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The program is part of the Christie administration's efforts to rebuild infrastructure after Superstorm Sandy and is targeted at critical facilities throughout the state
One could argue that building automation and the utility-to-commercial building space--let's call it Smart Buildings 1.0--has matured.
According to a recent report from Navigant Research, annual revenue from microgrids for stationary military bases and FOBs will reach $377.8 million by 2018
Seeking to integrate renewable energy sources, improve grid reliability, and reduce peak loads, a handful of innovative utilities are moving forward with microgrid projects despite institutional bias and regulatory obstacles
Microgrid systems attract interest due to enhanced reliability and self-reliance. From technical and economic perspectives, microgrid development poses challenges and opportunities. Integrating system management makes it possible to realize smart operation—to maximize system efficiency and security while lowering operational costs.