Document number Finding Financial Solutions & Models for Microgrids Maryland Clean Energy Summit Panel Wednesday, October 16, 2013 DNV GL Energy One company serving the needs of the energy market place Policy & Strategy Production Trading Transport & Distribution Use Business and technical consultancy, expert advice, operational services Testing, inspections, certification, verification Risk, performance, and quality management Research & innovation – Up to 5% of annual revenue spent on R&D DNV GL now a 17,000 person team, over $4 Billion in revenues, DNV GL Energy: 3,300+ experts continents, combined heritage of nearly 150 years 2 What is a Microgrid? Technically…A “microgrid” is an integrated energy system of distributed energy resources & multiple electrical loads operating in a single, autonomous grid—either in parallel to or ‘islanded’ from the existing utility power grid 3 These Devices Are Brought Together to Form an Asset Components communicate and leverage markets to introduce savings Onshore Wind Offshore Wind CHP District Heating Power Trading Demand Response Renewable DG PV Solar Energy Management Center Energy Storage 4 Panel Focus Experience and Insights to Financing the Technologies Goal is to help participants understand the models, challenges, or publicprivate partnerships the encourage further deployment. Today’s panelist - John Christmas Senior Vice President, Hannon Armstrong - Eric Herman Senior Financial Services Manager, Infrastructure and Cities; Siemens - Jessica Harrison Principal Consultant; DNV GL Energy 5 www.dnvkema.com Richard Fioravanti VP, Distributed Energy Resources DNV KEMA Energy & Sustainability Richard.Fioravanti@dnvkema.com O: (703) 631-8488 M: (703) 216-7194 www.dnv.com