UK Power Networks Services addresses all elements of microgrids including project development, financing, engineering, construction, asset management, operations and maintenance in order to provide a bespoke solution. Microgrid projects require expertise in energy policy and regulation, existing and future market developments, technology architecture and financing. Plan delivery – identify the appropriate partners to support delivery of the identified solutions while ensuring commercial benefits are realised.Energy strategy – develop a short, medium and long term strategy and plan for energy strategy and solution deployment.
At this stage, the business case and funding arrangement for each solution, or a combination of solutions, should be assessed in more detail and technoeconomic models developed. Solution development – develop site specific solutions to address energy objectives.Commercial assessment – complete a commercial review of the existing network connection agreement considering forecast energy demand, existing and forecast energy costs and revenue streams.Technical assessment – complete a security of supply, risk and condition review of the electrical network and analysis considering existing and future demand.At this stage, an organisation will normally also consider the policy, regulatory, sustainability and technical environment. Organisation energy objectives review – establish objectives, issues and opportunities.Transitioning to a microgrid can provide benefits to organisations that include reduced electricity purchase costs, on site network investment deferral, DNO connection agreement optimisation, reduced carbon emissions, increased resilience and ancillary revenue streams from assets.įor organisations transitioning to a microgrid, the development cycle will typically include the following key steps: Technology risk reduced due to widespread deployment.Increased focus from organisations to achieve resilience and insulation from external events.Organisations seeking greater certainty and control of their energy costs and risks.Developments in technology leading to reducing costs of distributed generation, energy storage, electric vehicles along with the advancement of automation and control technology.Governmental targets for a low carbon economy.
This growth is primarily being driven by: The global microgrid market is forecast to grow from just over £16.5bn in 2018 to over £29bn globally by 2023. Microgrids can bring a variety of economic, technical and sustainability benefits, which are now being recognised internationally. Typical solutions that can be deployed by businesses include onsite generation, energy storage systems, electric vehicle charging infrastructure, uninterruptible power supplies, multi-site virtual power plants, energy efficiency measures, dynamically controlled load and active network management. Microgrids are electricity distribution systems containing loads and distributed energy resources such as generators, energy storage systems or controllable loads that can be operated in a controlled, coordinated way either while connected to the grid or while islanded1.
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