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Microgrid Enabling Technologies : Distributed Generation, Inverters, Energy Storage, Load Controls, Electric Vehicles, and Software Networking: Global Market Analysis and Forecasts


News provided by

Reportlinker

Jan 22, 2015, 09:28 ET

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NEW YORK, Jan. 22, 2015 /PRNewswire/ -- The microgrid market has changed significantly since 2012. For example, a much greater emphasis is now being placed on the economic value microgrids bring to the entire utility-led macrogrid. Furthermore, the value proposition for advanced energy storage has been greatly advanced by governments and regulators in key microgrid markets. Perhaps the most noteworthy change, though, is the investigation of new business models designed to support full commercial implementation of microgrid systems.
This report profiles a variety of microgrid enabling technology (MET) options, many of which play significant roles as the purpose and design of microgrids expand to encompass technologies and services related to smart buildings, demand response, distribution and substation automation, and smart meters. The leading market opportunity within the realm of microgrids is with different forms of distributed generation (DG), including diesel generators, natural gas generators, and other forms of renewable DG. However, there is market opportunity within the microgrid space beyond DG. In fact, advanced energy storage will represent the single largest investment category among MET options by 2023, though DG investments as a whole will still be larger. According to Navigant Research, global annual DG vendor revenue is expected to grow from $1.8 billion in 2014 to $9.6 billion in 2023.

This Navigant Research report analyzes the global market for significant METs, including diesel generators, natural gas generators, fuel cells, solar PV, distributed wind, other renewables (micro-hydro and biomass), combined heat and power (CHP), smart islanding inverters, advanced energy storage, plug-in electric vehicle (PEV) energy storage capacity, and microgrid software. The study provides an analysis of the market issues, including technology drivers and implementation challenges, associated with microgrid technologies. Global market forecasts for capacity and revenue, segmented by technology and region, extend through 2023. The report also examines the basic principles and commercial time horizons for key METs, as well as the competitive landscape.

Key Questions Addressed:

Which technologies represent the best near- and long-term investment opportunities within the microgrid space?
How do distributed generation (DG) options stack up in terms of microgrid market share globally?
Which standards are shaping markets for different classes of key microgrid components?
Who are the leading players when it comes to providing integration and optimization technologies for microgrids?
How do key large technology players differentiate themselves in this market?
Why will software spending on microgrids double on a percentage basis over the next decade?

Who needs this report?

Distributed generation (DG) technology suppliers
Battery storage innovators and integrators
Inverter manufacturers
Microgrid developers
Smart building managers
Utilities
Regulators
Investor community
Read the full report: http://www.reportlinker.com/p02375402-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com

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Contact Clare: [email protected]
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Intl: +1 339-368-6001

SOURCE Reportlinker

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