here to automatically receive free future
Low-Cost CVR May Pay for Your AMI System
A new Consortium study turns traditional smart grid business case analysis on its head.
The study finds that many utilities can achieve large returns with a joint
AMI/low-cost CVR (onservation voltage reduction) strategy,
even if the AMI portion doesn’t meet financial targets on its own
This study and its implications for utilities are noteworthy for six reasons:
- The AMI/low-cost CVR strategy reflects a new paradigm for smart grid business case analysis,
- The analysis quantifies an often-ignored contribution of smart meter data,
- Results illustrate the incremental financial value of limited, low-costs CVR
grid improvements enabled by smart meter data,
- The financial value of this strategy is easy to verify beforehand,
- The CVR portion can be implemented simultaneously with the AMI implementation, and
- Contributions of smart meter-enabled CVR can turn a negative AMI business case positive.
The Consortium’s Smart Grid
Investment Model is used in this article to explore costs and benefits for a representative utility.
A description of the Consortium’s AMI/low-cost CVR applications assessment and implementation services is also included.
Consider a New Evaluation of Your Grid Modernization Plans
Wonder how your utility's smart
grid investments and strategies stack up against their potential
and how they compare to peer utilities in your region? Are you
behind or ahead of grid modernization trends and how does that
impact your costs?
A new SGRC service provides in-house
executive seminar presentations of industry trends,
an evaluation of where your utility is relative to your peers, and likely
business case outcomes based on general information for your utility. Presentations reflect
insights gained in SGRC
smart grid business case analysis at 20 utilities and information on industry trends and
program outcomes at over 200 coops and public utilities drawn from the SGRC Smart Grid Experience Database.
Next Newsletter: Identifying Low-Cost CVR-Volt/VAR Investment Options.
Interested in CVR-Volt/VAR options but not ready to launch a big project? This paper describes
an analytical process developed by the Consortium to identify the most financially beneficial distribution
system investments. Depending on utility characteristics, some strategies can be self-funded from
operating and maintenance budgets.
In case you missed the last newsletter:
Control Your Customers' Thermostats and What are the
Implications for Your Rates? Read
Smart Grids: An Optimized Electric Power System. Click
here to see this chapter on smart grids in Elsevier's new Future Energy
(December, 2013) compendium authored by SGRC's Dr. Jerry Jackson.
About the Consortium
The SGRC provides low-cost,
comprehensive smart grid business case analysis and strategy
development for coops and public utilities at every stage of the
smart grid evaluation process. For more information go to http://www.smartgridresearchconsortium.org/
or contact Dr. Jerry Jackson, Leader and Research Director, SGRC, 37
N. Orange Ave. Suite 500, Orlando, FL 32801 Office: (407) 926-4048 Cell: (979) 204-7821.