Siddiqui, Afzal S.; Marnay, Chris - In: Energy 33 (2008) 12, pp. 1729-1737
This paper examines a California-based microgrid's decision to invest in a distributed generation (DG) unit fuelled by natural gas. While the long-term natural gas generation cost is stochastic, we initially assume that the microgrid may purchase electricity at a fixed retail rate from its...