Market Research Report
Transactive Energy Markets: Monetizing DER for the Commercial and Industrial, Residential, and Vehicle-to-Grid Segments
|Published by||Navigant Research||Product code||632836|
|Published||Content info||42 Pages; 20 Tables, Charts & Figures
Delivery time: 1-2 business days
|Transactive Energy Markets: Monetizing DER for the Commercial and Industrial, Residential, and Vehicle-to-Grid Segments|
|Published: May 2, 2018||Content info: 42 Pages; 20 Tables, Charts & Figures||
Many people are already well aware of transactive energy (TE) and flexibility since they have been topics of discussion for the past decade. However, recent developments have brought about a rash of TE trials since 2016. One significant driver is the development of blockchain. In addition, the TE value chain is more customer-centric than the old model of centralized generation. Regulators are increasingly warming to the idea of a future where customers can get a market-based financial return on their distributed energy resources (DER) investments rather than relying on subsidies.
For the first few years, TE adoption will be focused on a handful of specific markets. Australia and Germany will be the first to move out of trials and into larger-scale deployments. Japan, France, and the UK all show interest, while adoption in the US will be focused on a few markets with policies that are driving DER adoption, such as California and New York. However, TE must battle against vested interests, legacy infrastructure, technology, regulations, taxation, and attitudes. To date, a functioning business model around which TE can develop does not yet exist. Current TE trials around the world should help identify how money can be made in the future. Navigant Research anticipates that the first TE markets will appear in the next 5-10 years.
This report complements Navigant Research's previous research on the opportunities for blockchain to support TE. The study analyzes the market issues, including demand drivers and barriers, associated with the development of TE markets and business models. Global market forecasts, broken out by segment, technology, and region, extend through 2026. The report also examines the value streams related to TE and provides recommendations for DER owners, network utilities and suppliers, TE vendors, and other stakeholders exploring the emerging TE markets.