A method for operating a microgrid electric power generation system includes delivering energy to an electric power bus at least partially from one or more kinetic generators electrically coupled to the electric power bus, controlling the one or more kinetic generators in response to a change in a load such that a magnitude of a voltage on the electric power bus remains within a predetermined voltage range, and controlling one or more combustion generators electrically coupled to the electric power bus based at least in part on an operating state of the one or more kinetic generators. The one or more kinetic generators are capable of (a) delivering energy stored therein to the electric power bus, and (b) storing energy in kinetic form.