BTIG analyst Gregory Lewis counts three reasons why the demand for microgrids is approaching an inflection point: 1) the combination of increasing demand for electricity security, 2) improved microgrid economics as the costs of energy storage systems and solar have improved, and 3) energy cost optimization as electricity prices become volatile owing to the intermittency of renewables. A company offering integrated microgrid solutions such as Cleanspark (CLSK), says Lewis, is well-positioned to benefit. Cleanspark’s solution encompasses everything from the design and construction of microgrids, to support and maintenance (largely software). The company has been focused on growth and raised $40 million last October to make several acquisitions.