Microgrid control system market is anticipated to grow at a considerable CAGR of 12.5% during the forecast period. The growing demand for renewable energy has driven the growth of the 4Infrastructure have completed a renewable energy microgrid project on Terceira, a Portuguese Azores island. The islands have great potential to be powered by renewable energy sources, particularly wind, hydroelectric power and geothermal energy. The project on Terceira uses Fluence’s sixth generation battery storage solution, Gridstack, and Siemens’ smart energy controls software, to help integrate renewables for utility Electricidade dos Açores (EDA).

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Fluence supplied a 15MW/15MWh battery energy storage system (BESS), and with the addition of a further 6MW of renewable energy, Terceira can more than double its share of renewables on its grid to 60.0%. Siemens’ Spectrum Power Microgrid Management System (MGMS), manages the interaction between the island’s power generation infrastructure, the BESS and the island’s power consumption.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Global Microgrid Control System Market Report Segment

By Type

Grid-Connected
Off-Grid

By End-User

Utilities
Cities & Municipalities
Industrial
Other (Defense)

Rest of the World

Latin America
Middle East & Africa

The Report Covers

Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global microgrid control system market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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