Smart Microgrid Entrepreneurship Plan

What is a microgrid strategy?

The Strategy development process began with microgrid experts deliberating on areas the Strategy should focus on for impactful results in key metrics, such as reliability, resilience, decarbonization, and affordability, in the next five to ten years.

How can a microgrid help a company achieve sustainability goals?

Microgrids offer direct control over energy production for organizations with decarbonization targets (whether for compliance or to demonstrate a commitment to social goals). How the project contributes to those goals, and over what time period, should align with your overall sustainability strategy.

What is a microgrid controller & energy management system modeling?

Controller and energy management system modeling. Many microgrids receive power from sources both within the microgrid and outside the microgrid. The methods by which these microgrids are controlled vary widely and the visibility of behind-the-meter DER is often limited.

What role do microgrids play in delivering resiliency and economic benefits?

For example, the role of microgrids that encompass DERs for delivering reliability and resiliency benefits to the grid and bringing economic benefits to the DERs is in early stages of development with the REPAIR tool co-funded by the Microgrids R&D program. Market rules and participation options are constantly evolving.

What makes a microgrid a good investment?

Power Electronics: Microgrids frequently use power electronics converters like DC/AC or DC/AC/DC to interact with the power system, such as solar PV or microturbines. Controls and functionality: Microgrids have unique regulatory needs and techniques that help them achieve local balance and maximize their financial gains.

What is a microgrid planning capability?

Planning capability that supports the ability to model and design new microgrid protection schemes that are more robust to changing conditions such as load types, inverter-based resources, and networked microgrids.