What’s a Nanogrid?
Nanogrids are small microgrids, typically serving a single building or a single load. Navigant Research has developed its own definition of a nanogrid as being 100 kW for grid-tied systems and 5 kW for remote systems not interconnected with a utility grid.
In many ways, nanogrids appear to be an even more radical rewiring and rethinking of the world’s energy future than microgrids, according to Navigant’s report “Nanogrids: Grid-Tied and Remote Commercial, Residential, and Mobile Distribution Networks: Global Market Analysis and Forecasts.”
Nanogrids mimic the innovation that is rising up from the bottom of the pyramid and capturing the imagination of growing numbers of technology vendors and investment capital, particularly in the smart building and smart transportation spaces, says Navigant. In other ways, nanogrids are more conventional than microgrids since they do not directly challenge utilities in the same way. Nanogrids are restricted to a single building or a single load, and therefore do not bump up against regulations prohibiting the transfer or sharing of power across a public right-of-way.
From a technology point of view, perhaps the most radical idea behind nanogrids is a clear preference for direct current (DC) solutions, whether these systems are connected to the grid or operate as standalone systems, according to Navigant.
Despite the small scale of nanogrid solutions, a number of familiar names are already active in these nanogrid markets, among them Bosch, Eaton, Emerson Network Power, Johnson Controls, and NRG Energy. Navigant Research forecasts that global nanogrid vendor revenue will grow from $37.8 billion in 2014 to $59.5 billion in 2023.
- 6 Steps from Getting the Most From Every Lighting Retrofit
- Essential Guide to Lighting Retrofits and Upgrades
- What You Need to Know About Demand Charges
- 2014 Environmental Leader Product and Project Awards
- 2014 Insider Knowledge Report
- Energy Efficiency Ratings: Benchmarks that Drive Excellence in Building Design & Operations
- The CFO and the Sustainability Reporting Chain
- NAEM Trends Report: Planning for a Sustainable Future
- Act Local, Think Global: To Drive Agrifood Supply Chain Sustainability
- EHS Managers: The Evolution from Necessary Evil to Vital Leaders
- Energy Efficiency Requires Engineering Efficiency
- Integrated Building Optimization: A Crucial Convergence of Demand-side and Supply-Side Energy Management Strategies
- Driving Productivity and Profit with Industrial Energy Management
- Energy Procurement in 2014: Products & Programs to Optimize Savings
- BUYING STRATEGIES IN A VOLATILE MARKET: What Businesses Need to Know about Retail Electricity Procurement