British Tech Park Takes Next Step on Microgrid Project & News from Urbanova and Navigant

microgrid

Forrest wins contract for energy plan at Cumbria microgrid Britain’s Energy Coast (BEC) has taken its next step in developing a complex microgrid system for its two-square mile business park in Cumbria by hiring renewable energy contractor Forrest to create a low-carbon energy master plan. The British real estate company intends to make … [Read more...]

Grid Cybersecurity Spending to Reach $3.2B…News from Navigant, Enel and Enbala

grid cybersecurity

Navigant sees rise in grid cybersecurity spending Navigant Research is reporting today that it foresees global spending on grid cybersecurity growing from $1.8 billion in 2017 to nearly $3.2 billion in 2026. “The proliferation of the smart grid and Internet of Things (IoT) has led to the deployment of billions of networked sensing devices, … [Read more...]

Virtual Power Plants & Transactive Energy: How Will They Change the Energy Business?

virtual power plants

Virtual power plants and transactive energy. You've heard the terms, but what exactly do they mean? And why does a leading microgrid analyst see them changing the way the power industry does business? At the center of the changes are the rise of prosumers, who once purchased energy but now produce it, helping create new opportunities for grid … [Read more...]

Navigant Identifies 173 More Microgrid Projects, Sees Growth in Solar & CHP Microgrids

microgrid projects

Navigant Research has identified 173 new microgrid projects worldwide in its Microgrid Deployment Tracker 2Q17, released this week. In all, Navigant has found 1,842 microgrids operating, under development, or proposed, representing 19,279.4 MW of capacity globally. In its last tracker, released in December 2016, Navigant had counted 1,681 … [Read more...]

Off-grid Microgrids and Nanogrids on the Rise…Stem Wins with Storage-as-a-service…NY on Standby Charges

microgrid projects

Here come the off-grid microgrids and nanogrids Navigant Research forecasts that annual revenue for off-grid power will exceed $25 billion in 2024 as remote areas of the world install microgrids and nanogrids. Nanogrids alone are expected to become a $17.5 billion annual business by 2024, driven by growing need to charge cellphones in the … [Read more...]

Alaska Center Seeks New Microgrid Technology…Microgrid Brings Peace & Quiet to Kenya Park…Other Quick News

Funds available in microgrid technology competition The Alaska Center for Microgrid Technologies has launched a competition that offers financial and lab assistance for microgrid technology development. The grand prize winner will receive $275,000 to accelerate commercialization and improve operation and efficiency of a microgrid technology. … [Read more...]

Utility Distribution Microgrids to Grow into $917M US Market by 2024: Navigant

Utility distribution microgrids will grow into a $917 million market by 2024 in the US, according to a new report by Navigant Research. Utility distribution microgrids, or UDMs, differ from conventional microgrids in that they are built to bolster a utility distribution system, rather than directly serve a microgrid customer, such as hospital, … [Read more...]

The Growing Role of Energy Storage in Microgrids

energy storage in microgrids

Adam Wilson, of Navigant Research, describes why energy storage in microgrids is likely to become the norm. Hint: Solar microgrids are on the rise. Energy storage systems (ESSs) have an important and diverse role in microgrids. Solar PV and other renewable distributed generation (DG) technologies require a voltage source in order to synchronize. … [Read more...]

Remote Microgrids, Corruption, Celebrities and Other Quick Microgrid News

When it comes to electricity markets, small and remote is getting big. In fact, the worldwide value of remote microgrids and nanogrids is expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024, according to a new report by Navigant Research. Navigant looked at the cumulative global value of assets and services related to … [Read more...]

Ah, Vermont: Beautiful Forests, Maple Syrup, Tesla Powerwall…and Other Quick Microgrid News

Ah, Vermont: beautiful forests, maple syrup... and Tesla Powerwall batteries. Vermont utility Green Mountain Power (GMP) is partnering with Tesla to help its customers generate and store energy a little closer to home, while also reducing peak demand on its grid system. The result will be a more reliable, sustainable and cost-effective system for … [Read more...]