Growing demand for space cooling and interest in net zero energy buildings are driving regional uptake of energy efficient building solutions

A new report from examines the market for energy efficient building technologies in Asia Pacific, providing market forecasts for products and services, segmented by eight commercial building types, and by new construction and retrofit spending, through 2026.

In Asia Pacific, energy consumption in buildings is expected to continue to grow rapidly, spurred by high economic growth and the increasing demand for cooling in warm climate regions. At the same time, as the focus on energy efficiency increases, most governments in the region have taken energy efficiency into serious consideration, pursuing green building certificate programs, a growing interest in net zero energy (ZNE) buildings, and the digital revolution of energy efficiency solutions. : According to a new report from , energy efficient buildings market revenue in Asia Pacific is expected to grow from $65.3 billion in 2017 to $111.3 billion in 2026.

“There is a growing demand for space cooling, as well as interest in ZNE buildings in Asia Pacific,” says Christina Jung, research analyst at Navigant Research. “Together, these two trends are driving the uptake of energy efficient building technologies, particularly in the region’s two most rapidly growing economies, China and India.”

While existing technologies can save more than two-thirds of major end-use energy consumption in buildings, two-thirds of global building energy use is still not subject to minimum energy performance standards. According to the report, this signals a vast potential market for building energy efficiency solutions providers in Asia Pacific and beyond.

The report, , analyzes the market for energy efficient building technologies in Asia Pacific. The study focuses on seven product types (HVAC, lighting, building controls, water efficiency, water heating, building envelope, and other) and two service types (commissioning and installation). Market forecasts, which are also segmented by eight commercial building types and by new construction and retrofit spending, extend through 2026. The report also provides an analysis of the market dynamics, including market drivers and hurdles, opportunities, and unique programs that are helping to extend and broaden commercial building efficiency throughout Asia Pacific. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Market Data: Energy Efficient Buildings Asia Pacific, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Market Revenue for Energy Efficient Buildings in...

Technology improvements and cost reductions are anticipated to continue driving installations

A new report from offers a country-level analysis of all offshore wind markets, including related policies, incentives, and regulatory environments, wind turbine market shares by country, and global market forecasts for offshore wind power capacity, segmented by project status and country.

Offshore wind continues to be an abundant clean energy solution for many coastal load centers where a greater proportion of population and energy demand is located. In addition, the resource is becoming more cost-effective with each competitive tender in Europe, with industry-leading countries such as the UK, the Netherlands, Denmark, Germany, and Belgium well into a transition phase to market-oriented policies that drive project costs down. : According to a new report from , the global wind industry installed an estimated 3.3 GW of new offshore capacity in 2017, bringing the global cumulative total to almost 17 GW.

“While the onshore wind market is larger in terms of total megawatt plant capacity added annually, offshore wind is growing more quickly,” says Jesse Broehl, senior research analyst at Navigant Research. “It is forecast to grow at an 11.1 percent compound annual growth rate between 2017 and 2022, compared to single-digit growth rates for onshore wind.”

Contributing to this forecast is a substantial 7.9 GW in varying levels of construction, primarily in Europe but also increasingly in China, according to the report. Other factors driving the market include technology improvements, such as an increase in turbine blade rotor diameters exceeding 160 meters, and cost reduction strategies in power-purchase agreements and other pricing metrics.

The report, , provides a country-level analysis of all offshore wind markets, including related policies, incentives, and regulatory environments. The study assesses global wind project construction and advanced development underway. Global market forecasts for offshore wind power capacity are segmented by project status and country. Turbine vendor data is provided, including global market shares and more granular installed capacity by country and by wind turbine vendor. Also detailed are average rotor diameters and turbine nameplate ratings by installed year, along with the market share diversification of offshore foundation types. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Offshore Wind Market and Project Assessment 2017, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: The Global Wind Industry Installed an Estimated...

Virtual power plants can provide both self-consumption optimization and participate in all electricity markets

A new report from examines the potential revenue streams available to distributed renewables generation assets in front of the meter using virtual power plants (VPPs).

With the decline of feed-in tariffs and net metering, distributed renewables providers are exploring new ways to provide value through these installations. Energy storage systems can help, but because they are still relatively expensive, a software-based platform that matches supply and demand in real-time is a promising alternative. : According to a new report from , the aggregation of distributed renewables assets into mixed-asset VPPs can help provide value to distributed renewables providers.

“The aggregation of distributed intermittent renewables is still relatively new—currently, only commercial and industrial installations are targeted, which are aggregated mostly through fee-based trading services solutions and are only sparsely used to provide ancillary services,” says Roberto Rodriguez Labastida, senior research analyst with Navigant Research. “In the residential market, aggregation is used mostly as a marketing tool and offered alongside other services like system sales and installations.”

In the near future, however, better resource forecasting, cheaper communications, and larger project portfolios are expected to help reduce the risk of participating in these markets. At home, aggregation becomes more attractive when other energy assets like batteries, electric vehicle charging, and connected HVAC are also managed by a VPP. With these assets and the generation system, the VPP can provide both self-consumption optimization and participate in all the electricity markets, according to the report.

The report, , explores the potential revenue streams and other sources of value available to distributed renewables generation assets in front of the meter using VPPs (not considering those available through load management). It also explores the aggregation services and the solutions that are being developed around them. Navigant Research focuses on deregulated markets (also known as consumer choice markets) in this report due to their transparency, but the analysis and recommendations are valuable to players working in regulated markets as well. The report also examines the key challenges related to the implementation of renewables aggregation strategies and provides case studies of VPP-enabled renewables business models. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Distributed Renewables Aggregation Strategies in VPPs, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Aggregation of Distributed Renewables Assets...

To adequately mitigate challenges and enable distributed energy resources integration, pervasive visibility into the network is needed

A new report from analyzes the global marketplace for distributed energy resources (DER) communications hardware and services, providing global market forecasts, broken out by segment, category, technology, and region, through 2026.

As DER proliferates, utilities and third-party owners have ramped up investments in asset connectivity and networking for improved operating economics, energy efficiency, and grid reliability. Control and communications at the DER level are anticipated to enable the development of markets for aggregated clean resources and services, service-oriented business models, and integrated grid management strategies. : According to a new report from , North America is expected to lead communications hardware and services revenue for DER integration until 2020, when Asia Pacific is anticipated to become the top market through 2026.

“Growing penetrations of DER threaten distribution grid stability and greatly complicate the grid management process for utilities,” says Michael Kelly, research analyst at Navigant Research. “To date, the structure of the distribution grid adds to the complexity of the problem, primarily due to the lack of sensing, intelligence, and high-speed communications at the edge of the grid.”

While compensation schemes will need to be developed to coordinate utility data access and control, demand for visibility at the DER level is expected to supersede most regulatory or cost considerations, according to the report. In order to adequately mitigate challenges and enable DER integration, pervasive visibility into the network is needed, and third-party DER owners must also pursue communications capabilities to optimize system performance and deliver the maximum benefits to end customers.

The report, , analyzes the global marketplace for DER communications hardware and services. The study examines the key market issues related to growth in DER communications capabilities, including drivers, challenges, and emerging trends. Global market forecasts, broken out by segment, category, technology, and region, extend through 2026. Analyses of communications technologies include: cellular, fiber, low power wide area networks (LPWA), point-to-multipoint (P2MP), radio frequency (RF) mesh, power line communications (PLC), and Wi-Fi. The report also examines the key applications related to DER communications, as well as the competitive landscape. An Executive Summary of the report is available for free download on the .

Contact: Lindsay Funicello-Paul

+1.781.270.8456

* The information contained in this press release concerning the report, Communications Technologies for DER Integration, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: North America Is Expected to Lead Communications...

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