Distributed energy resources have played a critical role in the transition of the traditional energy industry into a distributed ecosystem
BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant Research provides technology capacity and revenue forecasts for 14 leading distributed energy resources (DER) technology markets globally.
The proliferation of DER is among the most disruptive trends to the traditional energy industry for the foreseeable future. This trend is encouraged by declining technology costs and innovative long-term, price-based instruments that support the grid parity of DER globally. Click to tweet: According to a new @NavigantRSRCH report, new global DER capacity deployments—including distributed generation, distributed energy storage, electric vehicle charging load, demand response, and energy efficiency—are rapidly outpacing the deployment of new centralized generation capacity.
“DER has played a critical role in the transition of the traditional energy industry into a distributed ecosystem,” says Pritil Gunjan, senior research analyst at Navigant Research. “This shift away from centralized generation requires innovative technologies and solutions on the part of grid operators, including advanced software and hardware that enable greater control and interoperability across heterogeneous grid elements that are key components of the Energy Cloud.”
Although most DER use cases support the electrification needs for behind-the-meter and onsite generation, existing and planned additions of centralized generation around the world greatly influence the proportion of DER technologies in the system. According to the report, the diversity of the 14 DER technologies examined affect regional variations in capacity additions compared with centralized generation additions over the coming decade.
The report, Global DER Deployment Database, covers DER technologies grouped in four parts of the value chain that generate, manage, and consume electricity. The study provides technology capacity and revenue forecasts for 14 leading DER technology markets globally. It also provides data on applications and regions where the proliferation of these resources is expected to have the greatest influence over the next decade until 2030, segmented by residential and other end consumers including commercial, industrial, community/multifamily, institutional, military, and remote (island) installations, grouped under the commercial, industrial, and institutional (CI&I) category. An executive summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Guidehouse, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Global DER Deployment Database, 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 Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.