Market Research Report
Microgrid Enabling Technologies Market Overview - Biomass, CHP, Diesel, Energy Storage, Fuel Cells, Hydro, Solar PV, and Wind: Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||603344|
|Published||Content info||86 Pages; 64 Tables, Charts & Figures
|Microgrid Enabling Technologies Market Overview - Biomass, CHP, Diesel, Energy Storage, Fuel Cells, Hydro, Solar PV, and Wind: Global Market Analysis and Forecasts|
|Published: February 2, 2018||Content info: 86 Pages; 64 Tables, Charts & Figures||
The driving force behind microgrid deployments is the growth in a wide variety of distributed energy resources (DER). As one of many options to aggregate and optimize these DER, the microgrid platform challenges the status quo by allowing for new levels of resilience and reliability in light of emerging threats to global power grids ranging from extreme weather events, earthquakes, and wildfires to terrorist threats. At the same time, microgrids can help organize mixed asset fleets of DER at the distribution network level. With the right set of control technologies, this platform can not only offer value streams to site hosts, but also provide value upstream to the larger grid.
Microgrids represent a key component of an emerging Energy Cloud focused on resilience and renewable energy integration. This report focuses on microgrid enabling technologies (MET), which consist primarily of different kinds of distributed generation (DG). The aggregate of DG resources-biomass, combined heat and power (CHP), diesel, fuel cells, hydroelectric, solar PV, and wind-represents the lion's share of potential revenue for microgrid implementation spending. These are the hardware assets that are the most common and typically serve as the backbone of the microgrid value proposition: maximizing the value of onsite power generation. According to Navigant Research, global cumulative MET implementation spending is expected to reach nearly $112 billion by 2026.
This Navigant Research report analyzes the global market for MET, with a focus on eight DER: biomass, CHP, diesel, energy storage, fuel cells, hydroelectric, solar PV, and wind. The study provides an analysis of the market issues, including case studies, government incentives, and emerging standards, associated with MET. Global market forecasts for capacity and revenue, segmented by technology and region, extend through 2026. The report also examines the key technologies and hardware related to MET, as well as the competitive landscape.