Embedded Electricity Networks are privately owned and managed networks that buy energy and onsell it to tenants within a specific precinct or property.
Microgrids are private electricity networks that use local energy generation sources (e.g. rooftop solar) to supply that network. It may be capable of operating with or without support from the main power grid. Microgrids are monetised through the use of Embedded Networks.
Microgrids can also offset their grid energy purchases with their own local generation and get full retail value for the energy they generate, rather than the wholesale price they may otherwise have received.
Embedded Networks and Microgrids work best to create extra revenue in precinct developments like: