Microgrids looking for right model
Microgrids offer a compelling alternative to traditional energy generation and distribution, utilizing smart grid technologies to enable integrated control of distributed power generation assets either in parallel to or “islanded” from the utility power grid. So, what is the business model?
Microgrids offer a compelling alternative to traditional energy generation and distribution, utilizing smart grid technologies to enable integrated control of distributed power generation assets either in parallel to or “islanded” from the utility power grid. However, with this promise also comes a dilemma: What is the business model?
Pike Research said there are more than 140 microgrid projects totaling over 1.1 gigawatts (GW) of capacity worldwide. The current mix of microgrids utilizes a wide variety of renewable and fossil fuel-based power sources in addition across all types of operating segments, including commercial and industrial sites, university campuses, remote off-grid communities, and military microgrids.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey