Smart Microgrid Market Segment and Forecast Up to 2020
Growing global energy demand and increasing share of renewable energy sources in the global installed capacity are bolstering the demand for smart microgrid. Microgrids are smaller versions of the conventional power grids and are designed to serve localized electric loads. They incorporate distributed energy resources (DER) such as micro-turbines, wind and photovoltaic in parallel with the conventional power grid. The distributed energy resources (DER) allow microgrids to run in an islanding mode on account of which the microgrid and loads...
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