In an era where sustainable energy solutions are gaining momentum, microgrids have emerged as a promising avenue for powering communities and businesses. The New Energy Landscape is a transformation of centralized power generation to local, decentralized power generation, where the energy chain value has a directional exchange of energy, enabling stakeholders’ autonomy over their energy. Businesses are obligated not only to return a profit to shareholders but also to deliver on Environmental, Sustainability, and Governance (ESG) goals, with the responsibility to develop a roadmap of attaining net zero by 2050.
This column aims to shed light on the concepts of microgrids and the significance of transfer switches in microgrid applications.
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