Abstract: A method and system of optimizing microgrid operations is provided. One or more intelligent microgrid coordinators interface with the microgrid such that those microgrid coordinators are able to measure and control all microgrid asset activities. The microgrid coordinator is used to forecast the microgrid's demanded load more accurately, and assign asset commands so as to optimize microgrid consumption, generation, and storage of load. The method and system incorporate a valuation of dispatchable load in optimization functions. The microgrid coordinator is further used to protect the microgrid assets from over-current situations when the microgrid is connected to the bulk electric system and when islanded. The method and system provide a means to test the microgrid controller prior to implementation on the microgrid in order to assure proper operation.

Abstract: A method and system of optimizing microgrid operations is provided. One or more intelligent microgrid coordinators interface with the microgrid such that those microgrid coordinators are able to measure and control all microgrid asset activities. The microgrid coordinator is used to forecast the microgrid's demanded load more accurately, and assign asset commands so as to optimize microgrid consumption, generation, and storage of load. The method and system incorporate a valuation of dispatchable load in optimization functions. The microgrid coordinator is further used to protect the microgrid assets from over-current situations when the microgrid is connected to the bulk electric system and when islanded. The method and system provide a means to test the microgrid controller prior to implementation on the microgrid in order to assure proper operation.

Abstract: A process/method is provided, which facilitates resource optimization considering all dispatchable resources as well as user rate charges, which are rate charges comprised of a base rate plus an incremental excess fee associated with designated usage parameters. The proposed system and method may utilize inputs to construct a periodic load profile over varied periods of time. The disclosure relates to forming a periodic load profile over varied periods of time based upon considerations of short-term and long-term cost for uses within microgrids to create microgrid resource schedules that optimize usage of loads and generation resources within a microgrid for minimizing both short-term energy charges and long-term demand charges while increasing microgrid resource efficiencies.

Abstract: A method and system of optimizing microgrid operations is provided. One or more intelligent microgrid coordinators interface with the microgrid such that those microgrid coordinators are able to measure and control all microgrid asset activities. The microgrid coordinator is used to forecast the microgrid's demanded load more accurately, and assign asset commands so as to optimize microgrid consumption, generation, and storage of load. The method and system incorporate a valuation of dispatchable load in optimization functions. The microgrid coordinator is further used to protect the microgrid assets from over-current situations when the microgrid is connected to the bulk electric system and when islanded. The method and system provide a means to test the microgrid controller prior to implementation on the microgrid in order to assure proper operation.

Abstract: In the past, in electrical power networks, the effects on the system of particular contingencies, such as a given power line being interrupted, have been modelled off-line, so that the proper response to that contingency can be planned ahead of time and acted upon quickly in the event of such contingency. Such models have generally been overly conservative adding considerable cost to power systems.