Mahesh Bhave on Economic Factors to Consider for Building Microgrids
Jump to navigation
Jump to search
Podcast and text via http://blog.heatspring.com/microgrids-economic/
Description
"QUESTIONS TO CONSIDER FOR MICROGRID DEVELOPMENT
According to Dr. Bhave, anyone considering or currently involved in microgrid development needs to be asking two big questions:
How economical are microgrids today?
What factors drive their deployment?
THE FOUR ECONOMIC FACTORS THAT DETERMINE MICROGRID FEASIBILITY
In his 60-minute lecture, Dr. Bhave broke down the four factors that determine microgrid feasibility with each case study:
- Optimization for capacity, or sizing of generation sources
- Optimization of operations
- Pro forma cash analysis with assumptions
- Demand management, especially in emerging economies