Cost Analysis of Renewable Energy-Based Microgrids

Julieta Giraldez Miner, Shruti Singh, David Gao

Research output: Contribution to conferencePaper

10 Scopus Citations


This paper analyzes the cost composition of microgrid construction as well as the influencing key factors. The Microgrid Cost Study aims at identifying the average cost of a typical microgrid project. The project is limited to the vicinity of U.S. and hence takes into account of only existing microgrid projects in U.S. The project's objective is to find cost of microgrid and its individual components for next 5 years. This will help in R&D for future microgrid projects as well as help investors/developers/researchers get an idea about the cost of their projects that they might want to start in near future.
Original languageAmerican English
Number of pages4
StatePublished - 2017
Event2017 North American Power Symposium (NAPS) - Morgantown, West Virginia
Duration: 17 Sep 201719 Sep 2017


Conference2017 North American Power Symposium (NAPS)
CityMorgantown, West Virginia

NREL Publication Number

  • NREL/CP-5D00-70964


  • cost analysis
  • isolated power system
  • microgrid
  • principal component analysis


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