Microgrid Control System – A Boon For World

By Author: Afzal Shamim
Total Articles: 4
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Introduction
A Microgrid control system is a group of interconnected load and grid systems. It sets as a unique control point. They are not just energy efficient but are also cost-effective and enhance the stability of the local electric grid. These were predominantly used in military operations and remote areas but recently they have been used to provide power in data centres and urban areas.
The success of the microgrid market depends on digital control platforms that can orchestrate diverse distributed energy resources (DER) into a single optimized aggregation system. Although the big-ticket items for any microgrid are investments in DER assets such as solar PV and batteries, the key to project performance and the ability to extract value from these same assets are the controls, which often represent less than 10%, or even 5%, of total project costs.

Most often a combination of hardware and software, these control systems are the magic sauce, the brains and the orchestrator marshalling generation, storage and loads to bolster resiliency and optimize DER assets to meet prescribed economic and environmental ...
... goals. Controls platforms continue evolving. Emphasis is shifting from hardware devices and on-premise gateways to software and customization performed in the cloud.

Market Prospect

Increasing investments within the transmission & distribution infrastructure, growing renewable power generation, and rise within the energy demand and limitations of space availability in densely populated urban areas are some of the major factors that have supported long-term expansion for the Microgrid Control System Market.

As per Delvens, Global Microgrid System market is expected to reach USD 3.9 billion by 2024 at a CAGR of 13.7% from USD 2.5 billion in 2019.

North America is one of the most productive marketplaces for microgrid management systems, due to the replacement of the prevailing infrastructure. In the meantime, Europe is another major marketplace for microgrid management systems.

Countries like India and China are focusing and investing in electrification projects, moderation of existing electrical networks to meet the growing demand for electricity.

Recent Development

Schneider Electrical and toweling Capital Launch ‘Energy-as-a-Service’ Microgrids for the Mass Market.
Spirae Launched the OS for Distributed Energy, with the distributed assets, the tendency is to treat as occurrence devices.

Delvens is a management consultant firm providing market research and consulting services globally. The company provides syndicated and customized research reports to its customers all around the world. Our reports cover sectors namely Healthcare, Automotive, Chemicals & Materials, Aerospace & Defense, Semiconductors & Electronics, Food & Beverages, Pharmaceuticals, IT & Telecom, Energy, and Consumer Goods and Services.