Evaluating LCOE in sustainable microgrids for smart city applications

A microgrid can be considered a profitable solution to be adopted in smart cities if it is marketable, i.e. more, or at least equally convenient than other traditional energy supply sources. Different economic parameters can be defined to determine its affordability. In particular, the LCOE (Leveliz...

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Main Authors: Bracco Stefano, Delfino Federico, Laiolo Paola, Pagnini Luisa, Piazza Giorgio
Format: Article
Language:English
Published: EDP Sciences 2019-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/39/e3sconf_supehr18_03006.pdf
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author Bracco Stefano
Delfino Federico
Laiolo Paola
Pagnini Luisa
Piazza Giorgio
author_facet Bracco Stefano
Delfino Federico
Laiolo Paola
Pagnini Luisa
Piazza Giorgio
author_sort Bracco Stefano
collection DOAJ
description A microgrid can be considered a profitable solution to be adopted in smart cities if it is marketable, i.e. more, or at least equally convenient than other traditional energy supply sources. Different economic parameters can be defined to determine its affordability. In particular, the LCOE (Levelized Cost of Electricity) is the most popular indicator adopted in the energy sector, widely used both for conventional and renewable power sources. However, the use of this metric still disregards important aspects that concerns microgrid applications. After providing a state-of-the-art of the use of LCOE, the present paper proposes a new methodology for sustainable microgrids in smart city, taking into account benefits due to cogeneration and trigeneration, integration costs as well as positive and negative side effects.
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spelling doaj.art-87bc9a8ee0554473aacb64f42a69c26f2022-12-21T20:28:29ZengEDP SciencesE3S Web of Conferences2267-12422019-01-011130300610.1051/e3sconf/201911303006e3sconf_supehr18_03006Evaluating LCOE in sustainable microgrids for smart city applicationsBracco Stefano0Delfino Federico1Laiolo Paola2Pagnini Luisa3Piazza Giorgio4University of Genoa, DITEN (Electrical, Electronics and Telecommunication Engineering and Naval Architecture Department)University of Genoa, DITEN (Electrical, Electronics and Telecommunication Engineering and Naval Architecture Department)University of Genoa, DITEN (Electrical, Electronics and Telecommunication Engineering and Naval Architecture Department)University of Genoa, DICCA (Department of Civil, Chemical and Environmental Engineering)University of Genoa, DITEN (Electrical, Electronics and Telecommunication Engineering and Naval Architecture Department)A microgrid can be considered a profitable solution to be adopted in smart cities if it is marketable, i.e. more, or at least equally convenient than other traditional energy supply sources. Different economic parameters can be defined to determine its affordability. In particular, the LCOE (Levelized Cost of Electricity) is the most popular indicator adopted in the energy sector, widely used both for conventional and renewable power sources. However, the use of this metric still disregards important aspects that concerns microgrid applications. After providing a state-of-the-art of the use of LCOE, the present paper proposes a new methodology for sustainable microgrids in smart city, taking into account benefits due to cogeneration and trigeneration, integration costs as well as positive and negative side effects.https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/39/e3sconf_supehr18_03006.pdf
spellingShingle Bracco Stefano
Delfino Federico
Laiolo Paola
Pagnini Luisa
Piazza Giorgio
Evaluating LCOE in sustainable microgrids for smart city applications
E3S Web of Conferences
title Evaluating LCOE in sustainable microgrids for smart city applications
title_full Evaluating LCOE in sustainable microgrids for smart city applications
title_fullStr Evaluating LCOE in sustainable microgrids for smart city applications
title_full_unstemmed Evaluating LCOE in sustainable microgrids for smart city applications
title_short Evaluating LCOE in sustainable microgrids for smart city applications
title_sort evaluating lcoe in sustainable microgrids for smart city applications
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/39/e3sconf_supehr18_03006.pdf
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