This exclusive study will bring together a consortium of utilities, project developers, software and hardware providers, and other key microgrid and nanogrid stakeholders, to:
Discuss best practices and forward-looking business models
Explore regulatory frameworks that can facilitate market growth
Collaborate with industry peers and develop lasting relationships with key partners across the small grid industry in a close, collegial and low risk environment.
Providing access to a high-level team of Navigant small grid subject-matter experts in a casual, in-person group setting, the study will provide answers to the following questions:
What are the most promising economic models for financially sustainable microgrids and nanogrids?
What are the key technologies (and key vendors) playing or emerging in the small-grid sector?
What are the critical deployment issues and opportunities particular to small-scale grids?
What are the primary microgrid/nanogrid growth drivers, markets, and segments?
A combination of state and federal incentives, along with dropping solar panel prices and the high cost of conventional energy in New York, have persuaded more businesses and residents to take a serious look at sun power.
Instead of running thick heavy copper wires to harvest low voltage DC power from multiple solar photovoltaic panels in a solar farm, the smart, energy efficient and cost saving option now is to use micro solar inverters embedded below the solar panel itself, so that the stepped-up AC voltage from the micro-inverters are connected to a gridlike AC bus, which is lighter, cheaper and less lossy. A kind of mini smart grid to connect solar panels of different capacities. This also solves another issue of inconsistent energy generation due to shade.
o what has changed to make solar suddenly more attractive? “Solar energy costs are in consistent decline. Costs now stand at 1 per cent of where they were 30 years ago. There has been a 70 per cent decline in the cost of solar panels,” he says.
SCTY business model on thin ice.
Lower cost, increasing efficiency, and technology alternatives may undermine retained value play.
Accelerating need for GHG-reduction may marginalize solar PV.
Securitizations of solar leases and PPAs will suffer from other market developments.
Net metering — in which solar customers sell excess energy to the grid, getting credits for when they need to draw power from it, like at night — is under threat in some states and is an uncertain model that could render solar systems uneconomical, Goldman said.
With storage, however, consumers would no longer be tied to the grid and grid parity — the point at which solar energy costs roughly the same as power from the grid — is only a decade away in some states, Goldman said.