Power Regulation Hardware
Hardware that adjusts voltage, power factor, and other characteristics of grid electricity in real time: in buildings, avoids equipment damage and reduces demand charges; in distribution and transmission networks, improves hosting capacity for renewables and reduces congestion
LUX TAKE:
Power regulation hardware will slowly find a stronger customer base on a region-by-region basis as grid instability escalates due to intermittent renewable power generation, but will compete directly with distributed energy resource management systems (DERMS), which seek to provide the same stability using existing energy resources. To date, power regulation hardware has seen limited but growing ...