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Why Microgrids are Becoming Increasingly Important for Businesses in the Future

Why Microgrids are Becoming Increasingly Important for Businesses in the Future
A microgrid is a localized source of power generation that normally operates connected to the larger grid but can work either in tandem with or in isolation from it. A great example of a microgrid on a small scale is at home solar panels, but microgrids on a larger scale are playing an increasingly important role in the business world across a variety of industries not only for the power sensitive nature of these operations, but the utility they provide in ensuring that production never has to cease. 

Crypto Mining

Crypto mining has gone from a niche venture to a multibillion-dollar industry, seemingly overnight. Cryptocurrencies are digital means of exchange that aren’t reliant on any one central authority. In general, they traditionally draw their value through the blockchain, which is a list of records secured by cryptography that document the creation of a new coin, its ownership, and anyone whom it might be transferred to in a secure ledger. Mining is the validation of these transactions, which can result in a new coin as a reward to the miner. Crypto mining is an extremely computing intensive process, especially for older coins like Bitcoin and Ethereum. As such, any interruption of power generation can be devastating. A microgrid helps to prevent this by ensuring that power continues no matter what. In the context of a crypto mining operation, this normally refers to continuous power generators. 

Agriculture

Agriculture has become mechanized and increasingly automated over the years. Even a brief interruption to power generation can cause devastating crop failure and detrimental effects on livestock. Increasingly, agricultural businesses are turning to microgrids to ensure that they never run out of power. Depending on the type of agricultural business and their needs, this can mean continuous power generators that feed back into the main grid, backup power generators, green energy sources, or any combination thereof. Microgrids help to keep plants and animals healthy and ensure the independence of farmers both on the small time and enterprise levels alike. 

Mining and Drilling

Mining and drilling are both energy intensive processes and shutting down production for even a couple of hours can lead to devastating financial losses. Additionally, mines may require numerous modes of power generation and distribution to ensure the health and safety of the miners. Mining operations are increasingly turning to microgrids to make this a reality. Generators, batteries, green energy, and even geothermal solutions all have a role to play in modern mining operations to help ensure not only miner safety, but the independence of the operation. 

GenTech can help you to get the most out of your power generation solutions. Our expert team at Gen-Tech Power Generation Specialists are EGSA certified technicians with the skills and up to date knowledge necessary to keep you up and running, no matter what, for many years to come. Our expert team can help you to find the perfect microgrid solution no matter your needs or industry. Give us a call at (800) 625-8324 to schedule a service appointment today! 
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