Drivers of microgrid projects in developed and developing economies |
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| Affiliation: | 1. Institute of Regional Economics and Urban Development, Tianjin Academy of Social Sciences, No.7 Yingshui Street, Nankai District, Tianjin, 300191, China;2. State Key Laboratory of Media Convergence and Communication, Communication University of China, No.1 Dingfuzhuang East Street, Chaoyang District, Beijing, 100024, China;3. School of Economics and Management, Communication University of China, No.1 Dingfuzhuang East Street, Chaoyang District, Beijing, 100024, China;4. School of Public Management, Tianjin University of Commerce, No.409 Guangrong Street, Beichen District, Tianjin, 300134, China;5. College of Business Administration, Capital University of Economics and Business, No.121 Zhangjialukou, Fengtai District, Beijing, 100070, China;1. Department of EEE, Coimbatore Institute of Technology, Coimbatore 641014, Tamil Nadu, India;2. Major Research Project, UGC, Coimbatore Institute of Technology, Coimbatore 641014, Tamil Nadu, India;1. Advanced Energy Systems, Affiliate Faculty, Economics and Business, Colorado School of Mines, 1500 Illinois Street, Golden, Co, 80401, USA;2. Economics and Business, Colorado School of Mines, 1500 Illinois Street, Engineering Hall 329, Golden, CO, 80401, USA;3. Economics and Business, Colorado School of Mines, 1500 Illinois Ave, Engineering Hall 319, Golden, CO 80401, USA;1. LEDa, University Paris-Dauphine, University PSL, CGEMP, CNRS, 75016 Paris, France;2. Chaire European Electricity Markets, University Paris-Dauphine, PSL, 75016 Paris, France;3. Institute for High Voltage Equipment and Grids, Digitalization and Energy Economics (IAEW), RWTH Aachen University, 52062 Aachen, Germany |
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| Abstract: | This paper studies microgrid projects in developed and developing economies. In developed economies, the interest in microgrids is driven by the objectives of energy security, resilience, and democracy and emissions reduction. In developing economies, the key driver is expanding energy access. First, an industrial hybrid resource grid-connected microgrid was simulated in a developed economy using HOMER software, with good results from increased renewable energy penetration. The economic impact of energy access in a cassava root-based rural community of a developing economy was assessed. The results show improved income for the community. |
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| Keywords: | Microgrids Energy access Poverty mitigation and economic sustainability |
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