![]() ![]() I believe microgrids will expand to the point where they become almost indistinguishable from, well, the grid.Hitachi has announced that it has completed the procedures for its 80.1% investment in the company operating power grids business that had been carved out from ABB Ltd, pursuant to the acquisition agreement signed on December 17, 2018. "Our aim is for the next thirty years to bring electricity to remaining almost one billion people who still don’t have access to power or reliable power," she says. She also believes Hitachi's role as a global player will help microgrids proliferate to all corners of the world. Maxine believes Hitachi's digital capabilities will help complement Power Grids' control technologies. In 2018, ABB Power Grids announced a joint venture with Hitachi. "By participating and retaining those customers and offering them the same capabilities, they're able to also leverage those assets and also participate in that market," she says.ĪBB is a Swedish-Swiss company with roots going back to the 1880s. Maxine adds that utilities are getting into the space as well. Are electric bills higher? Maxine believes microgrids leverage a phenomenon called "value stacking," whereby the investment will yield greater reliability, sustainability, resiliency, and ultimately profitability through rooftop solar, for instance. I was curious how this compares to the convention grid. "It's the key components of microgrids that now are able to address the broader topic of integration of renewables." ![]() "It's not just what I would call a 'microgrid' that helps the integration of renewables," says Maxine, referring to the storage and control features. Maxine says microgrids are able to address these challenges by leveraging energy storage and advanced control systems. Many of these examples have a complex number of demand and supply considerations.
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