Sustainability and reliability assessment of microgrids in a regional electricity market
Chiara Lo Prete,
Benjamin Hobbs (),
Catherine Norman,
Sergio Cano-Andrade,
Alejandro Fuentes,
Michael R. von Spakovsky and
Lamine Mili
Energy, 2012, vol. 41, issue 1, 192-202
Abstract:
We develop a framework to assess and quantify the sustainability and reliability of different power production scenarios in a regional system, focusing on the interaction of microgrids with the existing transmission/distribution grid. The Northwestern European electricity market (Belgium, France, Germany and the Netherlands) provides a case study for our purposes. We present simulations of power market outcomes under various policies and levels of microgrid penetration, and evaluate them using a diverse set of metrics. This analysis is the first attempt to include exergy-based and reliability indices when evaluating the role of microgrids in regional power systems. The results suggest that a power network in which fossil-fueled microgrids and a price on CO2 emissions are included has the highest composite sustainability index.
Keywords: Microgrids; Sustainability; Reliability; Exergy; Economics; Multi-criteria decision making (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (29)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:41:y:2012:i:1:p:192-202
DOI: 10.1016/j.energy.2011.08.028
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