Financial aspects of micro- and pico- community energy systems

Vanesa Castan Broto; David Jones; Sandy  Robinson; Enora Robin; Joshua Daniel Kirshner

Financial aspects of micro- and pico- community energy systems

Vanesa Castan Broto, David Jones, Sandy Robinson, Enora Robin, Joshua Daniel Kirshner

Environment and Geography

Research output: Book/Report › Commissioned report

Abstract

This briefing reviews the financial aspects of micro- and pico- grid community energy systems. Most guidance has been developed for micro-grids, particularly those that operate commercially. However, micro- and pico- systems, given their smaller size (1 to 50kW), may depend on different funding mechanisms than larger projects. Apart from size, the resource and material requirements of a small community energy system may change them qualitatively.

This briefing discusses some principles for the financial management of micro- and pico-electrical grids, and outlines steps for the development of a financial plan, drawing on previous experiences with micro-grids. It also provides a summary of the different types of costs that will need to be considered, a discussion of additional costs which may be particularly relevant in community energy systems (CES), and concludes with a discussion of the different ways in which cost-recovery could be considered.

Original language	English
Place of Publication	Sheffield, UK
Publisher	CESET (UKRI-GCRF)
Number of pages	6
Publication status	Published - 22 Mar 2021

Publication series

Name	CESET Briefs

Keywords

community energy
Southern Africa
East Africa

Access to Document

CESET briefing 2_Financial aspects of community energy systems
This is an open access briefing paper
Final published version, 504 KBLicence: Other

Cite this

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title = "Financial aspects of micro- and pico- community energy systems",

abstract = "This briefing reviews the financial aspects of micro- and pico- grid community energy systems. Most guidance has been developed for micro-grids, particularly those that operate commercially. However, micro- and pico- systems, given their smaller size (1 to 50kW), may depend on different funding mechanisms than larger projects. Apart from size, the resource and material requirements of a small community energy system may change them qualitatively.This briefing discusses some principles for the financial management of micro- and pico-electrical grids, and outlines steps for the development of a financial plan, drawing on previous experiences with micro-grids. It also provides a summary of the different types of costs that will need to be considered, a discussion of additional costs which may be particularly relevant in community energy systems (CES), and concludes with a discussion of the different ways in which cost-recovery could be considered.",

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AU - Robinson, Sandy

AU - Robin, Enora

AU - Kirshner, Joshua Daniel

PY - 2021/3/22

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N2 - This briefing reviews the financial aspects of micro- and pico- grid community energy systems. Most guidance has been developed for micro-grids, particularly those that operate commercially. However, micro- and pico- systems, given their smaller size (1 to 50kW), may depend on different funding mechanisms than larger projects. Apart from size, the resource and material requirements of a small community energy system may change them qualitatively.This briefing discusses some principles for the financial management of micro- and pico-electrical grids, and outlines steps for the development of a financial plan, drawing on previous experiences with micro-grids. It also provides a summary of the different types of costs that will need to be considered, a discussion of additional costs which may be particularly relevant in community energy systems (CES), and concludes with a discussion of the different ways in which cost-recovery could be considered.

AB - This briefing reviews the financial aspects of micro- and pico- grid community energy systems. Most guidance has been developed for micro-grids, particularly those that operate commercially. However, micro- and pico- systems, given their smaller size (1 to 50kW), may depend on different funding mechanisms than larger projects. Apart from size, the resource and material requirements of a small community energy system may change them qualitatively.This briefing discusses some principles for the financial management of micro- and pico-electrical grids, and outlines steps for the development of a financial plan, drawing on previous experiences with micro-grids. It also provides a summary of the different types of costs that will need to be considered, a discussion of additional costs which may be particularly relevant in community energy systems (CES), and concludes with a discussion of the different ways in which cost-recovery could be considered.

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KW - Southern Africa

KW - East Africa

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BT - Financial aspects of micro- and pico- community energy systems

PB - CESET (UKRI-GCRF)

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