Microgrid Revenue Plan

How can a microgrid be monetized?

For example, more sophisticated microgrid owners may explore options for how to monetize those revenue streams to raise upfront cash such as in the bond market or through securitization. Alternatively, or in addition, some microgrid projects may be eligible for grant funding or financing from a federal or state energy finance initiative.

What is a microgrid planning capability?

Planning capability that supports the ability to model and design new microgrid protection schemes that are more robust to changing conditions such as load types, inverter-based resources, and networked microgrids.

What are the different types of microgrid revenue streams?

The microgrid revenue streams can be grouped into the following categories: (i) ISO/RTO services (or bulk power markets where ISO/RTOs do not exist), (ii) contracting/retail, (iii) distribution utility services/contracts, and (iv) federal/state/local incentives or mandates.

Can microgrids be used in transmission-level resource planning?

The combination of these developments identifies benefits that microgrids can provide within many aspects of distribution planning. Ultimately, this development will enable microgrids to be included within transmission-level resource planning such as integrated resource planning processes.

Should microgrid planning and design tools be repurposed?

While microgrid planning and design tools achieve their project goals and requirements, repurposing them to meet new or evolving requirements is often a time consuming and difficult proposition.

How can microgrids participate in wholesale markets?

Microgrids must have sufficient generation or demand response available to participate in wholesale markets. They must plan to have a percentage of their capacity available for market participation while retaining sufficient resources to serve their own critical loads.