A microgrid is a localized grouping of electricity sources and loads that normally operates connected to and synchronous with the traditional centralized grid (macrogrid), but can also disconnect to operate autonomously as physical or economic conditions dictate. Microgrids can be used to provide reliable, resilient, and cost-effective electricity to a variety of customers, including residential, commercial, industrial, and institutional. Microgrids are becoming increasingly popular as a way to reduce electricity costs, improve reliability, and increase energy security. They can also be used to integrate renewable energy sources such as solar and wind, and to provide ancillary services to the grid. Companies in the microgrid market include ABB, Siemens, Schneider Electric, General Electric, Eaton, and Honeywell. Show Less Read more
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