Australian Renewable-Energy Microgrids: a Humble Past, a Turbulent Present, a Propitious Future

A Review of the Conceptualization and Operational Management of Seaport Microgrids on the Shore and Seaside

Strategic business risk evaluation for sustainable energy investment and stakeholder engagement: A proposal for energy policy development in the Middle East through Khalifa funding and land subsidies

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