How Microgrids Earn Revenue and Serve the Central Grid

December 4, 2014 By

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...]

Filed Under: Economics, Editor's Choice, Google News Feed, Grid, International District Energy Association (IDEA), Markets, Players, Policy, Reliability, Solar Turbines, Wholesale Tagged With: , , , , , , , , ,

The Virtual Power Plant: Invisible but Growing

October 13, 2014 By

Virtual power plants may be invisible, but we are going to increasingly feel their influence worldwide within the decade, according to findings by Navigant Research. A recent report by the research firm says that virtual power plant (VPP) capacity will quintuple, producing 28,000 MW by 2023, up from from 4,800 MW this year.  This means growth in … [Read more...]

Filed Under: Controllers & Software, Google News Feed, Infrastructure, Navigant, News, Players, Resources, Virtual Power Plant Tagged With: , , , , ,