By Bruno G. Kamdem et al.
Published in Renewable and Sustainable Energy Reviews (Volume 80, December 2017, Pages 1597-1612)
This paper formulates a model that assesses the economic and policy implications of the adoption and operation of microgrids. The authors employ a modified Benders’ decomposition approach to explore the optimal scheduling of supply from different technology units in the microgrid in the face of supply and demand uncertainties. The authors implement their model in a quantitative numerical analysis where they investigate the operational regulation in the light of a public environmental policy.
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