ABSTRACT
A 30-year financial model and business case is presented for implementing a microgrid at an Ontario school to meet their energy needs and net-zero carbon emissions. The project considers several factors including capital expenses, electricity and natural gas cost projections, CO2 emission credits, efficiency measures, demand charge mitigation [and non-monetary benefits]. Ontario-specific policies and incentives are discussed. This project provides multiple scenario evaluations and sensitivity analyses of factors that could sway the economic feasibility of similar projects.
Disclosure statement
No potential conflict of interest was reported by the authors.