Design of a grid-connected campus microgrid considering energy efficiency and financial feasibility

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dc.contributor.affiliationKookmin University
dc.contributor.affiliationKookmin University
dc.contributor.affiliationKookmin University
dc.contributor.affiliationKorea Electric Power Corporation
dc.contributor.authorVu, Ba Hau
dc.contributor.authorHusein, Munir Aminu
dc.contributor.authorChung, Il-Yop
dc.contributor.authorCho, Jintae
dc.contributor.countryThe Republic Of Korea
dc.contributor.countryThe Republic Of Korea
dc.contributor.countryThe Republic Of Korea
dc.contributor.countryThe Republic Of Korea
dc.contributor.detailedauthorVu, Ba Hau, Kookmin University, The Republic Of Korea
dc.contributor.detailedauthorHusein, Munir Aminu, Kookmin University, The Republic Of Korea
dc.contributor.detailedauthorChung, Il-Yop, Kookmin University, The Republic Of Korea
dc.contributor.detailedauthorCho, Jintae, Korea Electric Power Corporation , The Republic Of Korea
dc.date.accessioned2019-12-19T18:20:42Z
dc.date.available2019-12-19T18:20:42Z
dc.date.conferencedate7 - 8 June 2018
dc.date.issued2018-06-07
dc.description.abstractMicrogrids have been recognized as one of the most efficient energy solutions to power critical assets such as universities, hospitals, and industrial sectors. This paper presents the design of a grid-connected campus microgrid based on financial analysis. The design takes into account economic effects of energy efficiency control and evaluates microgrid financial feasibility based on economic measures including lifecycle cost, net present value, and simple payback period. In this research, financial analysis for the microgrid is conducted in Microgrid Decision Support Tool.
dc.description.conferencelocationLjubljana, Slovenia
dc.description.conferencenameCIRED 2018 Ljubljana Workshop
dc.description.openaccessYes
dc.description.peerreviewedYes
dc.description.sessionArchitecture and system development
dc.description.sessionid2
dc.identifier.isbn978-2-9602415-1-8
dc.identifier.issn2032-9628
dc.identifier.urihttps://www.cired-repository.org/handle/20.500.12455/1215
dc.identifier.urihttp://dx.doi.org/10.34890/344
dc.language.isoen
dc.publisherAIM
dc.relation.ispartProc. of CIRED 2018 Ljubljana Workshop
dc.relation.ispartofseriesCIRED Workshop Proceedings
dc.titleDesign of a grid-connected campus microgrid considering energy efficiency and financial feasibility
dc.title.number0143
dc.typeConference Proceedings
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