Smart Cities

Industry is Poised to Install Microgrids Faster Than Any Other Sector

According to the Rocky Mountain Institute corporate survey, nearly two-thirds of Fortune 100 companies and nearly half of Fortune 500 companies have set ambitious green energy targets. Some, like tech giants Google and Apple, have gone green by investing directly in vast renewable energy generation plants for their power-hungry data centers, but for the majority of businesses that kind of capital outlay is beyond their means and don’t always serve their business interests. More recently, businesses have been looking to Industrial Microgrids to make them greener but also more secure and more profitable. Industrial microgrids have the ability to aggregate and control a variety of renewable resources by managing the intermittency of those generation streams with centralized baseload power or energy storage. In doing so, an industrial microgrid can combine enhanced reliability with a lower emissions profile and often lower cost energy. “Unlike power supplied from a central station grid or a single renewable energy […]

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