Apr 23, 2020 02:00 PM in Brussels
Smart grid initiatives generate wide range impacts which are not captured by the traditional monetary analysis.
Broader and more general assessment tools are required for estimating the actual smart grid potential.
The use of an approach which combines the Cost-Benefit Analysis (CBA) for the monetary impacts and the Multi-Criteria Analysis (MCA) for non-monetary impacts is promising to increase the accuracy of the assessment of smart grid initiatives.
As a part of ISGAN activities, the smartgrideval software is proposed a as decision support tool in the context of smart grid assessment.