The need for microgrid control systems is increasing significantly on a global scale, according to SkyQuest, for a number of reasons. The growing demand for constant and dependable power supply across many industries worldwide is one of the major causes. By storing extra energy and releasing it when needed, energy storage devices are essential for controlling and stabilising the intermittent nature of renewable energy sources like solar and wind power.
This lessens reliance on conventional fossil fuel-based generating and helps to assure a more dependable and uninterrupted power supply.
A microgrid is an all-encompassing energy system that uses regional distributed energy resources (DERs) in a particular location. Local loads, generating equipment like solar or wind turbines, and energy storage tools like batteries or fuel cells can all be included in this list of resources. A microgrid's flexibility in operation, encompassing "islanded" (off-the-grid) and grid-connected modes, is one of its defining characteristics.
Throughout the forecast period, the hardware segment is anticipated to retain a sizable proportion of the worldwide microgrid control system market. This section includes a variety of elements necessary for the effective operation of microgrid control systems. These parts include of relays, metres, local controllers, digital input and output modules, analogue input and output modules, communication networks, local controllers, data loggers, and recorders.
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