How can a microgrid reduce energy costs?

By incorporating distributed energy resources (DER), a microgrid can help save on energy costs by sending excess electricity back to the grid during peak demand. This not only improves reliability but also optimises energy management.

What is a grid connected microgrid?

Grid-connected microgrids: They have a physical connection to the utility grid through a switching mechanism at the point of common coupling (PCC); however, they can be disconnected into island mode and reconnected back to the main grid when required.

What are the different types of microgrid solutions?

1. Microgrid solutions from Schneider Electric Schneider Electric offers efficient microgrid solutions based on a combination of Edge Control Systems, Connected Products, Applications, Analytics, and Services. Connected Products include Uninterruptible Power Supply (UPS), Grid-Tie String Inverters, and Hybrid Inverters.

How are microgrids different from smart grids?

Microgrids are different from smart grids. A microgrid is a self-sufficient and localised energy system serving a discrete geographic footprint, which may be a business centre, hospital complex, etc. It includes distributed energy sources and multiple loads, which can be operated parallelly with the broader utility grid.