Microgrid: A strategy to develop distributed renewable energy resource

Growing concern for environmental issues poses significant chance to utilization of distributed renewable energy resource. The intermittent nature of renewable energy put power system at risk Microgrid is introduced as a strategy to integrate renewable energy resource from various locations with power system. Eventually, Microgrid Renewable Energy Utilization Mechanism is proposed to provide an institutional guarantee and a trading platform for renewable energy resource utilization in the units of microgrid.