Microgrids provide opportunities to develop new electrical networks
targeted for the needs of communities. The fourth industrial
revolution is associated with the global trend toward
decentralizing energy grids. Within this context, microgrids are
seen as a solution to how renewable electricity can be supplied to
local areas. The Fundamentals of Microgrids: Development and
Implementation provides an in-depth examination of microgrid energy
sources, applications, technologies, and policies. This book
considers the fundamental configurations and applications for
microgrids and examines their use as a means of meeting
international sustainability goals. It focuses on questions and
issues associated with microgrid topologies, development,
implementation and regulatory issues. Distributed energy resources
are defined, stand-a-lone generation systems are described and
examples of typical microgrid configurations are provided. The key
components of developing a business model for microgrid development
are also considered. Features: Describes what microgrids are and
details the basics of how they work while considering benefits of
microgrids and their disadvantages. Provides answers to the
fundamental questions energy managers and other professionals want
to know about the basics of microgrids. Details the applications
for microgrids and demystifies the types of microgrid architectures
that are successful. Includes real-world examples of functioning
microgrids which provide models for the development of microgrids
in the future. Discusses the key considerations that must be
addressed to develop a business case for microgrid development.
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