Sentences with phrase «locational benefits»

Besides adding locational benefits to the avoided cost, it shifted the definition of avoided cost from the lowest estimated price a utility would have to pay to obtain power from a new natural gas plant to the lowest estimated price a utility would have to pay to obtain power from a comparable resource.

In states like California where there is no competitive REC market, the CPUC could set this additional return so that, combined with the total avoided cost (including locational benefits and comparable resource valuation), it adds up to the cost of generation plus a reasonable profit.

Besides granting the higher return to CHP systems, it granted value to the «locational benefits» of distributed medium - sized projects located at or near where their power is consumed because, it acknowledged, DG avoids the costs of using existing wires and the costs of building new wires and infrastructure.