microgrid
/ˈmaɪkroʊˌɡrɪd/
Definition
A localized energy system with its own power generation and storage capacity that can function independently from or in connection with the primary electrical grid.
Etymology
The word is a compound formed from the prefix 'micro-' (derived from the Greek 'mikros', meaning small) and 'grid' (referring to an electrical power network). It emerged in the late 20th century to describe smaller-scale, localized power networks distinct from large, national utility infrastructures.
In the news
In this article, industrial microgrids are highlighted as complex energy assets that require sophisticated modeling to help businesses manage power efficiently and sustainably. Gridcog's software is specifically designed to simulate these systems to assist companies in transitioning to renewable energy.
ABB invests in Gridcog's digital platform to scale next-generation energy projects
Read the full article ↗The Manila Times