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Quantifying Time-Varying Value Of Energy Efficiency.pdf

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Preview of Quantifying Time-Varying Value of Energy Efficiency
🔗 Source: eta-publications.lbl.gov
📊 Size: 614 KB
👤 Author: Sondra Jarvis
⬇️ Downloads: 185

Summary

The study "Time-Varying Value of Energy Efficiency" by Natalie Mims, Tom Eckman, and Chuck Goldman (July 10, 2017) aims to advance the understanding and valuation of demand-side energy efficiency measures during peak electricity demand and high prices. Funded by the DOE's Office of Energy Efficiency & Renewable Energy, the project seeks to:

1. Provide quantitative examples of energy efficiency value during system peaks.
2. Increase awareness of end-use load research and its time-varying valuation.
3. Identify research gaps in energy savings shape.
4. Recommend appropriate methodologies to value energy efficiency for meeting peak demand.

The study approach involves summarizing existing research, documenting the time-varying impacts of five energy efficiency measures in four locations, and calculating their value using seasonal or hourly avoided costs. Key definitions include end-use load shape (hourly consumption of an end-use) and energy savings shape (difference in hourly consumption post-installation of an efficiency measure). The study notes that energy savings shapes may not mimic the underlying end-use due to factors like controls and improved technology.

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Description

This work aims to quantify the value of energy efficiency during peak electricity demand and high prices. It increases awareness of end-use load research and its application to time-varying valuation of energy efficiency.

Technical Information

  • File Format: PDF
  • File Size: 614 KB
  • Pages: 26
  • Language: EN
  • Author: Sondra Jarvis
  • Total Downloads: 185
  • Last Updated: 1 week ago

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