A microgrid is a modern small-scale electricity system used to generate, distribute and regulate the flow of electrical power. It includes distributed energy resources and multiple loads which enable it to interconnect with other electrical grids as well as operate in a parallel power generation environment. Microgrids can be used to generate power from both ... Read more
A microgrid is a modern small-scale electricity system used to generate, distribute and regulate the flow of electrical power. It includes distributed energy resources and multiple loads which enable it to interconnect with other electrical grids as well as operate in a parallel power generation environment. Microgrids can be used to generate power from both renewable and non-renewable energy sources. There are different types of microgrids. The first one is true microgrid or customer ... Read more
The global microgrid market was valued at US$ 46.92 Bn in 2017 and is anticipated to expand at a CAGR of over 11% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titled ‘Microgrid Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2026.’ The term ‘microgrid’ refers to a collection of distributed energy sources and loads interconnected in a clear and well-defined electrical boundary, which functions as a single controllable ... Read more
The global microgrid market is predicted to register a healthy growth at a notable 12.10% CAGR over the estimated years (2018-2023). A microgrid is a smaller grid which can operate in conjunction with the utility’s macro-grid or autonomously. Rather than serving the whole city, microgrids support single users, areas which cover large universities and areas having a few houses. Microgrids operate and also comprise of similar mechanics as that ... Read more