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Technavio: Top 10 Vendors of Microgrid Technology

A microgrid is a type of power grid that is much smaller than the traditional centralized electrical grid. It is localized and operates independently of a larger grid. Microgrids generate, distribute, and control the flow of energy to consumer. Moreover, developers and owners of microgrids can sell the excess power generated to utility companies. These advantages have increased the adoption of microgrid technology in a number of verticals including the Institutions, Remote Systems, Military, and Industrial sectors.

As is such, The Global Microgrid market is expected to witness significant growth at a CAGR of 25.7 percent over the next four years, leading to an overall market value of US$ 13 billion by 2016.

The majority of this number will be divided amongst a group of companies that we’ve identified as the Top 10 Vendors of Microgrid Technology—all of which are featured below.

GE co.

“GE powers the world with the cleanest, most advanced technologies and energy solutions From FlexEfficiency Combined Cycle power, to smart grids that help utilities manage electricity demand, to gas engines that run on organic waste, our technology currently helps to deliver a quarter of the world’s electricity.”

http://www.ge.com

Pareto Energy Ltd.

“Pareto Energy empowers clusters of energy users to in-source and self-govern their own energy within an infrastructure that is integrated locally in peer-to-peer networks known as microgrids and that serves to provide less expensive, more reliable and cleaner electric power, heating and cooling.”

http://www.paretoenergy.com

Power Analytics Corp.

“Power Analytics is a privately held developer of electrical power system design, simulation, and power system analytics software. Headquartered in San Diego, California, the Company’s worldwide operations include 30 sales, distribution, and support offices located throughout North America, South America, Europe, Asia, and Africa.”

http://www.poweranalytics.com

Viridity Energy

“Viridity Energy strives each day to educate and empower our customers with the most effective software platform in the energy market place. We pride ourselves on our unique technology solution, our in-depth industry expertise, and our unmatched commitment to maximizing the effectiveness of our customers energy strategies.”

http://www.viridityenergy.com

ABB Ltd.

“ABB (www.abb.com) is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while minimizing environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.”

http://www.ABB.ca

Chevron Energy

“Finding newer, smarter, cleaner ways to power the world begins with the one energy source we have in abundant supply: the power of human energy.”

http://www.chevronenergy.com

Echelon Corp.

“Echelon Corporation develops, markets and supports the world’s most proven, open standard, multi-application energy control networking platform. Echelon’s vision from its inception 20 years ago is one of low-cost embedded monitoring and control technology in every electrically controlled device in the world.”

http://www.echelon.com

Microgrid Energy LLC

“Microgrid is the leading Midwest comprehensive building energy services provider, with a focus on renewable energy and efficiency, as an installing contractor, and as a consultant to businesses, nonprofits, and local governments. We have built a reputation for consistently delivering a high level of professionalism and expertise.”

http://www.microgrid-solar.com

Siemens AG

“For 100 years the innovative ideas from Siemens have helped make Canada a better place. From the Atlantic to Pacific oceans, more than 4,500 employees in Canada work together to provide answers that last in the fields of industry, energy and healthcare, as well as deliver infrastructure solutions for cities.”

http://www.siemens.ca

Spirae Inc.

“Spirae is an innovative technology company that delivers scalable smart grid solutions to global partners and customers. Spirae specializes in the integration of large-scale renewable and distributed energy resources, the development of local and wide area controls, energy service platforms and power system simulations.”

http://www.spirae.com

 

NOTE: The list above is in no particular order.

Source: Technavio