19
Sun, Aug

First Transactive Energy Markets will Appear within the Next 5-10 Years

A new report from analyzes the pace of global adoption of transactive energy (TE) markets.

While fully-fledged TE markets will take many years to mature, there are significant drivers that create a positive environment. TE markets can help manage volatility caused by high concentrations of distributed energy resources (DER) in parts of the distribution network. Regulators are increasingly receptive to permitting residential customers to participate in new energy markets, where a market-based financial return could replace existing subsidy programs.

According to the report, ubiquitous TE markets are still many years away, as they continue to battle vested interests, legacy technology infrastructure, regulations, and taxation issues.

“Australia and Germany will likely be the first markets to move away from trials into large-scale deployment, but others—including France, the UK and Japan—will soon follow,” says Stuart Ravens, Principal Research Analyst with Navigant Research. “In the US, where the vertically integrated business model is an additional barrier, adoption will be driven by individual states. California and New York are two leading contenders, because of their DER-friendly energy policies.”

Current TE trials around the world can help identify future profits. This is not a simple task. : According to a new report from , the first TE markets will appear within the next 5-10 years, despite more bullish statements from the market.

This report, , complements Navigant Research’s previous research on the opportunities TE. The study analyzes the market issues, including demand drivers and barriers, associated with the development of TE markets and business models. Global market forecasts, broken out by segment, technology, and region, extend through 2026. The report also examines the value streams related to TE and provides recommendations for DER owners, network utilities and suppliers, TE vendors, and other stakeholders exploring the emerging TE markets.

Contact: Stefanie Bradtner
+49.221.270.70.142

* The information contained in this press release concerning the report, Transactive Energy Markets 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: Transactive Energy Markets Provide New...

To enhance competitiveness and meet customer expectations of new technologies, utilities and retail suppliers should invest in customer-centric DSM products

A new report from  examines the global market for customer engagement through DSM (CEDSM), providing market forecasts for spending segmented by region, through 2027.

As customer expectations grow for new technologies, so does the market for CEDSM products, making it easier for utilities and retail suppliers to engage with them. However, uncertainty in the long-term cost-effectiveness of these solutions remains a barrier to global adoption, in addition to region-specific competitiveness of a deregulated energy supply market. : According to a new report from @NavigantRSRCH, global spending on CEDSM is expected to reach $1.1 billion by 2027.

“Because of the changes in consumer expectations, utilities and retail suppliers are seeking DSM software solutions that can lower the cost-to-serve and improve customer satisfaction and engagement,” says Brett Feldman, principal research analyst with Navigant Research.

According to Navigant, to enhance CEDSM competitiveness and customer acceptance, utilities and service providers should focus on combining budgets and revenue streams to cover costs, transition to newer business models while complementing existing DSM programs rather than replacing them, and offering accurate building energy use models to build customer trust.

This report, , examines the global CEDSM market, with a focus on market drivers and barriers, case studies, and forecasts for residential and commercial and industrial (C&I) CEDSM spending. The study examines the trends related to CEDSM to highlight regional activities and approaches to behavioral DSM and utility marketplaces. Global market forecasts for spending, broken out by segment and region, extend through 2027. The report also profiles key CEDSM solutions providers and provides recommendations for utilities, retail suppliers, and vendors that aim to enhance CEDSM effectiveness.

Contact: Stefanie Bradtner
+49.221.270.70.142

* The information contained in this press release concerning the report, Utility Customer Engagement through DSM, 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: Navigant Research Report Shows Global Spending...

Software and energy monitoring solutions have emerged to derive insights from consumer energy data

A new Leaderboard Report from  examines the strategy and execution of 14 home energy management (HEM) software companies, with Oracle and Tendril ranked as the leading companies.

Rapid growth in smart home technology has bolstered the digitization of homes and the market for the smart devices within them. With this trend, a competitive list of energy management software platform providers looking to dominate the HEM space to gather insights from the data these devices deliver. : According to a new Leaderboard report from , Oracle and Tendril are the leading HEM software providers.

“Leaders in this market have shown their strengths with refined products that move beyond the pilot stage to full deployments with larger customers,” says Paige Leuschner, Research Analyst with Navigant. “We believe Oracle and Tendril are doing this with a broad portfolio of HEM applications that deliver impactful reductions in the overall energy usage of end customers.”

According to Navigant Research, four of the companies ranked in this Leaderboard Report are smaller startups offering energy monitoring services at a smaller scale. They are working to secure additional customers to become more significant in the HEM and related markets.

This report, , examines the strategy and execution of 14 companies that offer software-based HEM solutions. These players are rated on 10 criteria: vision; go-to-market strategy; partners; technology; geographic reach; sales & marketing; product performance; product portfolio & integrations; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global HEM market.

Contact: Stefanie Bradtner
+49.221.270.70.142

* The information contained in this press release concerning the report, Navigant Research Leaderboard: Home Energy Management 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: Oracle and Tendril Named Leading Home Energy...

Blockchain energy platforms must emphasize operational efficiency before the technology can be widely adopted in the energy sector.

A new report from analyzes the market for blockchain-based platforms in the utilities industry, providing forecasts for wholesale energy trading, EV charging and integration, and transactive energy platforms through 2026.

In 2016 and 2017, millions of dollars flowed into energy-related blockchain projects, and the adoption of the technology continues to grow. As decentralized energy markets emerge, these opportunities for energy-specific blockchain applications are an important target for industry. : According to a new report form @NavigantRSRCH, the total utility spending on blockchain-based platforms is expected to reach $3.7 billion by 2026.

“The expectations for blockchain in the energy sector are sky-high, helped along by hundreds of millions of dollars in venture capital investments and initial coin offering (ICO) fundraising,” says Johnathon de Villier, Research Analyst with Navigant Research. “However, the technology is still immature and unproven, and utility spending will grow at a much more measured pace.”

Future blockchain development in the utility industry depends on external technological factors, including the penetration of smart meters and networked charging infrastructure for electric vehicles. According to the report, blockchain adoption will not be disruptive until Internet of Things devices and communications technologies are integrated into compatible blockchain networks.

This report, , provides an overview of the developing market for blockchain-based platforms in the utilities industry. The study focuses on wholesale energy trading, certificates of origin, EV charging and integration, meter registration and switching, and transactive energy platforms. Global forecasts of utility spending, segmented by region and use case, extend through 2026. The report also describes the components of a blockchain architecture and explores the competitive landscape and key challenges that must be addressed before blockchain can be widely adopted in the energy sector.

Contact: Stefanie Bradtner
+49.221.270.70.142

* The information contained in this press release concerning the report, Utility Blockchain Applications Market Overview, 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: Utility Spending on Blockchain-based Platforms...

More Articles ...

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Announcing: Participating Companies At India's Largest Electric Vehicle & Smart Mobility Event_ Grab Your Passes No… https://t.co/5bvIrR19N1
Friday, 17 August 2018 10:07
SolarQuarter Meet 2018 Award Winners: Solar PV ModuleTECH Awards 2018_Heartiest Congratulations! - https://t.co/4cBviyv7wb
Thursday, 16 August 2018 12:52
SolarQuarter EMobility Week India 2018 Only 36 Seats Remain! Secure Your Spot! 23 Aug 2018_New Delhi - https://t.co/mmAuUGkxCd
Saturday, 11 August 2018 08:23

Advertisement