KERN COUNTY MICROGRID (KCMG)
Semiconductors - Bakersfield, California, United States
KERN COUNTY MICROGRID (KCMG) Employees
KERN COUNTY MICROGRID (KCMG) Details
Using advanced technology, KCMG allows homeowners to RESELL EXCESS ELECTRICITY back to the grid.KCMG was formed to meet the needs of electrical consumers in Kern County, California, USA but also to participate in the regional public utility transmission planning process, in accordance with Federal Energy Regulatory Commission (FERC) Order 1000. The stated purpose was to increase regional transmission development by eliminating long-standing monopolies and create competition and incentives for innovative, cost-effective projects.The U.S. Department of Energy Microgrid Exchange Group defines a MICROGRID as a group of interconnected loads and Distributed Energy Resources (DERs) within clearly defined electrical boundaries that acts as a single controllable entity with respect to the grid. A microgrid can connect and disconnect from the grid to enable it to operate in both connected or island-mode.TRANSACTIVE ENERGY (aka SMART GRID) refers to the economic and control techniques used to manage the flow or exchange of energy within an existing electric power system in regards to economic and market-based standard values of energy. It is a concept that is used in an effort to improve the efficiency and reliability of the power system, pointing towards a more intelligent and interactive future for the energy industry.BLOCKCHAINS are an enabling component of secure, digital crypto-currencies, such as Bitcoin and Etherium. These currencies provide a medium for value exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. All transactions are stored in cryptographically-immutable distributed ledgers called blockchains while trusted executable smart contracts implement transaction logic and other business process behaviors. This combination of components helps provide the transaction transparency and tamper-resistance needed for building and maintaining trust between transacting parties.
