Global Common understands that each facility and microgrid is unique, with its own energy load profile, economic parameters, tariffs, site features and constraints. The microgrid should be designed to minimize energy costs, assure and enhance reliability and resiliency, and meet environmental objectives.
Global Common uses state-of-the-art software developed by the National Renewable Energy Laboratory (NREL) and its own proprietary models to help analyze loads, design and optimize DERs, and perform financial analyses and make projections needed to secure funding. The design process includes these steps:
- Load Analysis
- DER Analyses
- DER Optimization
- Sensitivity Analyses
- Financial Analyses and Projections
Load profiles should first be adjusted to account for energy efficiency (EE) and demand response (DR) technologies and programs. GC then evaluates different DER combinations to identify the preferred alternative. The mix of DERs may include cogeneration, fuel cells, solar PV, batteries, and/or other technologies. Finally, GC prepares financial analyses needed to support third-party financing or internal funding decisions.
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GC also performs financial analyses and arranges financing for CHP projects and microgrids. Project financing may include Property Assessed Clean Energy (PACE) funding, private equity, and/or conventional debt or other funding sources, depending on the project.