Market Research Report
Energy as a Service - Commercial and Industrial Energy as a Service Applications and Deployment Models: Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||528125|
|Published||Content info||44 Pages; 47 Tables, Charts & Figures
|Energy as a Service - Commercial and Industrial Energy as a Service Applications and Deployment Models: Global Market Analysis and Forecasts|
|Published: July 12, 2017||Content info: 44 Pages; 47 Tables, Charts & Figures||
The electric power industry is facing a fundamental shift from centralized generation toward a more decentralized grid known as the Energy Cloud. Commercial and industrial (C&I) energy and sustainability managers are choosing to apply new technology and business model innovations driven by the Energy Cloud to meet energy needs. Navigant Research anticipates that these evolving grid and customer factors will converge to give rise to demand for vendor-based energy business model disruptors that can provide turnkey energy as a service (EaaS) solutions.
EaaS can be defined as the management of one or more aspects of a customer's energy portfolio-including strategy, program management, energy supply, energy use, and asset management-by applying new products, services, financing instruments, and technology solutions. While in its early stages, the EaaS market consists of third-party vendors, utility services companies, and potential business model disruptors deploying niche technical, financing, or procurement solutions like solar PV power purchase agreements, energy services performance contracts, and deregulated electricity market retail brokerage services. As the EaaS market matures, it is expected to give rise to the outsourcing of energy portfolios and turnkey vendors equipped with a comprehensive set of technical, financing, and deployment model options. According to Navigant Research, the annual global market for the deployment of C&I EaaS is expected to reach $221.1 billion by 2026.
This Navigant Research report analyzes the global market for the deployment of turnkey EaaS focused primarily on large Fortune 500 equivalent C&I customers. The study provides an analysis of the market issues, including drivers, barriers, and regional and global trends, associated with EaaS offerings and deployment models. Global market forecasts, segmented by region, application, and deployment model, extend through 2026. The report also examines the key applications related to EaaS, as well as the vendor landscape.