Abstract:Summary
Future cost reductions in renewable generation and storage technologies hold promise for dramatic changes in the design, cost and carbon emissions from microgrids. Microgrid design depends nonlinearly on technology costs and this article analyzes this non‐linear relationship by developing an analogy between phase transitions in physical systems and microgrid design. Technology costs are akin to state variables that influence the “phase” of the system, described by the presence and activity of different… Show more
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