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...]
Japan Budgets $21M for Microgrids: Report
Japan has budgeted $7 million per year for three years on microgrid demonstration projects, as part of a post-Fukushima effort to smarten the electric grid, according to a report by GlobalData. As it boosts energy efficiency and renewables, the nation appears destined to become one of Asia-Pacific's top markets in smart grid development, says … [Read more...]