According to IEEE, a microgrid is a group of interconnected loads and distributed energy resources [.
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Microgrid controller costs reported in the database per megawatt range from $6,200/MW to $470,000/MW, with a mean of $155,000/MW. The soft cost category exhibits a high degree of variability, ranging from 1% to 75%.
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It combines different power inputs (small wind turbines, solar PV panels, and AC/DC rectifier) with an internal lithium-ion battery for backup, network connectivity, and continuous power for communication equipment.
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Solid Oxide Fuel Cells, Combined Heat-Power Systems, Small Turbine Generators or Reciprocal Engines are all types of primary power sources that can be installed on-site and can supply the microgrids with continuous, reliable, 24/7 baseload energy.
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