the future economy would be a network-centric economy. networks yield more meaning to the concept of perfect competition market. the successful presence in the network-centric economy requires identification and application of new technologies. in today’s competitive business environment, everything is continuously changing and the only thing remains intact is change. environment pressures forc...

Microgrids are believed to be the befitting green solution ever-rising energy crisis in developing nations. The resource rich nations rapidly shifting their dependence on microgrids meet reduced carbon footprint target at a global level. This paper addresses this issue and presents detailed technical review microgrid integration competitive electricity market scenario. An in-depth coverage of n...