This work presents a generic optimization framework to address the problem of the optimal design and operational scheduling of energy microgrids. The problem to be solved is formulated as a mixed-integer linear programming (MILP) model whose objective function concerns the total cost minimization of the energy microgrid. The energy generating units to be installed consist of technologies using fuel (natural gas) as a raw material (micro turbines, fuel cells etc.), and renewable energy sources (wind and solar). The microgrid is divided into a certain number of zones, each of which is characterized by a given amount of electricity demand to be satisfied, while the system can exchange electrical energy with the main power grid by acquiring from and selling energy to the grid. The efficiency and applicability of the proposed model is illustrated using three case studies. The maximum allowable level of CO2 emissions, the price of electricity purchased from the main grid, and the price of electricity sold to the main grid constitute the parameters whose influences on the economic variables of the microgrid, on the quantities and the capacities of the installed technologies, as well as on the energy balance of the microgrid are investigated. The proposed model provides a systematic and analytical methodological framework for a detailed planning and scheduling of energy microgrids, highlighting potential risks and appropriate price signals on critical energy projects undertaken by investors and/or designed by policy makers at a national and/or regional level under realistic operating conditions. (C) 2017 Institution of Chemical Engineers. Published by Elsevier B.V. All rights reserved.