There are a number of benefits that can be derived from a well planned, implemented, and operated microgrid. Some of the key benefits we see in the US today include:
- Improved energy reliability and security of supply: This is especially so where energy is mission critical to the services being provided (i.e., health care, military bases, etc.).
- Net excess energy revenues and efficiencies: Such benefits support funding of new grid investments; this becomes a sustainable master energy plan, and in some cases is self-funded.
- Ability to self optimize assets with full self control of energy operations: This exists in cases where the microgrid operator has both the supply and demand control and responsibility.
- Deferral of infrastructure investments to better match a visible and controllable load profile: The ability to shift the peak and lower the grid imported power through savings and self generation can avoid the need for larger contracts and/or delay the building of new supply side assets.
- Enabled emissions reductions supporting sustainability targets: Where reducing emissions and overall carbon footprint is a key strategy, effective deployment of renewable energy can be achieved with the real-time control with other assets in the microgrid.
- The support of a net zero strategy; and the Microgrid Optimization Model: This allows you to systematically plan and implement steps to achieve such a goal.
- Increased reliability and backup capability: This is supported by optimally sized storage technology.
- Management of generation variability in renewable energy sources.
Via Joan Tarruell, Stephane Bilodeau, Hans De Keulenaer