Valuing Photovoltaics and Energy Efficiency in Buildings

Lead Performer: National Renewable Energy Laboratory – Golden, CO
DOE Total Funding: $100,000
Project Term: August 1, 2018 – March 31, 2019
Funding Type: Direct Funded

Project Objective

Buildings are evolving to not only consume, but also store and generate energy. Analytic frameworks and building energy demand and supply models can be updated to consider the time and locational value of energy efficiency and PV technologies both individually, but also as part of a package of technologies. The project will explore the development of metrics that go beyond capturing the cost of individual technologies and begin to explore the value of packages of technologies. Additionally, the project will also explore metrics that better capture the ability of buildings to respond to more temporally granular energy goals and grid needs.

Project Impact

The long-term goal of this project is to develop metrics and analytic frameworks that help building owners and builders to understand if the technologies they choose to invest in are not only cost-effective, but could also provide value from a grid standpoint. These forward-looking metrics and analytic frameworks would also help policymakers to design energy policies that more elegantly incorporate quantitative indicators for grid-enabled buildings, especially those that include both energy efficiency, PV and other DERs.

Contacts

DOE Technology Manager: Monica Neukomm 
Lead Performer: Monisha Shah, National Renewable Energy Laboratory