Long-Term Cost Reductions in Solar and Renewable Technologies

Recommandations
  • Plan for long-term cost reductions in solar and renewable technologies vs. boilers or other building technologies
  • Mitigate high cost of grid infrastructure renewal with distributed microgrid systems
  • Evolve business models in alignment with new regulatory framework
  • Incorporate microgrid solutions to other utility problems (e.g. renewal of aging infrastructure) to augment benefits and limit risk
  • Empower utilities to share outcomes on cost-effective business models and create social benefits for their customers
  • Explore cost reduction through vendor integration and turnkey solutions
  • Segment microgrid applications based on customer types, technologies, value
  • Define new roles for microgrid market participation
  •  Integrate technologies to reduce cost of diesel for remote communities (applicable to emerging global markets)
Energy System Component
Storage Technology