Counting Time: A New Tool Estimates the Value of Efficiency, Solar and Other Distributed Resources Based on When They Save Electricity

Counting Time: A New Tool Estimates the Value of Efficiency, Solar and Other Distributed Resources Based on When They Save Electricity

April 13, 2022

 

In this webinar, researchers from Berkeley Lab share their recently released Time-Sensitive Value Calculator (Calculator). The Calculator is a publicly available, free, Excel-based tool by Berkeley Lab that estimates the value of energy efficiency and other distributed energy resource (DER) measures using hourly estimates of electricity system costs. The Calculator takes hourly profiles of up to six measures at a time and monetizes their value for six value streams, producing outputs in tabular and graphical formats. The Calculator was designed for public utility commissions, state energy offices, utilities and stakeholders to estimate the value of energy efficiency and DER measures under various future electricity system scenarios. The Calculator and supporting documents are available for download here