Abstract

The energy demand of the world is increasing day by day with the increase in the population. The exhaustion of fossil fuels and the rise in global temperature incurred due to drastic climate change have shifted the attention of nations toward the renewable energy sources. For developing nations the microgrid energy systems based on renewables are the key players to meet their overall energy demand that is anticipated with economic growth. However, the microgrid project deployment for the electrification of rural villages as well as modern cities seeks the attention of the utility, governments, institutions, and other major private institutions. The efficient designing and deployment of microgrids is one of the major concerns of various stakeholders in developing nations. The complexity increases as the number of objectives and criteria is increased. In this chapter, various methods with the fundamental designing concept based on decision-making models are introduced and illustrated with the suitable algorithm for microgrid energy system design based on sustainability perspective.

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