Microgrid Sizing Capability v 1.0

Abstract

The MSC is an optimization model, written in Python, that is used to make an initial determination of the types and quantities of electric power generation and energy storage technologies that should be purchased when developing a microgrid. In addition to determining which technologies to purchase, the model determines the optimal policies for operating the microgrid. The model selects the purchases and operating polices in a manner that minimizes annual energy costs (operating costs plus annualized capital costs), while ensuring that that the purchased technologies are paid back within a reasonable timeframe.