Market Research Report
Country Forecasts for Distributed Energy Storage: Distributed Energy Storage System Capacity and Revenue Forecasts for Leading Countries
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||521680|
|Published||Content info||33 Pages; 219 Tables, Charts & Figures
Delivery time: 1-2 business days
|Country Forecasts for Distributed Energy Storage: Distributed Energy Storage System Capacity and Revenue Forecasts for Leading Countries|
|Published: September 10, 2019||Content info: 33 Pages; 219 Tables, Charts & Figures||
The distributed energy storage industry has seen significant growth over the past 5 years as a result of several key factors. Distributed energy storage systems (DESSs), installed behind-the-meter (BTM) for either commercial and industrial (C&I) or residential buildings, are inherently flexible. DESSs can be deployed rapidly, have the potential to provide multiple grid and customer benefits, and can generate multiple value streams.
In recognizing the benefits of DESSs, particularly the ability to reduce congestion on the network and limit the need for peak capacity resources, utilities around the world have launched programs to deploy DESSs on their electrical systems. Utility involvement, along with cost declines, government incentives, and increased solar PV integration are the primary growth drivers responsible for increased DESS deployments. Despite increasing momentum, with installation growth rates soaring in several geographies, long-standing uncertainties concerning feasible uses and cost-effectiveness remain. Consequently, DESSs are expected to remain concentrated in select markets in the near term before spreading to new areas as system costs decrease and business models continue to be refined.
This Navigant Research report provides forecasts for distributed-scale ESSs deployed globally in terms of power capacity (MW), energy capacity (MWh), and revenue generated from the development of new projects in 26 countries. These forecasts cover systems providing all major distributed-scale energy storage services and applications. The report details developments in 16 major countries. Forecasts include the most common technologies for distributed-scale energy storage for 2019-2028.