A report issued today by DNV GL finds electricity consumption rising worldwide by 2050, transmission and distribution systems expanding, and a continuing role for microgrids. Electricity generation will account for 45 percent of all energy demand by 2050, more than double the current rate, according to DNV GL’s “Energy Transition Outlook … [Read more...]
In an ambitious 'Internet of Energy' juggling act, a Texas test center plans to demonstrate how to manage 100 distributed energy resources on a microgrid. Group NIRE will host the project at its Reese Technology Center in Lubbock, Texas, along with partners DNV GL and Geli. The project is being funded through a $2.15 million federal grant and … [Read more...]
Microgrids are among 15 opportunities that can fix some big, world problems. That's the word from DNV GL in a new report that looks at five global threats and the doors they open for innovators. One of the threats is our reliance on fossil fuels, says Global Opportunity Report 2015. Microgrids or "energy autonomy" offers an alternative … [Read more...]
Thanks to advances in energy storage it is no longer just starry-eyed dreamers who see a distributed electric grid as a real possibility for North America. More sophisticated and cheaper stationary batteries are opening the door for businesses and households to become players in electricity markets, storing energy they don't use and selling it … [Read more...]
There are multiple approaches to funding microgrid projects. Eric Dupont, executive vice president and chief commercial officer at PowerSecure, discusses why CAPEX versus OPEX become important considerations in this interview with Yasmin Ali, Microgrid Knowledge contributor.
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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