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The Microgrid Revolution: Business Strategies for Next-Generation Electricity
The electricity industry, having been in price for more than 100 years, has established tremendous power and influence. But as solar-and wind -based energy business face fundamental challenges that threaten their century-old business models. This book explains the current state of electricity production, identifies its widespread problems, and proposes a specific approach and particular solution to the puzzle of supplying clean energy for the 21st-century world. The introductory chapters lay the groundwork for the author's provocative thesis, and the concluding chapters elaborate on it with broad implications. By examining the subject material from the perspectives of public policy and regulatory concerns, corporate strategy, industry structure changes, innovation, and climate as well as from a technological angle, readers from divers industries and professional backgrounds will be able to understand how the coming electricity revolution is something we all have the power to influence.rnThis is an accessible book meant for the concerned or interested layperson. It is aimed at policy makers wishing to encourage and foster the new energy industry anchored in renewables and progressively moving away from coal burning. It will also help enterpreneurs and prospective enterpreneurs and new business development and stra tegy professionals in existing companies. rnThe book proposes that the topology of the grid of the future is a cluster of interworking and complementary microgrids of various sizes working synergistically—a federation of microgrids. This federation of microgrids will resemble the honeycomb-like structure used to describe the cellular networks; some describe the topology of microgrid clusters as fractals.rnThe book makes comparisons between the telecommunications industry of about 20 years ago and the electricity business today. The parallels are striking, and the differences are notable too. The success can—admittedly qualified, yet transformative and even revolutionary—of telecom be replicated in the creation of a new energy infrastructure. Comparisons are apt, and policies are replicable, with suitable modifications.rnOf course, the book has business, economics, public policy, technology, and climate change-related ideas, but they are presented in easy-to-understand terms. References at the end of the book may help the interested reader dive deeper.
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