Alternative Energy
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How solar and battery technology are advancing the smart grid
Smart grid technology is now ingrained in modern power distribution systems worldwide. Many countries have reinvigorated their power grids with smart grid systems that enable active monitoring, distribution optimization, outage notification, and much more. And as adjacent technologies are integrated into utility intelligence, we’ll continue to see iterative improvement to the smart grid.
Effective renewable energy management in microgrids
With the increase in the human population and new industries being set up, the demand for electric energy keeps increasing every year. Fossil fuel-based generation, which accounts for the majority of the current energy demands, is also being used to fulfil these increased energy demands. This is slowly leading to the depletion of fossil fuels and an increase in the prices of coal and natural gas. According to the International Energy Association, the average natural gas prices were four times higher in Europe in the first half of 2022 compared to the same period in 2021, while coal prices were more than three times higher. Fossil fuels are also major contributors to greenhouse gases and are responsible for increased global warming.