Distributed Energy Resources Global Forecast: Distributed Renewables, Fuel Cells, Generator Sets, Energy Storage, Microgrids, Electric Vehicle Charging, and Demand Response Capacity and Revenue: 2015-2024
LONDON, Dec. 2, 2015 /PRNewswire/ -- The proliferation of distributed energy resources (DER) around the world has begun to have a significant, and at times controversial, impact on the power and utilities sector. The specific drivers of DER growth—including technology advances, business model innovation, and changing regulations, as well as sustainability and resiliency concerns—vary from region to region. The overarching goal of DER deployments is to integrate these resources effectively in order to make the electricity grid more efficient, resilient, cost-effective, and sustainable.
Annual installed capacity across the global DER market is expected to grow from 136.4 GW in 2015 to 530.7 GW in 2024, representing $1.9 trillion in cumulative investment over the next 10 years. This rapid expansion will force a major shift away from the centralized, one-way electrical grid that has remained the norm for the past century. In many markets today, DER deployments are challenging incumbent grid operating models, requiring a more dynamic network with advanced communications and orchestration to ensure stability, efficiency, and equality. Given the diversity of available DER technologies and rapidly declining costs, most countries are expected to see more new DER capacity deployed than centralized generation capacity in the coming decade, especially solar PV, generator sets (gensets), and energy storage.
This Navigant Research report provides a quantitative analysis of the global market for DER technologies and assesses the key regional market developments and technology trends. The technologies and solutions covered include distributed solar PV (
Key Questions Addressed:
Which countries will represent the largest markets for distributed energy resources (DER) in the coming decade?
What will be the mix of DER technologies for different countries and regions worldwide?
What are the key drivers for different DER technologies around the world?
How are DER technologies evolving in terms of cost and integration into the grid?
What have been the major DER developments in each global region to date?
How will DER deployments displace traditional, centralized generation around the world?
Who needs this report?
Distributed solar PV vendors
Genset and microturbine vendors
Small and medium wind vendors
Fuel cell vendors
Microgrid vendors
Electric vehicle (EV) charging vendors
Energy storage technology vendors and service providers
Utilities and grid operators
Investor community
Download the full report: https://www.reportbuyer.com/product/3439150/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article