Islanded Power Grids and Distributed Generation for Community, Commercial, and Institutional Applications
A variety of trends are converging to create promising market opportunities for microgrids, particularly in the United States. The fundamental architecture of today’s electrical grid, which is based on the idea of a top-down system predicated on unidirectional energy flows, is growing increasingly obsolete. This outmoded infrastructure poses risks to grid reliability and security, and could hinder the adoption of renewable power generation. Microgrids are being driven in part by the broader push to create a Smart Grid that will add intelligence and automation to the electricity infrastructure while facilitating the integration of renewable energy resources, electric vehicles, and greater customer control over energy consumption. In part, however, the microgrid is an alternative vision to a highly integrated “Super Grid” — microgrid proponents are advocating deployments where a community, corporation, or institutional entity can operate autonomously from the larger grid infrastructure. ( http://www.bharatbook.com/
It forecasts that over 3 GW of new microgrid capacity will come on line globally by 2015, representing a cumulative investment of $7.8 billion. North America will be the largest market for microgrids during that period, capturing 74% of total industry capacity. In North America, the largest category will be instutional microgrids, followed by commercial/industrial and community grids. In other regions, however, the story is different and we expect community microgrids to be the largest category in Europe and Asia Pacific.
This report analyzes and forecasts five major segments of the emerging microgrid market: Community/Utility Microgrids, Commercial/Industrial, Institutional/
Key questions addressed:
* What is a “microgrid”
* Why are inverters the key advance enabling microgrids to develop today despite opposition from many electric utilities?
* What are the key market drivers at the policy level – and why does the United States have the best near-term market opportunity?
* Why are microgrids inevitable if investments in a smart grid are accompanied by a paradigm shift from central station to distributed generation supply sources?
* Who are the big players – and new technology vendors – in the microgrid space, and what is their key role in developing this new energy market
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