Jason Barton

Professional Information and Energy News

Microgrids and Utilities: Will they innovate?

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Will microgrids play a major part in the future of energy, as this article contends? If so, will utilities innovate to take advantage of the flexibilty and other advantages microgrids offer?

Many pieces will need to fall in to place, and there will need to be a microgrids starting point.

Digital Journal

 

 

 

 

 

 

PR Newswire

CHICAGO, Feb. 14, 2014

The emergence of Microgrids for power generation could threaten the dominance of the age-old power distribution system in the U.S. Microgrids have evolved from simple power backup systems to small smart grids. The swift and cost effective installation of Micro grids could help distribute electricity among the masses. These rooftop solar systems meet the energy needs of the customers. In addition, the customers are allowed to sell excess power back to the utilities.

A report from American Society of Civil Engineers estimated that utilities need to spend $763 billion by 2040 to properly modernize and harden the existing grids against natural disasters. We believe that rather than going for a very costly maintenance, it will be economical to develop these Microgrids, which could lend support to the existing system.

Read more: http://www.digitaljournal.com/pr/1738880#ixzz2tpsdqryO

 

Read the entire article here.