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This paper discusses investment strategies in a microgrid system consisting of cogeneration system and renewable power generation under uncertainty in the natural gas price. Although incentives for introducing distributed energy system increase these days, volatile natural gas prices make its investment in gas fuel distributed generation systems risky. Therefore, it is important to evaluate the risk...
Microgrids may be a prospective power system that addresses the renewable energy technologies (RET) accompanying necessary growing deployment of distributed energy resources (DER), especially small-scale combined heat and power (CHP) and small-scale renewable energy sources (RES). This article introduces the RET expected to be applied in the microgrids system depending on the RES. The RET include:...
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