Microgrid Technology Employment Prospects Analysis

Why are key market players investing in Microgrid technology?

Key market players are heavily investing in research and development to innovate and improve microgrid technologies including advancements in energy storage systems, smart grid technologies, and integration of renewable energy sources.

How can microgrids create employment opportunities?

Microgrids’ design, construction, operation, and maintenance can create employment opportunities in various fields, such as engineering, project management, and technical services. One of the examples is the Gomal Zam Dam Solar Microgrid project in South Waziristan, which provides electricity to approximately 30,000 residents [ 99 ].

Why is the microgrid market growing?

Recent microgrid market growth has been driven by the efficiencies of the new operational paradigm coupled with a diversity of DERs, resilience and reliability concerns, and clean energy priorities [ , , , ]. Between 2014 and 2018, microgrid costs decreased by an estimated 30% [ 23 ].

Can a microgrid attract economic development?

In recent years, customers have worked with the utility to size generation and install advanced controls to leverage peak-shaving generators for backup power; thereby creating small industrial-scale microgrids. Yet another example of this model entails a microgrid designed to attract economic development.

What is a microgrid recruitment strategy?

The recruitment strategy targeted experts involved in decision-making for and management of microgrid technologies. Interviewees were not excluded based on microgrid deployment status. The research team conducted 20 interviews in 11 states, including five in the Midwest, five in the Southeast, and ten in the West.

What are the commercial applications of microgrids?

Commercial applications is one of the largest segments of the market. Microgrids are being used by businesses to reduce their reliance on the main grid and improve energy efficiency.