Foundational Report Series: Advanced Distribution Management Systems for Grid Modernization, Business Case Calculations for DMS
Abstract
Distribution Management System (DMS) applications require a substantial commitment of technical and financial resources. In order to proceed beyond limited-scale demonstration projects, utilities must have a clear understanding of the business case for committing these resources that recognizes the total cost of ownership. Many of the benefits provided by investments in DMSs do not translate easily into monetary terms, making cost-benefit calculations difficult. For example, Fault Location Isolation and Service Restoration (FLISR) can significantly reduce customer outage duration and improve reliability. However, there is no well-established and universally-accepted procedure for converting these benefits into monetary terms that can be compared directly to investment costs. This report presents a methodology to analyze the benefits and costs of DMS applications as fundamental to the business case.
- Authors:
-
- Argonne National Lab. (ANL), Argonne, IL (United States)
- Reilly Associates, Pittson, PA (United States)
- Publication Date:
- Research Org.:
- Argonne National Lab. (ANL), Argonne, IL (United States)
- Sponsoring Org.:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE)
- OSTI Identifier:
- 1342555
- Report Number(s):
- ANL/ESD-17/3
133447
- DOE Contract Number:
- AC02-06CH11357
- Resource Type:
- Technical Report
- Country of Publication:
- United States
- Language:
- English
- Subject:
- 29 ENERGY PLANNING, POLICY, AND ECONOMY
Citation Formats
Lu, Xiaonan, Singh, Ravindra, Wang, Jianhui, and Reilly, James T. Foundational Report Series: Advanced Distribution Management Systems for Grid Modernization, Business Case Calculations for DMS. United States: N. p., 2017.
Web. doi:10.2172/1342555.
Lu, Xiaonan, Singh, Ravindra, Wang, Jianhui, & Reilly, James T. Foundational Report Series: Advanced Distribution Management Systems for Grid Modernization, Business Case Calculations for DMS. United States. https://doi.org/10.2172/1342555
Lu, Xiaonan, Singh, Ravindra, Wang, Jianhui, and Reilly, James T. 2017.
"Foundational Report Series: Advanced Distribution Management Systems for Grid Modernization, Business Case Calculations for DMS". United States. https://doi.org/10.2172/1342555. https://www.osti.gov/servlets/purl/1342555.
@article{osti_1342555,
title = {Foundational Report Series: Advanced Distribution Management Systems for Grid Modernization, Business Case Calculations for DMS},
author = {Lu, Xiaonan and Singh, Ravindra and Wang, Jianhui and Reilly, James T.},
abstractNote = {Distribution Management System (DMS) applications require a substantial commitment of technical and financial resources. In order to proceed beyond limited-scale demonstration projects, utilities must have a clear understanding of the business case for committing these resources that recognizes the total cost of ownership. Many of the benefits provided by investments in DMSs do not translate easily into monetary terms, making cost-benefit calculations difficult. For example, Fault Location Isolation and Service Restoration (FLISR) can significantly reduce customer outage duration and improve reliability. However, there is no well-established and universally-accepted procedure for converting these benefits into monetary terms that can be compared directly to investment costs. This report presents a methodology to analyze the benefits and costs of DMS applications as fundamental to the business case.},
doi = {10.2172/1342555},
url = {https://www.osti.gov/biblio/1342555},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Sun Jan 01 00:00:00 EST 2017},
month = {Sun Jan 01 00:00:00 EST 2017}
}