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Microgrid Market Size – Industry Growth Potential Report 2024

Global #Microgrid market size is anticipated to grow appreciably complying to stringent government norms pertaining to greenhouse gas emissions.

FSGIM will soon be ISO 17800!

From the email announcement by Steve Bushby

I wanted to let everyone know that the ISO/TC 205 draft international standard (DIS) ballot for the FSGIM closed with a unanimous vote for approval. Because there were no negative votes and no comments to resolve, the standard can move directly to the publication process without an additional international vote. I don’t know the timing of this but the bottom line is that the FSGIM will soon be published as ISO 17800. This is great news and a tribute to all of the hard work of SPC 201.

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Microgrid Market worth 34.94 Billion USD by 2022

Free PDF Brochure Download @ http://tinyurl.com/q5db6yr

The microgrid market is estimated to reach USD 34.94 Billion by 2022, at a CAGR of 10.9% between 2016 and 2022. Growing demand for scalable and economic grid controls, cheap and clean energy storage options, and shift towards remote grids in the military segment are the factors driving the microgrid market positively.

Among the grid-types available, remote grid-type is expected to grow at the highest rate in the microgrid market. The heavy decline in prices of solar PV and wind power sources has resulted in the drop of overall power generation cost, when compared to centralized power grids. This is the key reason behind the growth of remote/ island microgrids.

The market for residential & commercial vertical is expected to grow at a high CAGR during the forecast period. The need for continuous and uninterrupted supply of power and electricity in healthcare vertical and increasing demand for rural electrification projects in the markets in India and Africa is a key reason behind the sharp growth.

FSGIM is an ANSI/ASHRAE/NEMA Standard!

Paraphrased from the email announcement by Steve Bushby

The galley proof of the FSGIM was approved this morning, so as of today the FSGIM is an ANSI/ASHRAE/NEMA standard.  An international ballot in ISO/TC 205 will be initiated tomorrow for approving the FSGIM as a Draft International Standard. Depending on how that vote comes out, it could become an ISO standard without any additional voting steps.
 
The Users Guide was approved by SPC 201P and is now the subject of a mail ballot within the NEMA Codes and Standards Committee. Within the next week that should be completed. If NEMA also approves we will proceed directly with publication. A publication ready version is already in the hands of ASHRAE staff.
 
This is a great milestone that we have reached because of hard work from many people over a long period of time. The chair has asked the ASHRAE Standards Committee to keep the committee intact for one year as a resource for addressing questions and interpretations that come up from people using the standard.

and on a personal note...

It has been a thoroughly enjoyable and rewarding process working with all of you.  I will keep the mailing lists and web site up and running for another year so the committee has easy access to the historical content.

If you hear of people that have questions or need clarifications that don't require an official response from the committee, feel free to refer them to this community.

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