Cost Analysis of Renewable Energy-Based Microgrids

Julieta Giraldez Miner; Shruti Singh; David Gao

doi:10.1109/NAPS.2017.8107241

Cost Analysis of Renewable Energy-Based Microgrids

Julieta Giraldez Miner, Shruti Singh, David Gao

Power Systems Engineering

University of Denver

Research output: Contribution to conference › Paper

10 Scopus Citations

Abstract

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 language	American English
Number of pages	4
DOIs	https://doi.org/10.1109/NAPS.2017.8107241
State	Published - 2017
Event	2017 North American Power Symposium (NAPS) - Morgantown, West Virginia Duration: 17 Sep 2017 → 19 Sep 2017

Conference

Conference	2017 North American Power Symposium (NAPS)
City	Morgantown, West Virginia
Period	17/09/17 → 19/09/17

NREL Publication Number

NREL/CP-5D00-70964

Keywords

cost analysis
isolated power system
microgrid
principal component analysis

Access to Document

10.1109/NAPS.2017.8107241

Cite this

@conference{b66c9bf75cca43b1ac2ac18e5d33b7d5,

title = "Cost Analysis of Renewable Energy-Based Microgrids",

abstract = "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.",

keywords = "cost analysis, isolated power system, microgrid, principal component analysis",

author = "{Giraldez Miner}, Julieta and Shruti Singh and David Gao",

year = "2017",

doi = "10.1109/NAPS.2017.8107241",

language = "American English",

note = "2017 North American Power Symposium (NAPS) ; Conference date: 17-09-2017 Through 19-09-2017",

}

TY - CONF

T1 - Cost Analysis of Renewable Energy-Based Microgrids

AU - Giraldez Miner, Julieta

AU - Singh, Shruti

AU - Gao, David

PY - 2017

Y1 - 2017

N2 - 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.

AB - 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.

KW - cost analysis

KW - isolated power system

KW - microgrid

KW - principal component analysis

U2 - 10.1109/NAPS.2017.8107241

DO - 10.1109/NAPS.2017.8107241

M3 - Paper

T2 - 2017 North American Power Symposium (NAPS)

Y2 - 17 September 2017 through 19 September 2017

ER -

Cost Analysis of Renewable Energy-Based Microgrids

Abstract

Conference

NREL Publication Number

Keywords

Access to Document

Fingerprint

Cite this