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Distributed energy systems are transforming the way power is produced and distributed. The decentralized model of power generation, where energy is produced closer to where it will be used, rather than at a large plant elsewhere and sent through the traditional grid, has several advantages, including reducing transmission losses and lowering carbon emissions.

An Oct. 1 session of Experience POWER, supported by POWER magazine, titled “Economics of Distributed Energy Systems,” brought together a panel of industry executives to discuss the many economic factors that need to be considered when developing a distributed energy project. The session provided an overview of those considerations, beginning with the design of cost-effective distributed generation systems. It also looked at the economics and carbon trade-off of enabling photovoltaic integration with storage, along with systems that integrate renewables with hybrid energy storage.

The panel of industry executives included Peter Lilienthal, CEO of HOMER Energy, and developer of HOMER’s hybrid power optimization software.…

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