According to Navigant Research, the commercial and industrial (C&I) segment, which added more than 2GW of capacity for projects that are operating, under development, and proposed.
“Within the next decade, microgrids serving C&I applications are expected to become the fastest-growing segment as more companies seek stable power solutions beyond what the grid can provide,” says Adam Wilson, research analyst with Navigant Research. “Market share in this segment increased from 6% to 16% from the 4Q 2016 Tracker, thanks to an additional 2.1 GW of capacity, largely from a portfolio of natural gas microgrids across India and China.”
According to the report, diesel capacity remains the leading generation technology in terms of total capacity, though its lead continues to shrink as solar capacity
gains ground. In terms of overall capacity, Asia Pacific jumped ahead of North America. And while North America remains No. 1 in operational microgrid capacity, Asia Pacific leads the market for capacity under development as well as proposed capacity.
The report, Microgrid Deployment Tracker 2Q17, tracks data on known grid-tied and remote microgrid projects in the proposal, planning, and deployed stages in six
geographies. The report covers seven segments: commercial and industrial, community, utility distribution, institutional/campus, military, remote, and
direct current (DC) systems. Specific information is provided on the capacity and project numbers by distributed generation type, operational and under development/proposed capacity, top 10 countries, and top 10 microgrid companies. The Tracker also segments projects currently known to be on hold.
US utility distribution microgrid market
In a related report released in March, Navigant Research predicted revenue generation within the utility distribution microgrid (UDM) market in the US to reach $917 million by 2024. It stated that the emergence of innovative smart energy technologies including smart inverters, smart switches and solutions to remotely control distributed energy resources will drive growth in the utility distribution microgrid market. Read more…