Growing Opportunity in the Global Microgrid Market
“Microgrid” is the new buzzword amidst the rise of distributed energy resources and battery energy storage systems. Significant price declines in both distributed renewable power and battery technologies, coupled with more technological advancements in control and energy management systems, have created a vision of reliable, efficient, renewable, and "islandable" grid networks embedded with advanced smart grid technologies. To provide an understanding of the nuances of the global market, this study will provide clarity on market drivers for different applications and geographic markets; policies governing microgrid orientation and interaction with the central grid and bordering microgrids; and multiple business models relating to the unique regulatory, economic, topographical, social, and technological environments in which they are developed.
Electronic Access - Site License Fulfilled By Publisher
Electronic Access - Global site License Fulfilled By Publisher