The shape of microgrid financing is beginning to emerge as pilot projects come on line and the industry mimics successful approaches used by solar firms. FuelCell Energy’s recent sale of a university microgrid to NRG Energy offers a recent example. The Connecticut-based fuel cell manufacturer sold the 1.4 MW university microgrid to the … [Read more...]
ABB’s Bob Fesmire explains how energy storage is becoming more refined, and acting as an enabler for microgrids.
Distributed energy resources (DER) are smaller-scale clean energy resources, such as renewable energy and energy storage resources, located near customer load. In recent years, DERs have made great strides due to market reforms, advanced technologies, and declining costs. Despite these advances, DERs serve less than 1% of electricity load nationally. Many barriers exist to greater deployment of DERs. These barriers include the utility business model, market structure, and regulatory policies.
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