Full Title: The Renewable Energy Economic Benefits of Microgrids
Author(s): Guidehouse
Publisher(s): Guidehouse
Publication Date: November 30, 2021
Full Text: Download Resource
Description (excerpt):
Microgrids are increasingly becoming part of a new, modern electrical energy system. Communities, businesses, and government institutions see them as unique solutions to meet the demand for clean, resilient, and efficient energy. Breakthroughs and cost reductions in solar and battery technologies are making microgrids increasingly accessible and cost–effective. Microgrids can be designed for varying sizes and purposes with a primary benefit of serving diverse community needs. For example, microgrids can link communities and provide people’s energy needs, ranging from isolated rural communities to helping support grids in large cities and regions.