US Microgrid Forecast H2 2019: Commercial Customers Lead Market Demand

This report delves into the state of the US microgrid market and includes Wood Mackenzie's outlook through 2024. We are currently tracking 2,963 planned and operational microgrid projects across the United States. This report explores what type of customers have installed these systems, where they have been installed, customer motivations, and how these trends will play out over the next five years. We also review recent policy, financing and technology changes.

Table of Contents

• 1. Introduction and key findings
• 2. Microgrid market overview
• 3. Regional trends and policy updates
• 4. Microgrid market forecast
• 5. Forecast methodology
• 6. Appendix

List of Figures

• Annual installed microgrid capacity (MW) by year and technology

• Developers are optimizing for different project sizes

• Decline in third party financing aberration from trend

• Project pipeline capacity by technology type^*

• Annual installed capacity by region

• Operational capacity installed from 2017 to November 2019 by region

• Annual forecasted capacity by region

• Changes in H2 2019 forecast from H1 2019

• Cumulative capacity forecast with upside and downside risk

• U.S. microgrid year-on-year capacity additions, 2010-2024E

• Forecasted capacity by technology type

• Forecasted annual total addressable market by technology subcomponent^*

• Forecasted installed capacity by customer segment

• Microgrid forecast methodology, 2019E-2024E

• States with high potential for microgrid growth