Quantification of Technical, Economic, Environmental and Social Benefits of Microgrid Operation

This chapter provides an overview of microgrid benefits in economic, technical, environmental and social aspects for a number of representative European Union member states. Each benefit item is mapped to the related stakeholder with dotted lines. The identification of microgrid benefits is a multi-objective and multi-stakeholder interest coordination task. Due to the comparatively large number of different assumptions that could impact microgrid benefits, a basic standard test condition (STC) is defined to evaluate microgrid benefits under a ?>most likely to happen?> scenario. A section demonstrates sensitivity analysis with regard to preset conditions being performed to evaluate microgrid performance under various evaluation indices. The effects of market price variations and different pricing policies on the total economic benefit on the consumer side are shown.