The microgrid opportunity around the world continues to grow significantly. In 2018, the Global Microgrid Market size was 11,400 million US$ and is expected to reach 34,600 million US$ by the end of 2025, with a CAGR of 14.9% during 2019-2025.* The reasons for this expected positive development include the falling cost of solar energy, advances in energy storage, the drive to mitigate climate change, and the cost savings associated with minimizing fossil fuels in remote generation systems. In addition, microgrids will play a central role in bringing electrification to rural and developing regions in which access to reliable, clean and affordable energy is a high priority.
The 13th edition of the Microgrid Global Innovation Forum, September 8-10, 2020 in London, focuses on microgrid advances, case studies and applications in Europe, Africa, Asia-Pacific, and Latin America. Organized by the Smart Grid Observer, the emphasis is on maximizing the effective use of renewable and distributed energy resources, refining the positive business model for a range of microgrid deployments, and sharing real-world case studies in both grid-tied and off-grid/remote environments.