In each case the Microgrid system is being introduced to replace existing and costly diesel systems, which will save thousands of litres of fuel per year. Opium Power is working on the design, build and operation of several Microgrid projects ranging from 150MW – 250MW outside the UK. In addition, electricity cost savings could typically range from 25%-30% (without storage) to more than 60% in very remote locations with high diesel prices. Hybrid technology will come to rely more heavily on advanced energy storage technologies as well as sophisticated control and management systems that will increase energy conversion efficiency, allow operators to utilise all their assets fully and ensure both stability of supply and greater profitability.Īny combination of wind, photovoltaic solar, battery storage and other renewable technology, will ultimately deliver a lower cost per kWh and shorter payback time than conventional fossil fuel generation, while at the same time ensure consistent grid stability and power quality. With poor grid connectivity in many distant and rural areas, decentralised energy has a major role to play, and hybrid solutions offer the advantages of flexibility, reliability and economies of scale. A much larger and more effective energy sector will be needed to sustain the continent’s projected economic growth. Yet, current energy trends indicate that in 2030 there will still be 655 million people in Africa without access to power (42% of the population). According to the International Renewable Energy Agency (IRENA), Africa’s GDP could increase roughly three-fold by 2030. Hybrid energy has significant advantages for developing countries and remote locations, many of which have a fast-growing need for electricity or a requirement to replace old, inefficient and fossil fuel systems.
#ARE MICRO GRIDS BECOMING MORE POPULAR FULL#
These renewable energy generators can be integrated alongside existing power generation systems, enabling companies and communities to make full use of these assets, ensuring a stable supply.
Microgrids can also be tailored to the environment, adapting to variations in weather and utilising peak seasons for wind and solar. Pairing geothermal and solar, wind and waste to energy systems, or another combination of renewable energy systems with batteries, will lead to a more efficient and balanced output for electricity networks. As renewable energy technologies become more advanced, there is a growing interest in the benefits of combining two or more renewable energy sources, which has become known as hybrid energy.
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