Distributed energy resourcesProject Networks Renewed
This report provides a sample business case for demonstrating that the use of behind the meter inverter control can be an economic solution to regulating voltages.
This report provides a sample business case for demonstrating that the use of behind the meter inverter control can be an economic solution to regulating voltages. For each demonstration, the business cases used are described. The framework for doing this was built around the business model canvas – a method that provides a compact overview regarding all aspects of a business model.
The report outlines how the value of network services can be realised, and this includes a comparison table of the technical requirements, performance, and cost of behind the meter inverter control against traditional voltage regulation options. It also assesses the market participation value when providing aggregated FCAS, drawing on results from the NSW demonstration.
Relevant findings are references from the Electricity Network Transformation Roadmap in consultation with the Energy Networks Association (ENA).
A final section reviews how behind the meter inverter control could be more rapidly deployed in NSW, including policy measures, knowledge sharing activities for customers, networks and technology providers, accelerated technical development and integration, and advancement of viable business models. This complements a report that was previously delivered to the Victorian government addressing their context.