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.
Bibliographical noteFunding 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.
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- Public policy
- Renewable power