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>ELECTRICITY SIMULATIONS ON THE DISTRIBUTION EDGE: Developing a Granular Representation of End-User Electric Load Preferences using Smart Meter Data
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ELECTRICITY SIMULATIONS ON THE DISTRIBUTION EDGE: Developing a Granular Representation of End-User Electric Load Preferences using Smart Meter Data
The electric distribution grid is transitioning toward a model in which customers can themselves provide a variety of services to the grid,including electricity generation,by investing in distributed energy resources(DERs)such as distributed solar generation,programmable appliances,and energy storage.However,customers'incentives to make these investments depend on how they are being charged for electric service.Specifically,the way the electric distribution company allocates the cost of service into the different elements of the rate(tariff)design,such as volumetric or demand charges and time-variant or flat charges,determines the returns on investment for different types of DERs.The rate design will also be a main factor in determining where and to what extent investment in DERs are made,and whether DERs will contribute to improving system reliability and reducing electric system costs.
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