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dc.contributor.authorBelay, Alemu Moges
dc.contributor.authorPuranik, Sanket
dc.contributor.authorGallart Fernández, Ramon
dc.contributor.authorTuiskula, Heidi
dc.contributor.authorMeléndez Frigola, Joaquim
dc.contributor.authorLamprinos, Ilias
dc.contributor.authorDíaz González, Francisco
dc.contributor.authorSmolnikar, Miha
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Enginyeria Elèctrica
dc.date.accessioned2022-01-10T09:51:48Z
dc.date.available2022-01-10T09:51:48Z
dc.date.issued2021-12-23
dc.identifier.citationBelay, A. [et al.]. Developing novel technologies and services for intelligent low voltage electricity grids: cost–benefit analysis and policy implications. "Energies", 23 Desembre 2021, vol. 15, núm. 1, p. 94:1-94:25.
dc.identifier.issn1996-1073
dc.identifier.urihttp://hdl.handle.net/2117/359215
dc.description.abstractThe paper presents a set of prototype smart grid technologies and services and validates the economic viability of the proposed solution using cost–benefit analysis (CBA). The study considered the EU-funded project called RESOLVD and implemented the technologies and services in a real-life pilot. the technologies and services on the EU-funded H2020. The paper focuses on the analysis of technological solutions which enhance the operational efficiency and the hosting capacity of low-voltage electricity distribution grids. The solutions provided better integration of a hybrid battery storage system, with the grid interfacing power electronics, smart gateways for the interconnection of assets at the grid edge, and sensors enhancing infrastructure observability and control. The result from the CBA indicates the economic viability of the project, high scalability, and replicability. The economic benefits were realized with the breakeven value of eight secondary substations (SS) and 16 feeders. The scenario test on the DSO’s willingness to pay for the software as a service (SaaS) revealed that the payback period can further be reduced by almost half with a higher internal rate of return (IRR) and net present value (NPV). Both the CBA and scenario tests showed RESOLVD solution can become more economically viable when deployed in largescale. Moreover, the CBA results provide evidence to the energy policy by allowing DSOs to consider both CAPEX and OPEX for better investment decisions. Further, the paper proposes an alternative business approach that shifts from grid reinforcement to service provision. The paper also discusses the research implications on energy policy and business.
dc.language.isoeng
dc.subjectÀrees temàtiques de la UPC::Energies::Energia elèctrica
dc.subject.lcshCost-benefit analysis
dc.subject.lcshLow voltage systems
dc.subject.lcshSmart power grids
dc.subject.lcshCost effectiveness
dc.subject.otherCost–benefit analysis
dc.subject.otherSmart grid
dc.subject.otherHosting capacity
dc.subject.otherEfficiency
dc.subject.otherTechnology
dc.subject.otherEconomic
dc.subject.otherThe EU
dc.subject.otherWillingness to pay
dc.subject.otherPolicy
dc.titleDeveloping novel technologies and services for intelligent low voltage electricity grids: cost–benefit analysis and policy implications
dc.typeArticle
dc.subject.lemacXarxes elèctriques intel·ligents
dc.subject.lemacCost-eficàcia
dc.contributor.groupUniversitat Politècnica de Catalunya. CITCEA - Centre d'Innovació Tecnològica en Convertidors Estàtics i Accionaments
dc.identifier.doi10.3390/en15010094
dc.description.peerreviewedPeer Reviewed
dc.relation.publisherversionhttps://www.mdpi.com/1996-1073/15/1/94
dc.rights.accessOpen Access
local.identifier.drac32420344
dc.description.versionPostprint (published version)
dc.relation.projectidinfo:eu-repo/grantAgreement/EC/H2020/773715/EU/Renewable penetration levered by Efficient Low Voltage Distribution grids/RESOLVD
local.citation.authorBelay, A.; Puranik, S.; Gallart, R.; Tuiskula, H.; Meléndez, J.; Lamprinos, I.; Díaz-González, F.; Smolnikar, M.
local.citation.publicationNameEnergies
local.citation.volume15
local.citation.number1
local.citation.startingPage94:1
local.citation.endingPage94:25
dc.description.sdgObjectius de Desenvolupament Sostenible::9 - Indústria, Innovació i Infraestructura
dc.description.sdgObjectius de Desenvolupament Sostenible::11 - Ciutats i Comunitats Sostenibles


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