Novel business models set to drive growth, while cheap natural gas drives a shift away from traditional diesel

A new report from Navigant Research examines the global market for diesel and natural gas generator sets (gensets), analyzing key market and technology developments, and providing forecasts for capacity and revenue, through 2026.

Diesel and natural gensets are the most widely adopted distributed energy resources on the planet. Today’s market shows demand growth for diesel gensets is stagnating as customers look to save money or carbon emissions, and as environmental regulations continue to tighten. Meanwhile, the growing availability of cheap natural gas is driving a shift toward gensets using that fuel. Click to tweet: According to a new report from @NavigantRSRCH, the market for new diesel and natural gas gensets is expected to surpass $33 billion in annual revenue by 2026.

“The global genset industry has much in common with utilities: century-old business models based around fossil fuels and the journey to adapting to the new reality of smarter, cleaner, and more distributed power,” says Adam Forni, senior research analyst with Navigant Research. “In this changing environment, genset companies are leveraging their distributed advantage while adopting new business models related to microgrids, energy storage, and smart dispatch of power to support the grid.”

According to the report, developing economies undergoing rapid electrification still value the flexibility and efficiency of gensets, while countries across the economic spectrum are expected to adopt more grid-tied gensets to support the rapid growth of intermittent renewables.

The report, Market Data: Diesel and Natural Gas Generator Sets, analyzes the global market for diesel and natural gas gensets for six segments: residential, commercial and industrial (C&I) standby, C&I prime and continuous, combined heat and power (CHP), utility, and resource extraction. The study examines key market and technology developments, as well as demand drivers and hurdles related to diesel and natural gas gensets. Global market forecasts for capacity and revenue, broken out by segment, region, and country, extend through 2026. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

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* The information contained in this press release concerning the report, Market Data: Diesel and Natural Gas Generator Sets, 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 Market for New Diesel and Natural Gas...

Microgrids allow the government to decrease reliance on fossil fuel imports and to improve physical and cyber energy security

A new report from Navigant Research examines the market for military microgrids deployed by the US Department of Defense (DOD), providing forecasts for capacity and implementation spending, broken out by segment and scenario, through 2026.

As the single largest consumer of petroleum in the world, the DOD is exploring the use of microgrids to decrease its heavy reliance on fossil fuel imports and to improve physical and cyber energy security. At the same time, the DOD can also use microgrids to reduce the $4 billion it spends on energy across its 523 installations and 280,000 buildings. Click to tweet: According to a new report from @NavigantRSRCH, annual microgrid implementation spending is expected to reach $453.4 million in 2017 and increase to $1.4 billion in 2026.

“The DOD has played a remarkably consistent role in commercializing new technologies that provide tremendous social benefits within the larger civilian realm of society, including microgrids,” says Peter Asmus, principal research analyst at Navigant Research. “Perhaps the biggest impact the DOD could have on future microgrid growth globally is in the developing world.”

According to the report, remote power systems may be able to offer a new model of grid infrastructure that is particularly relevant as Puerto Rico and other Caribbean islands rebuild in the wake of recent hurricanes. The current Trump administration’s emphasis on increasing DOD budgets, as well as simmering tensions with North Korea, could also provide fresh rationales for larger investments in military microgrids, both within the US itself and internationally.

The report, Military Microgrids, analyzes the market for military microgrids deployed by the US DOD in three key segments: stationary bases, forward operating bases (FOBs), and tactical mobile systems. The study provides an analysis of the market issues, including drivers, challenges, and business models, associated with military microgrids. Market forecasts for US DOD capacity and implementation spending, broken out by segment and scenario (conservative, base, and aggressive), extend through 2026. The report also examines programs and case studies related to military microgrids, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

This email address is being protected from spambots. You need JavaScript enabled to view it.

* The information contained in this press release concerning the report, Military Microgrids, 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: Annual Microgrid Implementation Spending by US...

UK cities are demonstrating an impressive commitment to service and technology innovation by embedding smart city ideas into daily operations

A new white paper from Navigant Research, commissioned by Huawei, examines the strategy and execution of 20 leading smart cities in the United Kingdom, highlighting each city’s strategy, key projects, and overall readiness to execute its smart city vision.

The political, economic, social, and environmental challenges facing the UK are increasing the focus on the role of cities in driving innovation in areas such as transportation, clean energy, health and social care, education, and urban sustainability. Cities are responding with support for an ambitious range of technology projects, and they are also developing new strategies and governance models that aim to embed innovation at the heart of city policy. Click to tweet: According to a new white paper from @NavigantRSRCH, Bristol and London are the UK’s leading smart cities.

“Bristol and London continue to set the pace for UK cities. Both are building on their existing programs and are working hard to embed innovation across city operations, infrastructure, and service delivery,” says Eric Woods, research director with Navigant Research. “Bristol has edged ahead to take the top position largely because of the strong momentum it has shown over the last 12 months. The city has made significant strides in extending its innovation programs and in the closer integration of those initiatives into city operations.”

According to the white paper, UK cities are demonstrating an impressive commitment to service and technology innovation. Many cities have begun embedding smart city ideas into city planning and operations while preparing for the impact of the next wave of technologies, including 5G, autonomous vehicles, and machine learning.

The white paper, UK Smart Cities Index, was commissioned by Huawei UK, and evaluates the UK smart city market, with a focus on two dimensions: Strategy and Execution. The Strategy dimension assesses each city’s vision, goals, and objectives as they relate to its smart city program. The Execution dimension assesses the city’s actual achievements from initial projects to full-blown deployment of innovative technologies and services. Cities are profiled, rated, and ranked with the goal of providing an objective assessment of the relative strengths and weaknesses of their smart city programs. The white paper is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

This email address is being protected from spambots. You need JavaScript enabled to view it.

* The information contained in this press release concerning the report, UK Smart Cities Index, 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: Bristol Overtakes London as the United Kingdom’s...

Utilities that fail to act face significant risk

A new report from Navigant Research examines digitization in the utilities industry, providing insight on advantages, barriers, and practical considerations.

For utilities, the concept of digital transformation promises better ways to meet customer demands, more cost savings on business processes, and the advent of new product and service offerings. However, for most, realizing this transformation will require many millions of dollars and multi-year timelines. Click to tweet: According to a new report from @NavigantRSRCH, in 2017, few utilities have begun a wholesale transformation, and those that have soon realize the numerous difficulties they face on their digital journeys.

“Digitization is one of the hottest topics in the utilities industry, however, the conversation often focuses on the end result: a digital nirvana of a highly efficient workforce and fully engaged customers,” says Stuart Ravens, principal research analyst with Navigant Research. “What is missing are the practical steps a utility must take to achieve a digital transformation, which is often a long and arduous journey.”

Digitization is a difficult journey.  The concepts of data governance, data quality, model management, and master data management may seem tactical and IT-focused, but they are critical to success, according to the report.

The report, Utility Digitization Strategies, takes a pragmatic look at digitization in the utilities industry and what digitization means in practice. It discusses the compelling reasons to digitize (e.g., efficiency improvements), as well as the significant barriers to digitization (e.g., regulatory frameworks). The study also examines the many practical considerations that are too often overlooked in the current digitization conversation. An Executive Summary of the report is available for free download on the Navigant Research website.

Contact: Lindsay Funicello-Paul

+1.781.270.8456

This email address is being protected from spambots. You need JavaScript enabled to view it.

* The information contained in this press release concerning the report, Utility Digitization Strategies, 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: Few Utilities Have Embarked on Large-Scale...
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