Preview

Microgrid Market Growth and Forecast: 2014-2020 by Future Market Insights

Good Essays
Open Document
Open Document
740 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Microgrid Market Growth and Forecast: 2014-2020 by Future Market Insights
Global Microgrid
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2014

Future Market Insights

www.futuremarketinsights.com

sales@futuremarketinsights.com

Report
Description
Report Description
A microgrid is a modern small-scale electricity system used to generate, distribute and regulate the flow of electrical power. It includes distributed energy resources and multiple loads which enable it to interconnect with other electrical grids as well as operate in a parallel power generation environment. Microgrids can be used to generate power from both renewable and non-renewable energy sources. There are different types of microgrids. The first one is true microgrid or customer microgrid, which is self-governed, has a regulatory structure and is compatible with the current technology. The second type is utility or community microgrid or mill grid which involves a division of regulated grid. The third variety is virtual microgrid orvgrid.
It covers multiple sites’ distributed energy resources (DER) and are coordinated in a manner such that they can be presented as a single unit to the grid.
Browse Full Report@ http://www.futuremarketinsights.com/reports/global-microgrid-market
Around the world, governments are taking initiatives in setting up solar, bio power and wind energy farms, and increasingly concentrating on renewable energy resource based microgrids.
Increased requirement of enhanced technology for power generation and distribution, growing industrialization, government initiatives towards green energy, and a demand for secure and consistent power supply are some of the factors driving the growth of microgrid market.

Report
Description
Report Description
However, monetary obstructions, complication in land acquisition and registration of land for solar PV installation in rural areas, high primary cost of installation, huge investment required for integrating existing systems with microgrid, technological

You May Also Find These Documents Helpful

  • Good Essays

    9.9 of every 100,000 teenagers are the cause for deaths. Steve Harmon is a high school student, who is sent to jail and is being tried for murder. The plot takes place in Steve’s jail cell and the court room. The lesson to be learned from the book is, if someone does something wrong they have to pay for it. The book is a murder mystery, that can entertain anyone. This book is a must read in my opinion.…

    • 665 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    LOTF Symbolism Essay

    • 5825 Words
    • 24 Pages

    together to both power systems that they mean different things for each of them. The aim of…

    • 5825 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    In fact, 90% of America's current electricity needs could be supplied with solar electric systems built on the estimated 5 million acres of abandoned industrial sites in our nation's cities.” Wind Energy • What are the advantages of wind energy? o No pollution or greenhouse gas emissions during operation o Relatively efficient o Abundant & widely distributed o Moderate capital costs to install • Any drawbacks? o Location o Aesthetics and noise o Bird mortality • “The best wind farms in the world already produce power as economically as coal, gas and nuclear generators; the average wind farm will be fully competitive by 2016.”…

    • 7330 Words
    • 249 Pages
    Powerful Essays
  • Good Essays

    There are also other forms of energy sources such as geothermal, wind power and other options. The government has set a target of 10% electric renewable sources from 2010. Lots of planning has been involved and many new turbines need to be built this has caused lots of controversy in areas. I believe that wind power will become one of the key energy producers in the future for the…

    • 651 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Pv Solar Swot Analysis

    • 369 Words
    • 2 Pages

    * The market for PV solar is growing and very promising, especially Europe and East Asia. * The global concern over clean and renewable energy. * The rising prices of oil. * International incentives, funding from governments to encourage alternate energy sources will create larger demands, namely in Europe, China and Canada.…

    • 369 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Cnooc Case Study

    • 2240 Words
    • 9 Pages

    Due to economic growth and development, global investment in renewable energy increased from $20 billion in 2004 to 120 billion in 2008. Throughout the substantial…

    • 2240 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    In order to mine for coal or drill for oil or natural gas a country must contain deposits of them. Countries lacking these deposits must rely on other countries for energy.. However,unlike coal mines, solar can be built almost anywhere. Rather than invest in another country's mines and infrastructure, investing in one's own country is far more reasonable. With solar being cheaper than coal in some instances, there has never been a better time to make the switch.…

    • 78 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    3. In Case studies by SEIA (2013), several areas are already utilizing valuable solar energy facilities such as the China Lake Naval Air Weapons Station that possesses a solar farm capable of powering the whole weapons station with 30% clean energy annually which can save the stations of over $13 Million dollars of electric…

    • 1471 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Furthermore, renewable energy is a very niche market. It makes up only 8% of the total energy industry. SolarWorld’s practice, active solar technology, occupies just 1% of the total renewable energy due to its high cost and capital investment. This leaves a big hole for threat of substitutes such as coal, nuclear or natural gas energy, which are mostly the primary choice before renewable energy.…

    • 577 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The Constitution

    • 2515 Words
    • 11 Pages

    Basically, the Constitution is the highest law in the United States. All other laws come from the Constitution in some way. The Constitution also provides the framework for the government of the United States. It creates things like the Presidency, the Congress, and the Supreme Court. Each state has its own constitution that is the highest law for the state — but even then, the United States Constitution is higher.…

    • 2515 Words
    • 11 Pages
    Good Essays
  • Satisfactory Essays

    Happypaper

    • 418 Words
    • 2 Pages

    1. How do smart grids differ from the current electricity infrastructure in the United States?…

    • 418 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    | DIFFERENT TYPES OF RENEWABLE ENERGY * SOLAR ENERGY * HYDEL ENERGY * WIND ENERGY * BIOMASS ENERGY * GEOTHERMAL ENERGY * FUEL CELLS ENERGY * CO-GENERATION…

    • 12198 Words
    • 49 Pages
    Powerful Essays
  • Good Essays

    Smart Grid

    • 1009 Words
    • 5 Pages

    The current electricity infrastructure in the Unites States consists of one way “communication” between the electric company and the homes receiving the electricity with the communication coming from the electric company to the homes. The current electricity infrastructure in the United States is more than 100 years old and because of this fact, it is outdated resulting in a great lack of efficiency. There is no way for the electricity company to obtain information from the individual homes pertaining to actual usage. Smart grids allows for two way communications between the electricity company and the homes allowing both electric companies and homes to operate more efficiently. This two way communication will allow home users to cut costs by efficiently utilizing energy. Smart grids will also allow the electricity companies to raise prices when the demand is high and lower prices when the demand is low. Mirroring the price advantage, smart grids will allow the user to dictate the usage of appliances that may have a significant impact on their utility bills. Knowledge of the user’s consumption will also help in making decisions that the electricity company can use to be more efficient. Smart grid technology is the evolution of the current electricity infrastructure that will continue to evolve if accepted.…

    • 1009 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Many troubled people typically teens and youth's are resorting to substance abuse. There are many different situations that result in different reasons why teens struggle with drug and or alcohol abuse. Today's teenagers cry out continuously for their own personal freedom but in many ways they have thrown out their responsibilities as well as their right to these personal freedoms with their increasing turn towards drugs. Many negative factors can come into play from substance abuse. According to the National Institute on Drug Abuse, in 1997 nearly fifty percent of high school seniors have used the drug called marijuana. As this can be a shocking statistic to some, it not as shocking as the fact that this percentage has been on a steady increase since 1992 and has shown no sign of leveling out or slowing down anytime soon. The youth of today have not only started to use illicit drugs in more frequently, but drugs are reaching a greater number of adolescents and teenagers each passing year.…

    • 544 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Smps

    • 4309 Words
    • 18 Pages

    M. Anas, N. Javaid, A. Mahmood, S. M. Raza, U. Qasim‡ , Z. A. Khan§…

    • 4309 Words
    • 18 Pages
    Good Essays

Related Topics