Distributed energy
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Navigant Research has released a new report analysing the US non-wires alternatives market

The research firm forecast a 20% market growth between 2018 and 2028.

Annual revenue is expected to reach $333 million by 2028.

According to the study:

  1. The proliferation of distributed energy resources (DER) technologies is providing grid operators with new mechanisms to address capacity constraints and replace strained grid infrastructure. Non-wires alternatives use DER to provide grid relief sufficient to defer more traditional upgrades like new poles or wires. 
  2. Demand response and energy efficiency make up the bulk of Non-wires alternatives projects today.
  3. The majority of utilities investing in non-wire alternatives are investor-owned. However, municipal utilities and electric cooperatives are starting to invest in technology.

Jesse Mehrhoff, a research analyst with Navigant Research, said: “Several states are moving toward mandated NWA exploration, and legislative and regulatory drivers to NWA will likely spark state-level pockets of NWA activity.

“The development of more, cheaper DER technologies will also help to grow the NWA market.”

For more information about the report, click here.