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Optimisation framework for the design and operation of open-market urban and remote community microgrids

N. Meena,Jin Yang,E. Zacharis

2019 · DOI: 10.1016/J.APENERGY.2019.113399
Applied Energy · 62 Citations

TLDR

A new business model considering multiple stakeholders is proposed to develop a framework for third-party investment and future flexible retail electricity market in community microgrids and an improved version of the genetic algorithm is employed to optimise decision variables in both the stages.