market. Applicants will report benefits and costs for two scenarios using the current state of the proposed facility as a baseline: (1) the project for which the applicant is requesting EPIC funding and (2) a scenario of market maturity, where the microgrid has been replicated on a fairly large scale. Additionally, applicants should discuss what level of microgrid penetration they would expect from their target adopters, in what time frame, and why. Project Benefits and Costs: For each of the two scenarios above (proposed project, and mature market), at the very least, applicants should discuss the costs and benefits, quantitatively wherever possible, qualitatively if need be. Applicants should explain how they derived their quantitative estimates, providing references and explain the basis of any judgements they had to make. Applicants should be transparent about uncertainty, and are welcome to provide potential ranges of costs and benefits where simple point estimates would be misleading. Applicants should discuss how the cost of the microgrid will impact its commercial viability in the future, and how they would express that cost to a potential future customer. Some examples of expected project benefits applicants may report are: Energy use reductions. If the proposed microgrid will reduce energy (kW, kWh and therm), applicants should list the annual energy savings expected, and report dollar values using the statewide average energy prices in below table or time of use (TOU) prices provided by the applicants. Electric, statewide average, 2015 dollars Sector $/kWh Residential 0.1698 Commercial 0.1564 Industrial 0.1175 Natural Gas, statewide average, 2015 dollars Sector $/therm Residential 1.00 Commercial 0.95 Industrial 0.92 Energy generated with on-site renewables. Applicants should list the annual kWh to be generated and report dollar values supported with references. To predict solar generation applicants may use the PVWatts calculator at pvwatts.nrel.gov. Net load shape. Applicants should discuss and if possible estimate or graph the net load shape of the microgrid, addressing how this would mitigate or exacerbate the duck curve.. Ramping and other ancillary services. Applicants should discuss when these services would occur, and potentially their value, and how these numbers are derived.
market. Applicants will report benefits and costs for two scenarios using the current state of the proposed facility as a baseline: (1) the project for which the applicant is requesting EPIC funding and (2) a scenario of market maturity, where the microgrid has been replicated on a fairly large scale. Additionally, applicants should discuss what level of microgrid penetration they would expect from their target adopters, in what time frame, and why. Project Benefits and Costs: For each of the two scenarios above (proposed project, and mature market), at the very least, applicants should discuss the costs and benefits, quantitatively wherever possible, qualitatively if need be. Applicants should explain how they derived their quantitative estimates, providing references and explain the basis of any judgements they had to make. Applicants should be transparent about uncertainty, and are welcome to provide potential ranges of costs and benefits where simple point estimates would be misleading. Applicants should discuss how the cost of the microgrid will impact its commercial viability in the future, and how they would express that cost to a potential future customer. Some examples of expected project benefits applicants may report are: Energy use reductions. If the proposed microgrid will reduce energy (kW, kWh and therm), applicants should list the annual energy savings expected, and report dollar values using the statewide average energy prices in below table or time of use (TOU) prices provided by the applicants. Electric, statewide average, 2015 dollars Sector $/kWh Residential 0.1698 Commercial 0.1564 Industrial 0.1175 Natural Gas, statewide average, 2015 dollars Sector $/therm Residential 1.00 Commercial 0.95 Industrial 0.92 Energy generated with on-site renewables. Applicants should list the annual kWh to be generated and report dollar values supported with references. To predict solar generation applicants may use the PVWatts calculator at pvwatts.nrel.gov. Net load shape. Applicants should discuss and if possible estimate or graph the net load shape of the microgrid, addressing how this would mitigate or exacerbate the duck curve.. Ramping and other ancillary services. Applicants should discuss when these services would occur, and potentially their value, and how these numbers are derived.