Table 11 Sensitivity analysis of key parameters on REI and system profitability.

From: A holistic approach to enhance reliability and profitability through reliable efficiency index optimization and renewable energy integration

Parameter

Base value

Variation

REI impact (%)

Profit impact (%)

Observations

Renewable energy penetration (%)

40%

± 10%

− 1.25

− 1.33

Higher penetration improves REI and profit but increases variability in grid operations

Energy storage efficiency

90%

± 5%

− 1.14

− 1.25

ESS efficiency significantly impacts REI, particularly under high renewable penetration

Carbon emission cost ($/ton)

40

± 20%

− 1.11

− 1.09

Increasing carbon costs boosts hidden revenues but may strain financial viability in fossil-reliant grids

Load variability (kW)

± 5%

± 10%

− 1.25

− 1.16

Higher variability reduces REI and profitability, highlighting the importance of robust forecasting