Abstract
This article investigates and compares various types of microgrids in the literature. The comparison is concerned with the economic operation of the micro-sources employed in different topologies and the reliability of the end-users. Also, the effect of each component on the performance of the overall microgrid is discussed in detail, e.g., the individual and centralized power converters, etc. The numerical simulation of a case study shows that the single AC and three wire network microgrid types are predominant over two others, namely single DC and hybrid AC-DC networks. The AC microgrid shows its benefits in market operations, while the three-wire network takes advantage of customizing loads as its reliability preferences. The DC microgrid is the worst case, suffering from high power losses and poor reliability.
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