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Market drivers include cost reduction of energy storage, microgrid controller upgrades, and potential energy offsets that remote microgrids can provide
BOULDER, Colo., Aug. 11, 2022 /PRNewswire/ — A new report from Guidehouse Insights analyzes the global deployment of clean energy microgrids.
In response to emerging threats to power grids globally—extreme weather events, earthquakes, and wildfires—the resiliency that microgrids provide offers special value. Microgrids can enable the integration of mixed asset fleets of distributed energy resources (DER) at the distribution grid, so they can subsequently be controlled as an ensemble. According to a new report from Guidehouse Insights, the global deployment of clean energy microgrids is expected to grow from 4,288.8 MW in 2022 to 20,053.9 MW in 2031 at a compound annual growth rate (CAGR) of 18.7 %.
“The growth and diversity of DER propels the growth of microgrid deployments,” says Roberto Rodriguez Labastidaprincipal research analyst with Guidehouse Insights. “Microgrids provide a platform for the …
Full story available on Benzinga.com
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