[E&E seminars] Economics of Applying Micro Cogeneration Systems in the Electricity Infrastructure

Karen Gibson kgibson at MIT.EDU
Thu Apr 24 19:11:20 EDT 2008


Date: Monday, April 28, 20008

Time: 10:00 AM to 11:00 AM

Location: E40-496

Title: "Economics of Applying Micro Cogeneration Systems in the  
Electricity Infrastructure"

Speaker: Michiel Houwing, PhD Candidate. Faculty of Technology, Policy  
and Management - Delft University of Technology, The Netherlands



Abstract:

Distributed energy resources (DER = distributed power generation,  
local energy storage, load management) combined with the introduction  
of novel ICT infrastructures enable 'smart power systems'.

This research deals with the design and analysis of DER coordination  
regimes in order to provide insight into possible economic benefits of  
such regimes for households and load serving entities when using DER- 
electricity in energy markets.

The research focuses on domestic combined heat and power systems (=  
microCHP) based on Stirling technology. MicroCHP units are expected to  
become important next generation home heating systems in certain  
developed nations. The large-scale adoption of microCHP can  
substantially contribute to meeting energy efficiency and CO2- 
reduction policy goals.

Results from simulation studies show the possible economic benefits of  
the intelligent control of microCHPs in power systems.
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