By Travis Hoium
As the cost of solar energy has fallen, it has opened up new markets that were once unimaginable in energy. Five years ago, it seemed impossible that a million homes in the U.S. could be powered by solar energy, but that's the goal of just one company -- SolarCity -- and it hopes to accomplish this goal by 2018.
As the cost of solar energy falls and new technologies like energy storage, smart meters, and demand response advance, new opportunities open up, like microgrids, which can create a self contained energy ecosystem. If designed right, microgrids can produce more renewable energy, cause less strain on the grid, and even provide technology that could change energy around the world.
What's a microgrid?
A microgrid is an electric grid that is much smaller than a city,... Read More