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Moreover, at the firm level, energy efficiency improvements benefit the firm´s reputation and brand value because consumers are increasingly becoming environmentally conscious (see for example [13] or [2]).
The analytical results show that transport improvements benefit landowners or developers rather than tenants under the scenario of homogeneous value of time; and benefit people with a higher income more under the scenario of heterogeneous value of time.
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Agroforestry systems also yield proven strategies for long-term carbon sequestration, soil enrichment, biodiversity conservation, and air- and water-quality improvements, benefiting both the landowners and society.
In this case, reliability improvement benefit is just decided by S res of BESS.
Based on the above analysis, reliability improvement benefit of BESS is calculated in two cases.
Section 3 describes calculation method of BESS reliability improvement benefit in two cases.
The optimal BESS capacity and sizing problem are solved by cost-benefit analysis considering the reliability improvement benefit of BESS.
Though reliability improvement benefit was also calculated in [9], with no consideration of grid structure would lead to inaccurate results.
In system failure status, reliability improvement benefit of BESS B rel is calculated through numerical calculation method proposed in this paper.
The influence of normal status on reliability improvement benefit B rel has been considered (through remaining capacity of BESS S res).
Therefore, in this case, reliability improvement benefit of BESS is decided by the relationship between DG output and remaining capacity of BESS (S res) when fault occurs.
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