Valuing the Resilience Provided by Solar and Battery Energy Storage Systems
Program Document
·
OSTI ID:1420058
- National Renewable Energy Laboratory (NREL), Golden, CO (United States)
- Clean Energy Group
This paper explores the impact of valuing resilience on the economics of photovoltaics (PV) and storage systems for commercial buildings. The analysis presented here illustrates that accounting for the cost of grid power outages can change the breakeven point for PV and storage system investment, and increase the size of systems designed to deliver the greatest economic benefit over time. In other words, valuing resilience can make PV and storage systems economical in cases where they would not be otherwise. As storage costs decrease, and outages occur more frequently, PV and storage are likely to play a larger role in building design and management considerations.
- Research Organization:
- National Renewable Energy Lab. (NREL), Golden, CO (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Efficiency Office. Federal Energy Management Program Office
- DOE Contract Number:
- AC36-08GO28308
- OSTI ID:
- 1420058
- Report Number(s):
- NREL/BR-6A20-70679
- Country of Publication:
- United States
- Language:
- English
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