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Microgrid Technology To Become Competitive As The Price Of Fossil Fuels, Of High Demand, Would Incre

Over the last few years, the concept of having many small-scale energy sources or microsources, dispersed over a grid has gained a
considerable interest.
Innovations in the technology and changing economic and regulatory environment have been the main driver behind this growing interest in new
distributed generation technologies. In many liberalized energy markets, distributed generation has offered a variety of benefits to market
participants and has given the customers a choice for the electricity services best suited for them. Many distributed generation technologies
like micro-turbines and fuel cell are quite well known and being developed all across the world. However, there is another technology that has
become feasible only in last few years and is being developed to improve voltage control as well as the power quality. It is microgrid technology
( http://www.bharatbook.com/Market-Research-Reports/Microgrids-Market-Potential.html ).
A microgrid is a small-scale power supply network, designed to provide power to few building or a small community. Microgrids ...
... bear the
promise of substantial environmental benefits, brought about by higher energy efficiency and by facilitating the integration of renewable sources
such as photovoltaic arrays or wind turbines. By virtue of good match between generation and load, microgrids have a low impact on the
electricity network, despite a potentially significant level of generation by intermittent energy sources. Although the ownership and operation
issues for the microgrid concept have yet to be addressed, one possible way forward might be for a microgrid as intrinsically a local
cooperative venture. In such systems, the consumers may be also the suppliers and so a more imaginative approach to load control may be
possible in the joint interests of cost and efficiency.
Experiences in the last decade have shown that in order to accelerate the connection rate of distributed generation, be it conventional or
renewable, it is necessary to either provide incentives to microgrid developers and network operators or alternatively to mandate the connection
of microgrid under a regime of preferential feed in tariffs. In the long term, there is no doubt that microgrid technology will become competitive
as the price of fossil fuels rise due to their ever growing demand worldwide.
There is clearly a lot more that must be done to support distributed generation in general especially from the perspective of integrating
microgrid in the planning and operation of transmission and distribution networks.
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