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Original scientific paper

COST-BENEFIT ANALYSIS OF SMART GRIDS PROJECTS IMPLEMENTATION

MARIJANA PONGRAŠIĆ orcid id orcid.org/0000-0002-9391-1748 ; Končar - Mjerni transformatori d.d.
ŽELJKO TOMŠIĆ orcid id orcid.org/0000-0002-4948-964X ; Faculty of Electrical Engineering and Computing, University of Zagreb Unska 3, 10000 Zagreb, Croatia


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Abstract

Smart Grids are one of a key component of the EU strategy towards a lowcarbon
energy future and efficient energy use. From an economic point of view, it's
main characteristic is big investment, and benefits are seen after some time with
risk of being smaller than expected. Therefore it is important to make a
comprehensive cost-benefit analysis of those projects.
Paper presents restrictions of current electric power networks along with
solutions that are offered by Smart Grids. Guidelines for conducting the cost-benefit
analysis of Smart Grid projects are compared and applied on pilot projects, to
demonstrate use of methodologies for reducing uncertainties and incentivizing
investments. As a part of qualitative analysis, social aspect of Smart Grid projects
is described.
In the end of this paper, it is given an overview of what has been done and
what will be done in European Union.

Keywords

Smart Grids; cost-benefit analysis; electric power system; social aspect

Hrčak ID:

199742

URI

https://hrcak.srce.hr/199742

Publication date:

15.12.2017.

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