Quantitative analysis on economic impacts of installation at different sites on microgrids with multi-energy

Economic performances of a microgrid with multi-energy are effected by many factors such as the configuration of microgrid systems for the specific installation sites and cluster of loads, operation modes and dispatching schedules of the microgrid, the electricity market, energy policy and alike. And the configuration of the microgrid is the premise of all factors. This paper presents an optimization model to quantitatively evaluate the economic impacts of different installation sites on microgrids with multi-energy. In this model, optimal configuration schemes for microgrids installed at typical sites are designed by particle swarm optimization method. The economic performances of optimal configuration schemes are evaluated by the operation simulation with the proposed indexes. Those typical installation sites mentioned above belong to different regions which are divided into the five-level classifications in terms of the richness of wind and solar resource and the distributions of loads in China. The calculation results may be used for the decision-making references by the decision-makers.