Microgrid Economics – Microgrids Growing Faster Than Larger Grids
Logistics Viewpoints
AUGUST 3, 2023
The main utility may also benefit by buying non-carbon emitting power, which can help the utility meet portfolio requirements. According to Wood Mackenzie, the US microgrid market is expected to grow at a compound annual growth rate (CAGR) of 19% from 2022 to 2027. The cost of PV power has been dropping. million in 2022, up from $1.2
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