More and more, utilities are choosing demand response (DR) as a way to balance grid operations, lower energy prices for consumers, and integrate renewable resources like solar power. Utilities have traditionally relied on large commercial customers to achieve those results. Yet residential customers represent a huge, untapped DR resource. The … [Read more...]
Grid-connected microgrids earn revenue by selling what are known as 'ancillary services' to the central grid. These services help keep power flowing in a stable fashion. Offering these services makes a microgrid valuable well beyond the buildings it powers. The microgrid becomes an asset to society at large. Read more in the following excerpt from … [Read more...]
In this edition of Industry Perspectives, Christie Hicks of the Environmental Defense Fund, sheds light on a new agreement with Illinois’ largest utility, ComEd, that may pave the way for private microgrids to use utility wires.
The new energy industry is working to categorize the various types of microgrids and business models. The primary goal is to minimize microgrid system cost and funding. To learn more about microgrid business modes and value chains download this white paper.
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