22
Sat, Sep

While combined heat and power was the leading distributed energy resources choice for microgrids in 2017, solar is expected to lead by 2026

A new report from examines the market for microgrid enabling technologies (MET), providing global forecasts for capacity and revenue, segmented by technology and region, through 2026.

As one of many options to aggregate and optimize growing penetrations of distributed energy resources (DER), the microgrid platform allows for new levels of resilience and reliability, and can help organize mixed asset fleets of DER at the distribution network level. With the right set of control technologies, this platform can not only offer value streams to site hosts, but also provide value upstream to the larger grid. : According to a new report from , global cumulative MET implementation spending is expected to reach nearly $112 billion by 2026.

“Microgrids represent a key component of an emerging Energy Cloud focused on resilience and renewable energy integration,” says Peter Asmus, principal research analyst with Navigant Research. “Biomass, combined heat and power (CHP), diesel, fuel cells, hydroelectric, solar PV, and wind represent the lion’s share of potential revenue for microgrid implementation spending, and serve as the backbone of the microgrid value proposition: maximizing the value of onsite power generation.”

From a global perspective, CHP was the leading DER choice for microgrids in terms of capacity in 2017, with 655 MW deployed, followed by solar PV (392 MW), and then diesel (385 MW). By 2026, however, the MET landscape is expected to shift, with solar PV jumping to a commanding lead with 3,786 MW annually, followed by energy storage with 3,292 MW, according to the report.

The report, , analyzes the global market for MET, with a focus on eight DER: biomass, CHP, diesel, energy storage, fuel cells, hydroelectric, solar PV, and wind. The study provides an analysis of the market issues, including case studies, government incentives, and emerging standards, associated with MET. Global market forecasts for capacity and revenue, segmented by technology and region, extend through 2026. The report also examines the key technologies and hardware related to MET, 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, Microgrid Enabling Technologies 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: Cumulative Implementation Spending on Microgrid...

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...

More Articles ...

Advertisement

Translator

Advertisement
Advertisement

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter 100 CXOs Confirmed To Attend Solar CEOs Meet & RE Sundowner 2018_17 Sep 2018, New Delhi, Radisson Blu Plaza, Aeroci… https://t.co/NmytYpREMp
Friday, 14 September 2018 08:09
SolarQuarter EV Investment & Finance Summit Is Here_Book Your Seats Today_1 Nov 2018, Mumbai - https://t.co/4I4pOy8M5j
Wednesday, 12 September 2018 05:07
SolarQuarter Hey << Test First Name >>, Here's Your Event Photo Gallery, Checkout The Amazing Moments - https://t.co/qE0yhHY7w0
Wednesday, 05 September 2018 13:08

Advertisement