North American Microgrids 2015: Advancing Beyond Local Energy Optimization

NA Microgrid

The microgrid market is undergoing a transformation from a niche application intended for military bases and remote communities to a grid modernization tool for utilities, cities, communities and public institutions. This change is expected to grow the market opportunity by over 3.5 times between 2015 and 2020, to over $829 million annually.

The recent wave of announced projects and state-level resiliency programs are enabling further development and standardization of microgrid technologies for the next generation of advanced, more renewable-heavy projects. Substantial regulatory and legislative changes to utility franchise rights and rate structures (already underway in states such as New York, Maryland and Illinois) are projected to increase microgrid value propositions, further accelerating adoption in the later years of the forecast period. As solar PV adoption rates increase, flexible microgrid solutions are becoming a significant component of renewable integration strategies in regions extending beyond high penetration states such as Hawaii and California.

 

 

 

 

 

 

 

 

Related Articles


Changing Scene

  • Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco Announces Samantha Boernsen as New Regional Sales Manager, Winnipeg

    Noramco invites you to join them in welcoming Samantha Boernsen as Regional Sales Manager, Winnipeg. Samantha brings a wealth of experience in the electrical industry, with a strong focus on lighting, marketing strategy, and customer engagement. She has built her career on connecting technical expertise with real-world application, making her a trusted partner to clients… Read More…

  • Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco Announces Cary Pepper as New Regional Sales Manager – OEM, Mississauga

    Noramco invites you to join them in welcoming Cary Pepper as Regional Sales Manager – OEM, Mississauga. Cary is a dynamic business leader with more than 24 years of experience driving growth and leading high-performing teams in competitive markets. She brings a proven track record of launching innovative products, consistently exceeding sales targets, and cultivating… Read More…


Peers & Profiles