Another report is touting strong growth in the microgrid market. The global microgrid market stood at US $9.8 billion in 2013 and is expected to reach US $35.1 billion by 2020, according to a report from Transparency Market Research: "Microgrid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020." The … [Read more...]
LBNL Wins Grant for Renewable Microgrid at Military Base & Other Quick Microgrid News
A Lawrence Berkeley National Lab group has won a grant from the Department of Defense to create a cyber-secure renewable microgrid and commercial-ready control system for rapid adoption. The Grid Integration Group at LBNL won the grant for a "Modular, Secure, and Replicable Microgrid Control System for Generation and Storage Management at … [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...]