It has the capability to operate autonomously through the generation and storage of electricity and seeks to effectively and efficiently consume electricity. Improving reliability and reducing costs and emissions.
A Microgrid incorporates the elements of an Embedded Network, including the regulatory requirements and consumer protections, and takes it a step further to incorporate current and emerging technologies, such as Solar Generation, Battery Storage and Electronic Vehicle (EV) charging. It also incorporates energy efficiencies specifically for the Common Areas – such as LED lighting, sensor lighting, elevator management, HVAC (heating, ventilating, and air conditioning) and heat pumps.
It’s about providing cost effective electricity solutions that maximises the use of renewable energy and enable communities to, either individually or collectively, benefit from the communal generation, storage and supply.
Consumers are grappling with the rising cost of electricity, the threat of reliability, and the necessity of reducing their carbon footprint. The result is a push towards electricity independence and self-sustainability.
What if you can’t physically pursue independence and self-sustainability?
Consumers that own or rent a property within a multi-tenant building, such as an apartment building or shopping centre, in most cases do not have any allocated roof or basement space – key to implementing infrastructure such as Solar Generation and Storage. This fundamentally stifles investment and removes the possibility of energy independence and self-sustainability.
We must therefore look to the Owners Corporation, Body Corporate or single owner for investment.
Fortunately, many of these multi-tenanted buildings, residential and commercial, have been set up with the preliminary phase of a Microgrid, a private electricity network known as an Embedded Network. This private network can facilitate the integration of generation and storage and share the benefit amongst Occupiers.