20
Mon, Aug

The anticipated growth of this market is dependent on the emergence of flexible contracting mechanisms

A new report from examines the global market for corporate buyers’ procurement of renewable energy from utility-scale, offsite renewable energy (ORE) projects through 2027.

To reduce greenhouse gas emissions, many large multinational corporations, universities, and municipalities, referred to a­s corporate buyers, are going beyond installing onsite renewable energy systems and engaging in innovative transaction models to procure renewable energy from utility-scale offsite renewable energy (ORE) projects. These models can help corporate buyers meet sustainability and energy spend reduction goals while reducing power market risks for project developers and independent power producers (IPPs). : According to a new report from , the global market for corporate, utility-scale ORE procurement is expected to reach $15.6 billion by 2027.

“Renewable energy project developers and IPPs are increasingly required to compete with traditional electricity generation sources, and the resulting uncertainties in long-term income streams will affect the bankability of renewable energy projects,” said William Tokash, senior research analyst with Navigant. “These new renewable energy transaction models will not only help corporate buyers meet their sustainability and energy spend reduction goals, but will over time will help mitigate project bankability risks for project developers and IPPs.”

Asia Pacific is expected to be the largest region for utility-scale ORE procurement, where annual power capacity and revenue are forecast to reach 9.2 GW and $7.9 billion by 2027. The second largest region is projected to be North America, which is expected to reach 2.7 GW and $3.1 billion in 2027. The anticipated growth of these markets is dependent on the emergence of flexible contracting mechanisms that allow for the creditworthy benefits of a corporate buyer to be recognized by project developers and IPPs.

This Navigant Research report, , analyzes the global market for corporate utility-scale ORE procurement solutions. The study examines the key drivers, barriers, and transaction models related to corporate buyers’ procurement of renewable energy from utility-scale ORE projects. Four transaction models are covered: virtual (physical) power purchase agreements (PPAs), virtual (financial) PPAs (also known as contracts for difference, or CFDs), green direct access tariffs, and community renewables. Global market forecasts for power capacity and revenue, segmented by generation type (solar PV and wind), transaction model, and region, extend through 2027. The report also examines the regional market landscapes, future market developments, and trends for the procurement of renewable energy from utility-scale ORE by corporate buyers.

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Corporate Utility-Scale Offsite Renewable Energy Procurement Solutions, 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 Corporate, Utility-scale...

Uptake remains limited in Eastern Europe, Latin American, and the Middle East & Africa, report finds

July 10, 2018 – Boulder, CO – A new report from analyzes the state of global utility electric smart meter market, tracking data related to customer endpoints, meter manufacturers, advanced metering infrastructure (AMI) communications vendors, systems integrators, and meter data management (MDM) vendors.

In Asia Pacific, the smart meter market has seen limited activity since Navigant’s 2017 report, with a subset of the region’s major countries including Japan and Korea engaging in large-scale projects while others show limited to no activity. China is now moving toward second-generation smart metering, while high volume deployments continue across Japan and South Korea. Although India’s smart meter program has been slow to develop, the emergence of multimillion-meter tenders is helping to drive volumes in this critical market. : According to a new report from , China continues to lead the global smart meter market through 1Q 2018 with upwards of 496 million meters installed, accounting for 68.4 percent of tracked installations.

“As expected, China’s State Grid Corporation of China has nearly concluded its nationwide smart meter rollout in 2018 in the midst of Southern Power Grid’s push toward higher deployment levels,” says Michael Kelly, research analyst with Navigant Research. “Since the release of our previous report, the North American smart meter market has seen a handful of new project announcements, meanwhile in Europe, large and small-scale smart electric meter deployments have already been achieved, with activity remaining high as national rollouts continue.”

According to the report, in Eastern Europe, Latin America, the Middle East & Africa, disparate small and mid-scale AMI deployments continue to propagate, while others face barriers to entry inhibited by financial constraints.

This Navigant Research report, , provides an analysis of global utility smart meter projects. It tracks data related to global customer endpoints, meter manufacturers, AMI communications vendors, systems integrators, and MDM vendors. The Tracker also includes an examination of the technologies, timeframes, and vendor selections for AMI deployments around the world, as well as vendor selection share analysis for North America.

 Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report Global AMI Tracker 2Q18, 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 China Continues...

As the intelligent buildings market evolves, the advanced sensors and electric submeters market will become more multifunctional and cost-effective

A new report from examines the global market for advanced sensors and electric submeters, providing global market forecasts segmented by product, building type, and region, through 2027.

Advanced sensors and submeters provide the data streams that can be used by building data analytics and software to translate data into actionable information for building performance improvement. Therefore, investment in these devices facilitates the development of more holistic energy management and enterprise integration strategies. In addition, technology trends such as the Internet of Things, cloud computing, and the adoption of mobile devices are expanding the business case for investment in advanced sensors and electric submeters. : According to a new report from , global revenue from advanced sensors and electric submeters could grow to $6.1 billion in 2027.

“Intelligent building solutions enabling the translation of granular data into actionable insight are gaining traction around the world. Therefore, sensors and submeters that feed data into the system have a pivotal role to play in the intelligent buildings market,” says Christina Sookyung Jung, research analyst with Navigant Research. “Insights from this sort of data-rich facility support stakeholders across the organization—from occupants and facility management and to the C-suite.”

The advanced sensors and electric submeters market is poised for steady growth in the next decade as intelligent building solutions gain deeper market penetration across customer segments and geographies. Navigant Research expects that global revenue from advanced sensors and electric submeters will grow from $2.7 billion in 2018 to $6.1 billion in 2027 at 9.4% CAGR, and the Middle East & Africa is expected to grow the fastest with a 12.2% CAGR.

This Navigant Research report, , analyzes the global market for advanced sensors and electric submeters that support the development of intelligent buildings. The study examines seven product types: electric submeters and occupancy, photo, CO2, humidity, temperature, and multifunctional sensors. Global market forecasts, segmented by product and building type and region, extend through 2027. The report also examines how advanced sensors and electric submeters deliver business value through intelligent building solutions and provides recommendations to support global customer adoption of the devices.

Contact: Ellie Stutts

+1.202.973.3249

* The information contained in this press release concerning the report, Market Data: Advanced Sensors and Electric Submeters, 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 Revenue...

As the intelligent buildings market evolves, the advanced sensors and electric submeters market will become more multifunctional and cost-effective

A new report from examines the global market for advanced sensors and electric submeters, providing global market forecasts segmented by product, building type, and region, through 2027.

Advanced sensors and submeters provide the data streams that can be used by building data analytics and software to translate data into actionable information for building performance improvement. Therefore, investment in these devices facilitates the development of more holistic energy management and enterprise integration strategies. In addition, technology trends such as the Internet of Things, cloud computing, and the adoption of mobile devices are expanding the business case for investment in advanced sensors and electric submeters. : According to a new report from , global revenue from advanced sensors and electric submeters could grow to $6.1 billion in 2027.

“Intelligent building solutions enabling the translation of granular data into actionable insight are gaining traction around the world. Therefore, sensors and submeters that feed data into the system have a pivotal role to play in the intelligent buildings market,” says Christina Sookyung Jung, research analyst with Navigant Research. “Insights from this sort of data-rich facility support stakeholders across the organization—from occupants and facility management and to the C-suite.”

The advanced sensors and electric submeters market is poised for steady growth in the next decade as intelligent building solutions gain deeper market penetration across customer segments and geographies. Navigant Research expects that global revenue from advanced sensors and electric submeters will grow from $2.7 billion in 2018 to $6.1 billion in 2027 at 9.4% CAGR, and the Middle East & Africa is expected to grow the fastest with a 12.2% CAGR.

This Navigant Research report, , analyzes the global market for advanced sensors and electric submeters that support the development of intelligent buildings. The study examines seven product types: electric submeters and occupancy, photo, CO2, humidity, temperature, and multifunctional sensors. Global market forecasts, segmented by product and building type and region, extend through 2027. The report also examines how advanced sensors and electric submeters deliver business value through intelligent building solutions and provides recommendations to support global customer adoption of the devices.

Contact: Ellie Stutts

+1.202.973.3249

* The information contained in this press release concerning the report, Market Data: Advanced Sensors and Electric Submeters, 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 Revenue...

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