The recent years have seen the demand for smart microgrids surge to unprecedented levels. This spike in demand is attributable to the growing share of renewable energy in the global energy matrix. According to a latest research report by Transparency Market Research, the global smart microgrid market is firmly on the course to steady growth owing to the aforementioned factors. North America stands as the largest market in the world for smart microgrids. Within North America, it is the United States that has been at the forefront of the smart microgrid market thanks to several institutes such as universities, hospitals, and data centers installing smart microgrids. Rural electrification programs in countries such as China, India and Malaysia will lead to a spike in the demand for smart microgrid installations in these regional markets, the report predicts.
Tesla has finally taken the wraps off Tesla Energy, its ambitious battery system that can work for homes, businesses, and even utilities. The system breaks down into two separate products: the Powerwall is a home battery system, that comes in a 10 kWh version for $3,500, or a 7 kWh model for $3,000, excluding installation and the inverter. The unit is about three feet by four feet in size and six inches thick, and comes with integrated heat management and can fit either on the inside or outside of the wall of your home. The system is connected to the internet — Elon Musk said that the system can be used to create “smart microgrids” — and can be used as a redundancy system, or potentially allow a home to go off the power grid entirely. “The whole thing is a system that just works,” Musk told reporters during a briefing this evening.
The Galvin Electricity Initiative will initiate a dialogue among industry leaders at GridWeek 2009 to identify strategies for building smart microgrids — small, local, modernized versions of the bulk power grid that optimize the local distribution system and maximize benefits for both consumers and utilities. The Initiative will lead an expert panel on Wednesday, September 23, at 3:30 p.m. at the Ronald Reagan Building in Washington, D.C., discussing the implementation of smart microgrids and examining the costs and benefits of this approach to electricity grid modernization. The panel will address deployment barriers and the roles of utilities, regulators, local governments and the private sector in the development of smart microgrids.