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  • 1
    Electronic Resource
    Electronic Resource
    Palo Alto, Calif. : Annual Reviews
    Annual Review of Environment and Resources 22 (1997), S. 155-185 
    ISSN: 1056-3466
    Source: Annual Reviews Electronic Back Volume Collection 1932-2001ff
    Topics: Energy, Environment Protection, Nuclear Power Engineering
    Notes: Abstract The distributed utility concept provides an alternate approach to guide electric utility expansion. The fundamental idea within the distributed utility concept is that particular local load increases can be satisfied at least cost by avoiding or delaying the more traditional investments in central generation capacity, bulk transmission expansion, and local transmission and distribution upgrades. Instead of these investments, the distributed utility concept suggests that investments in local generation, local storage, and local demand-side management technologies can be designed to satisfy increasing local demand at lower total cost. Critical to installation of distributed assets is knowledge of a utility system's area- and time-specific costs. This review introduces the distributed utility concept, describes an application of ATS costs to investment planning, discusses the various motivations for further study of the concept, and reviews relevant literature. Future research directions are discussed.
    Type of Medium: Electronic Resource
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  • 2
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    Unknown
    New York : Periodicals Archive Online (PAO)
    Journal of policy analysis and management. 7:3 (1988:Spring) 548 
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  • 3
    Electronic Resource
    Electronic Resource
    Springer
    Journal of regulatory economics 15 (1999), S. 93-110 
    ISSN: 1573-0468
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract We show that commonly used "avoided cost" rules, which evaluate investment alternatives by comparing their costs to forecasts of future expected cost, are fundamentally flawed for choosing local area investments in distribution capacity. Use of avoided cost rules: 1) confuses cost-effectiveness tests with benefit-cost tests; 2) makes inappropriate marginal comparisons and violates necessary optimality conditions because of the "lumpy" nature of many distribution system investments; 3) fails to incorporate the effects of uncertainty properly; 4) necessarily leads to excess deferral or traditional distribution capacity investments with distributed generation and DSM investments; and 5) does not lead to lowest expected cost investment plans. We conclude by outlining a more appropriate approach to evaluating distribution investments based on evaluations of actual cash flows associated with investment alternatives under uncertainty.
    Type of Medium: Electronic Resource
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  • 4
    Publication Date: 1997-11-01
    Description: ▪ Abstract  The distributed utility concept provides an alternate approach to guide electric utility expansion. The fundamental idea within the distributed utility concept is that particular local load increases can be satisfied at least cost by avoiding or delaying the more traditional investments in central generation capacity, bulk transmission expansion, and local transmission and distribution upgrades. Instead of these investments, the distributed utility concept suggests that investments in local generation, local storage, and local demand-side management technologies can be designed to satisfy increasing local demand at lower total cost. Critical to installation of distributed assets is knowledge of a utility system's area- and time-specific costs. This review introduces the distributed utility concept, describes an application of ATS costs to investment planning, discusses the various motivations for further study of the concept, and reviews relevant literature. Future research directions are discussed.
    Print ISSN: 1056-3466
    Topics: Energy, Environment Protection, Nuclear Power Engineering
    Published by Annual Reviews
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