MICROGRID: Why Microgrids Are the Key to Our Carbon-Neutral Future

As we continue to work toward a more sustainable future globally, demand for renewable energy integration is increasing. This requires more flexibility in grid infrastructure and the ability to add more types of distributed energy resources (DERs), including wind and solar. There is also a strong drive to move beyond a centralized grid to a more distributed one in order to reduce large-scale outages and deliver electricity to remote areas. Declining technology costs for key DER assets such as solar PV and advanced energy storage systems—as well as business models linked to long-term financing offers—are driving accelerated adoption of smaller, smarter, and cleaner energy systems.