During the past six years, 21 states have proposed and enacted 53 microgrid-related bills largely for grid reliability and resilience. These often arise following an extreme weather event or prolonged outage.
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This report delves into the state of the US microgrid market and Wood Mackenzie's outlook through 2029. We are currently tracking 4,870 microgrid projects that are operational, stalled, under construction or planned.
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A microgrid consists of several interconnected components, including power sources, storage systems, loads, converters, controllers, and communication tools. Each plays a vital role in ensuring the microgrid operates reliably, efficiently, and independently when required.
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Real-time, cloud-based monitoring and IoT technologies are essential for managing autonomous microgrids, optimizing performance, and reducing operational costs.
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