Cost-Benefit Analysis of Distributed Energy Systems Considering the Monetization of Indirect Benefits

Driven by market value, a co-benefits assessment framework to encompass various benefits arising from distributed energy systems is developed. Using a monetization approach, a quantitative analysis model is established to evaluate both direct and indirect benefits. According to the simulation results of typical distributed energy systems, the distributed photovoltaic (PV) system demonstrates superior economic performance compared with the gas-fired distributed energy system, highlighting its potential for widespread commercialization. Moreover, the inclusion of indirect benefits significantly enhances the economic viability of the distributed energy system. While the PV system exhibits a more favorable promotional impact, it also renders the gas-fired distributed energy system commercially feasible.