Rationalization of a residential microgrid on PJM

As we continue to push the limits of technology further, our power grid is struggling to keep up with these technological advances. This project outlines the design of home microgrid with load management, smart metering, and distributed generation, which is the future of smart grid technology. In order to properly stabilize itself, a microgrid will require load management and smart metering to balance the loads to the generator. This system will be introduced to an existing home to convert the home into a smart home microgrid. The load management and smart metering will help the homeowner identify large drains of power in the home and control these electrical loads to lower energy costs and waste. The distributed generation will allow the homeowner to further reduce their electrical load on the power grid by taking the load up itself and it will also be able to push power back out onto the distribution lines. When the value placed on a microgrid by local distribution and PJM is considered, the financial benefits will produce a low risk investment with other physical benefits. Finally, when the microgrid is islanded in a power outage, the generator will produce electric power increasing the reliability of the home´s electricity and allowing power inverters to remain active so PV can still be utilized.