Behind-the-meter distributed energy storage systems that provide uninterruptible power supply service to non-mission critical operations benefit utilities and facility managers

A new report from analyzes the market for distributed energy storage systems with uninterruptible power supply (UPS) capabilities for non-mission critical operations (UPSX), providing an overview of market issues and revenue forecasts through 2026.

Historically, the high costs of UPS systems have made commercial and industrial (C&I) facility managers with non-mission critical operations hesitant to invest in the resiliency technology. Today, a new UPS application, UPSX, is emerging that leverages behind-the-meter (BTM) C&I distributed energy storage system (DESS) technology to provide grid ancillary services to utilities and competitive markets, as well as electrical demand charge reduction and resiliency to C&I facility managers. : According to a new report from , the annual global market for the deployment of UPS service from distributed energy storage is expected to reach $2.7 billion by 2026.

“Many C&I facilities with non-mission critical operations view electrical service outages as an unmanageable cost of doing business due to the high costs of traditional UPS service systems,” says William Tokash, senior research analyst with Navigant Research. “Navigant Research anticipates the emergence of a new UPS service option for this sector will leverage DESS and financing innovation to address this unmet need.”

According to the report, stakeholders now focused on the DESS applications market will begin to add UPS system capabilities to the design and operation of their DESSs. In turn, these UPSX capabilities will begin to address the unmet electrical outage mitigation needs of C&I customers in non-mission critical sectors, while offering an improved business case, increased grid reliability, and financing innovation.

The report, , examines the drivers, barriers, and regional trends affecting the deployment of UPSX. The study provides an analysis of the market issues, including drivers, barriers, and geographic trends, associated with UPSX solutions. Global market forecasts for UPSX revenue, segmented by region, building type, and technology, extend through 2026. The report also examines the key technologies related to UPS systems, 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, Advanced Energy Storage for UPS Applications, 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 Annual Market for Uninterruptible...

Genset vendors are embracing new value streams to provide added value to customers and to compete against falling prices of solar and energy storage

A new report from examines the global market for diesel and natural gas reciprocating generator sets (gensets), providing an analysis of key market developments and issues, with global forecasts that extend through 2026.

As the global power equation shifts toward generation that is more distributed, intelligent, and interconnected, smart features are being incorporated into gensets at a growing pace. Customers are now demanding advanced features like enhanced maintenance, microgrid interactivity, and demand response, enabled by advances in control technologies and the increasingly ubiquitous connectivity of devices in the Energy Cloud. : According to a new report from , the market for smart gensets is expected to surpass $18.5 billion in annual revenue by 2026 at a compound annual growth rate (CAGR) of 10.5 percent.

“Gensets are gaining a surge of smart features, thanks to improved controls and software, and demands from customers that they provide more services,” says Adam Forni, senior research analyst at Navigant Research. “While many older gensets just waited for the grid to go down, smart gensets are increasingly interactive—with human operators, with other DER, and with the grid itself.”

Customers adopt smart gensets for a variety of applications, but some common project characteristics include critical loads, remote sites, sophisticated customers, higher fuel costs, and larger and more complex projects. According to the report, genset vendors and controller and software companies are embracing these value streams, both to provide added value to customers and to compete against the falling prices of alternative energy resources like solar and storage.

The report, , analyzes the global market for diesel and natural gas reciprocating gensets for six segments: residential; commercial and industrial (C&I) standby; C&I prime and continuous; C&I combined heat and power (CHP); utility; and resource extraction. The study provides an analysis of key market developments and issues, with a focus on three key smart genset applications (operator-interactive, microgrid-interactive, and grid-interactive). Global market forecasts, broken out by segment, country, and region, extend through 2026. The report also examines the main technologies related to smart gensets, 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, Smart Gensets 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 Market for Smart Generator Sets Is...

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...

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