With a staggering spike in digitalisation, population, urbanisation, and new-age demands, electrical grids are being pushed over the edge to find advanced usages.
Today, people are operating in a world with different forms of energy with megatrends such as decentralisation, decarbonisation, and so on. These different forms are giving birth to new ways of energy production, which are being bought and sold. In that context, microgrids have a critical role to play in this new realm of energy.
Microgrids are basically groups of linked loads and energy resources that are scattered within well-defined electrical boundaries. These function as a single entity that can be controlled with respect to the grid. Microgrids can function in many different ways - they can either stay connected to the grid and work in a grid-connected setup, or they can remain disconnected from the grid, which is also known as an island setup. There are several benefits that come in with the use of microgrids, such as better operational efficiency and stability, reduced congestion on the grid, higher reliability and resiliency, carbon footprint reduction, and the production of clean energy in cost effective ways.
Schneider Electric provides advance microgrid solutions that are repeatable and IoT-enabled. They provide end to end and innovative business models that helps in reducing risk and increasing the overall sustainability. The use of EcoStructure™ in their cloud connected services helps in providing greater value via elaborate integration of resources and advance analytics.