Frankfurt (Germany), 6-9 June 2011 Rebin Said / Else Veldman – The Netherlands Session 5 – Paper 0412 Investment strategy for low voltage networks regarding new technologies in new neighbourhoods
Frankfurt (Germany), 6-9 June 2011 Overview Problem statement Investment analysis Conclusions
Frankfurt (Germany), 6-9 June 2011 Problem statement Invest now or postpone investments?
Frankfurt (Germany), 6-9 June 2011 Problem statement Invest now or postpone investments?
Frankfurt (Germany), 6-9 June 2011 Problem statement Invest now or postpone investments? Aspects Uncertainty energy transition Optimal investment moment Uncertain costs Net losses Net Present Value
Frankfurt (Germany), 6-9 June 2011 Investment analysis Investment costs depends on: technologies introduced to the network investment options
Frankfurt (Germany), 6-9 June 2011 Future technologies Multiple cases possible Two extremes MAX load - MIN generation MIN load - MAX generation Case Before simplificationAfter simplification 1)EV 2)HP 3)AIRCO 4)EV + HP 5a)EV + AIRCO (summer) EV + AIRCO 5b)EV + AIRCO (winter)EV + AIRCO 6)EV + AIRCO + HP 7a)HP + AIRCO (summer) HP + AIRCO 7b)HP + AIRCO (winter)HP + AIRCO 8)PV 9)u-CHP 10a)PV + u-CHP (summer)PV + u-CHP 10b)PV + u-CHP (winter)PV + u-CHP
Frankfurt (Germany), 6-9 June 2011 Investment options
Frankfurt (Germany), 6-9 June 2011 Investment options Option 1 Parallel Cable
Frankfurt (Germany), 6-9 June 2011 Option 1 Parallel Cable Option 2 Additional transformer Investment options
Frankfurt (Germany), 6-9 June 2011 Investment analysis Other issues, strategy 1 vs. strategy 2: Digging and installation costs will increase Higher net losses in strategy 2 Realization investments take time: potential barrier for energy transition impact on customer comfort Higher certainty when delaying investments
Frankfurt (Germany), 6-9 June 2011 Investment analysis Stategy 1: Invest now Digging & installation costs (%) Investment costs (€)
Frankfurt (Germany), 6-9 June 2011 Investment analysis Stategy 2: Postpone investments 10 years Digging & installation costs (%) Investment costs (€) 5%25% strategy 2 cheaper if digging costs increase <5% 25% increase in digging costs expected
Frankfurt (Germany), 6-9 June 2011 Investment analysis Stategy 2: Postpone investments 20 years Digging & installation costs (%) Investment costs (€) 50% strategy 2 cheaper if digging costs increase <50% 50% increase in digging costs expected
Frankfurt (Germany), 6-9 June 2011 Investment analysis Stategy 2: Postpone investments 30 years Digging & installation costs (%) Investment costs (€) 120% 75% strategy 2 cheaper if digging costs increase <120% 75% increase in digging costs expected
Frankfurt (Germany), 6-9 June 2011 Conclusions Postpone investments (strategy 2) best if investments are needed after 20 or 30 years Invest now (strategy 1) best if the investments would be needed within ten years However: conservative case investigated: high penetration of technologies and large loads low probability this will be realized within 10 years
Frankfurt (Germany), 6-9 June 2011 Conclusions Therefore, following strategy 2 by postponing the investments to a later moment would yield a more optimal investment
Frankfurt (Germany), 6-9 June 2011 Questions & Answers Rebin Said / Else Veldman – The Netherlands Session 5 – Paper 0412