cover image: DER could provide $19 billion economic boost by 2040 1

20.500.12592/59zw998

DER could provide $19 billion economic boost by 2040 1

22 Apr 2024

“Pathway to accessing value-streams is sometimes unclear: Whilst minimum demand has emerged as a major priority in several jurisdictions as rooftop solar erodes demand in the middle of the day, there is limited information on the value of the opportunity, for example, what’s the value of the curtailed solar that could be unlocked? What is the value of the network service and how can it be accessed. [...] DER could provide $19 billion economic boost by 2040 27 Summary of the economic modelling of the collective benefits of DER A comprehensive analysis of the economic benefits of DER for the NEM has not been undertaken. [...] DER could provide $19 billion economic boost by 2040 28 The Project Edge CBA focuses on wholesale value of DER due to increased exports through the deployment of DOEs and seems to underestimate the potential role of DER in providing distribution network services, at only about 15% of the value of that calculated by the Baringa analysis. [...] DER could provide $19 billion economic boost by 2040 29 DOEs are essential to realise the value of DER The Project EDGE cost-benefit analysis shows for the value of DER to be unlocked, the implementation of DOEs is vital. [...] • The smart on-site use of DER reduces the use of the network and reduces network peaks (as the “sleeping duck” modelling shows), so it should reduce the cost of networks.
Pages
38
Published in
United States of America