Abstract
This paper deals with the impact of policy decisions on optimal microgrid design. A generic system is considered consisting of solar photovoltaics, wind turbine, microturbines, electric boiler, gas-fired boiler, and a battery bank. The microgrid is grid-connected and designed to supply both heat and power. An optimal design is found to minimize the cost of energy supply over a 20 year lifespan. The optimal design is analyzed under a variety of policy scenarios such as emission taxation, emission reduction, and minimum system autonomy.
Original language | English (US) |
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Pages (from-to) | 364-375 |
Number of pages | 12 |
Journal | Computers and Chemical Engineering |
Volume | 81 |
DOIs | |
State | Published - Nov 2 2014 |
Bibliographical note
Funding Information:This material is based upon work supported by the National Science Foundation Graduate Research Fellowship Program under Grant No. 00039202 . Partial financial support from the University of Minnesotas Initiative for Renewable Energy and the Environment (IREE) project RL-0010-13 is also acknowledged.
Publisher Copyright:
© 2015 Elsevier Ltd.
Copyright:
Copyright 2016 Elsevier B.V., All rights reserved.
Keywords
- Microgrid
- Optimization
- Public policy
- Renewable power