Industrial Giants, Led by ABB, Prepare for Surge “You have to think about reliability first, and solar production second,” Kuran said. The firm then went on to build its SunWave module, which features a solar panel and microinverter that attach to power poles to create a smart grid network in half an hour’s time, Kuran said. Department of Energy to study how solar penetration affects electrical grids. Since its start in 2006, Petra Solar has won around $6 million in grants from the Solar Energy Grid Integration System (SEGIS) program by the U.S. Speaking at a January solar-smart grid conference in New Jersey hosted by Greentech Media, he said that the clean technology company itself was investing in smart grids. In order for solar to be successful, you really need smart grid to go there.” Shihab Kuran, president and CEO of New Jersey-based Petra Solar, said: “Seventy percent more solar energy could be implemented if you incorporate smart grid features. With a more efficient connection, more clean energy could reach consumers rather than get held up on an outdated grid. The global expansion of smart grids means that renewable energy sources could increasingly hop onto a system that tracks energy flows in real-time and responds immediately to digital commands, thus taking much of the risk out of going green. But the movements are not adequately controlled and can lead to costly stoppages, energy leaks and overwhelming voltage levels. To compensate, fossil fuel-powered energy then ticks up or down. On a traditional electrical grid, the intermittent flows from wind farms or solar plants can sag or surge. “Smart grids are absolutely essential to the widespread adoption of solar and wind energy,” Minnihan said. Smart Grids: ‘Absolutely Essential’ for Clean Power Nearly 75 percent of that money will come from utilities updating their grids to make way for the smart grid revolution, Steve Minnihan, a Lux Research analyst and the lead author of the report, told SolveClimate News. To handle the data explosion, utility companies and industrial power firms are expected to nearly triple the current $12.8 billion smart grid market to $34.2 billion by investing in the distribution hardware, management software and information technology (IT) needed.
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