Global Virtual Grids Market Outlook to 2022 - Market Analysis by Geography, Applications, Competitive Landscape and Key Company Information - Growth Trends and Forecasts

Published - Jan 2017 | Category - Energy and Power | No. of Pages - 139 | Published By - Mordor Intelligence

Report Highlights

Virtual micro-grids cover Distributed Energy Resources at multiple sites but are coordinated such that they can be presented to the grid as a single controlled entity. Virtual grids are a developing field and the market is in a nascent stage. However, need for greater grid stability will drive the markets growth over the next decade.

A MicroGrid is a semi autonomous grouping of generating sources and end-use sinks that are placed and operated for the benefit of its members, which may be one utility €Å"customer,€  a grouping of several sites, or dispersed sites that nonetheless operate in a coordinated fashion. The supply sources may include reciprocating engine generator sets, micro-turbines, fuel cells, photo voltaic and other small-scale renewable generators, storage devices, and controllable end-use loads. All controlled sources and sinks are interconnected in a manner that enables devices to perform the MicroGrid control functions unnecessary for traditional DER. For example, the energy balance of the system must be maintained by dispatch, and non-critical loads might be curtailed or shed during times of energy shortfall or high costs. While capable of operating independently of the macro-grid, the MicroGrid usually functions interconnected, purchasing energy and ancillary services from the macro-grid as economic, and potentially selling back at times.

Three key potential features of the Micro-Grid are:

1. its design around total system energy requirements

2. Its provision of heterogeneous level of power quality and reliability to end-uses.

3. Its presentation to the macro-grid as a single controlled entity.

Most micro-grids can be further described by one of three categories:

. Isolated micro grids, islands, and other remote sites, not connected to a local utility grid.

. Island able micro grids that are fully interconnected and capable of both consuming and supplying grid power, but can also maintain some level of service during a utility outage.

. Non-synchronous microgrids are connected to utility power supplies, but they aren't interconnected or synchronized to the grid. Such

. Non-synchronized microgrids are capable of consuming power from the grid, but they aren't capable of supplying it.

What the Report Offers

· Market Definition for the specified topic along with identification of key drivers and restraints for the market.

· Market analysis for the global virtual micro

grids Market, with region specific assessments and competition analysis on a global and regional scale.

· Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.

· Extensively researched competitive landscape section with profiles of major companies along with their share of markets.

· Identification and analysis of the Macro and Micro factors that affect the global virtual microgrids market on both global and regional scale.

· A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

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