Title :
Modeling resource, infrastructure, and policy cost layers for optimizing renewable energy investment and deployment
Author :
Sukumar, Sreenivas R. ; Olama, Mohammed M. ; Shankar, Mallikarjun ; Hadley, Stanton ; Nutaro, James J. ; Protopopescu, Vladimir ; Malinchik, Sergey ; Ives, Barry
Author_Institution :
Oak Ridge Nat. Lab., Oak Ridge, TN, USA
Abstract :
This paper presents a framework for creating a common spatial canvass that can bring together considerations of resource availability, infrastructure reliability, and development costs while strategizing renewable energy investment. We describe the underlying models and methodologies that annotate an investment plan for potential sites over a time-period with costs and constraints which may be imposed on distance from infrastructure, system impact on infrastructure, and policy incentives. The framework is intended as an enabler for visualization, optimization and decision making across diverse dimensions while searching for lucrative investment-plans.
Keywords :
energy management systems; fuel economy; government policies; investment; optimisation; power engineering computing; renewable energy sources; decision making; infrastructure reliability; investment plan potential sites; lucrative investment plans; policy cost layers; policy incentives; renewable energy deployment; renewable energy investment optimization; resource availability; spatial canvass; Biological system modeling; Electric potential; Generators; Investments; Power transmission lines; Production; Renewable energy resources;
Conference_Titel :
Innovative Technologies for an Efficient and Reliable Electricity Supply (CITRES), 2010 IEEE Conference on
Conference_Location :
Waltham, MA
Print_ISBN :
978-1-4244-6076-2
DOI :
10.1109/CITRES.2010.5619869