Abstract
Abstract This paper presents an optimisation model and cost-benefit analysis framework for the quantification of the economic, climate change, and air quality impacts of the installation of a distributed energy resource system in the area surrounding Paddington train station in London, England. A mixed integer linear programming model, called the Distributed Energy Network Optimisation (DENO) model, is employed to design the optimal energy system for the district. DENO is then integrated into a cost-benefit analysis framework that determines the resulting monetised climate change and air quality impacts of the optimal energy systems for different technology scenarios in order to determine their overall economic and environmental impacts.
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