Networked Microgrid Optimal Design and Operations Tool: Regulatory and Business Environment Study
Microgrids aim to increase the resilience of the electric supply to the loads within the microgrid through the ability to disconnect from the distribution utility in the event of a power outage and by supplying power to the microgrid loads from a combination of multiple power generation assets and storage systems. Microgrids can also improve reliability at the distribution level by reducing the load on the system under stress conditions. Networking two or more microgrids has the potential to increase reliability and resilience at a reduced cost by taking advantage of economies of scale and increasing the diversity of the generation assets and loads. This report is part of a collaborative effort among several U.S. Department of Energy national laboratories to develop a networked microgrid (NMG) Optimal Design and Operations (OD&O) tool. This tool addresses the goal defined in the Grid Modernization Multi-Year Program Plan to develop a suite of tools that addresses functional requirements for system optimal design and the operations of NMGs.