Microgrid economic modeling: How to make sense of the numbers

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Most organizations strongly support the deployment of renewable distributed energy generation (DER) through microgrids for the usual reasons — improving efficiency, resilience and sustainability. However, the devil is often in the details. Communicating a clear economic proposition to stakeholders proves difficult and projects often die at the conception stage. Economic modeling of energy and microgrid projects provides:

• Clear financial indicators that can be used to convince property owners and facility managers.
• Expected energy and cost metrics that can be used to track project performance.

This presentation will cover the basics of microgrid economic modeling with examples of typical outputs.

Learning objectives:

• Understand the advantages of economic modeling for microgrid projects.
• Describe the inputs to the microgrid economic model.
• Calculate the financial return provided by the model and their limitations.
• Learn the typical modeling methodology while developing microgrid projects.

Presented By:
Ram Kaushik, U.S. Offer Manager, Power Division, Schneider Electric

Moderated By:
Gary Cohen, Content Manager, CFE Media and Technology