Microgrid Energy Storage Design for Reliability and Cost Performances

Improving reliability of a microgrid (MG) by incorporating Battery Energy Storage (BES) can be a cost-effective solution, hence, it should be properly assessed. A Comprehensive Microgrid Energy Storage (CMES) solution that improves both reliability and cost performance of a MG is proposed in this paper. The solution is implemented in a test MG system and the corresponding reliability, cost analysis results and potential electricity market participation of BES are presented. The results show the effectiveness of CMES solution for microgrid applications.