07 Oct '16, 12pm

3 Trends That Show Why Microgrids Are About More Than Just Resiliency

3 Trends That Show Why Microgrids Are About More Than Just Resiliency

Microgrids have come to embody resiliency. However, in recently deployed and prospective projects, a mixed-ownership model is aligning microgrids with broader energy goals. In GTM Research’s recent U.S. Microgrids 2016: Market Drivers, Analysis, and Forecast report, GTM Research estimates microgrid market growth will exceed expectations as business model innovation continues to evolve with stakeholder interests. 1. Microgrids provide mutually beneficial cost savings for utilities and end-customers Demonstration projects and operational microgrids have proven their sweet spot is delivering reliable power during inclement weather . In fact, utilities are increasingly approaching the microgrid as a viable “non-wires” alternative to defer costly grid investments. In recently deployed projects, utilities generally cover project costs, including design, permitting, finance, cons...

Full article: http://www.greentechmedia.com/articles/read/3-Trends-That...

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