Understanding Energy Parks

Energy parks are defined as collections of diverse energy resources, such as solar panels, wind turbines, and various forms of energy storage, connected to the grid through a single point of interconnection. Unlike microgrids, which typically serve localized loads and disconnect from the central grid, energy parks are larger-scale entities that can contribute both generation and storage capacities to the transmission system. They offer more than just the sum of their parts by allowing for shared use of components like inverters, which can lead to significant cost savings and operational efficiencies. The concept of energy parks is gaining traction as a potential solution for managing the increasing complexity of renewable energy integration into the grid.