ARVADA, Colo., April 16, 2019 /PRNewswire/ — Lumidyne Consulting LLC announced today the release of a new modeling Software as a Service (SaaS) tool that helps electric distribution utilities, cities and other organizations integrate distributed energy resources (DERs) into their planning processes. The modeling software, named SPIDER™ (Spatial Penetration and Integration of Distributed Energy Resources), is able to: Forecast spatial adoption and grid impacts of solar PV, electric vehicles (EVs) and battery storage Help grid planners minimize distribution system costs while ensuring system reliability Help city planners estimate EV charging station infrastructure requirements Rapidly update forecasts with new data through automated calibration Analyze different policy, technology or electric rate scenarios Account for interactions among and uncertainty across DERs Cory Welch, founder and president of Lumidyne Consulting, notes that “failing to fully account for DERs in the planning process can result in higher distribution system costs or reduced distribution system reliability.”A recent NREL study bolsters this argument and suggests that “the utility-cost impacts of mis-forecasting [distributed] PV adoption can be non-trivial … up to $7 million per terawatt-hour (TWh) of electricity sales.” The state of Californiaalready requires investor-owned utilities (IOUs) to integrate DERs into their distribution planning processes. Other states (e.g., Nevada and Minnesota) are quickly following suit, and the trend is expected to continue as DERs take hold in other jurisdictions. Lumidyne’s SPIDER model employs… continue reading
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Source: CTRM Center