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Microgrids, as small-scale power systems, comprise various types of distributed energy resources (DERs) installed next to loads. Islanding, as a salient feature of microgrids, requires adequate installed dispatchable capacity to fully supply local critical loads when disconnected from the utility grid. There is however a great potential that this installed capacity is underutilized, resulting in negative...
This paper presents a model for the microgrid planning problem with uncertain physical and financial information. The microgrid planning problem investigates the economic viability of microgrid deployment and determines the optimal generation mix of distributed energy resources (DERs) for installation. Net metering is considered for exchanging power with the main grid and lowering the cost of unserved...
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