Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,512.38 -3.89 -0.03%
TOPIX 1,171.40 -1.97 -0.17%
HANG SENG 22,760.24 64.23 0.28%

Revenue from Demand Response for Commercial Buildings Will Surpass $712 Million Annually by 2018, Forecasts Navigant Research



  Revenue from Demand Response for Commercial Buildings Will Surpass $712
  Million Annually by 2018, Forecasts Navigant Research

Business Wire

BOULDER, Colo. -- May 3, 2013

Accounting for a substantial amount of electricity consumption, the commercial
sector is a major – but underserved – market for demand response (DR).
Building owners and operators are increasingly interested in DR offerings, and
utilities are tailoring their DR services for the commercial sector. According
to a recent report from Navigant Research, annual revenue from demand response
services for commercial buildings will reach $712.5 million by 2018.

“To date, the majority of the commercial customers engaging in DR programs
have been large businesses and institutions,” says Marianne Hedin, senior
research analyst with Navigant Research. “Now, utilities, grid operators, and
curtailment service providers are turning their attention to underserved small
and medium-sized commercial business and institutional customers, which
account for a significant number of facilities and sites that can contribute a
considerable amount of load curtailment during a peak event.”

Growth in DR for commercial sites is also being driven by expanding
deployments of smart meters and advanced metering infrastructure, which are
expected to pick up in the small and medium-sized market segment. This
development will make it considerably easier for businesses and institutions
to participate in the economic DR market, where they can take advantage of
dynamic pricing to obtain reduced rate structures, according to the report.

The report, “Demand Response for Commercial Buildings”, provides a detailed
examination of the growing worldwide market for demand response in the
commercial sector. The market opportunity and technology issues for DR in
commercial facilities are explored, and market drivers and inhibitors are
examined. The report also includes in-depth analyses of regional trends and
profiles of 19 key industry players, along with market forecasts for load
curtailment and revenue, segmented by region and by segment, through 2018. An
Executive Summary of the report is available for free download on the Navigant
Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market
research and benchmarking services for rapidly changing and often highly
regulated industries. In the energy sector, Navigant Research focuses on
in-depth analysis and reporting about global clean technology markets. The
team’s research methodology combines supply-side industry analysis, end-user
primary research and demand assessment, and deep examination of technology
trends to provide a comprehensive view of the Smart Energy, Smart Utilities,
Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional
information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated
to assisting clients in creating and protecting value in the face of critical
business risks and opportunities. Through senior level engagement with
clients, Navigant professionals combine technical expertise in Disputes and
Investigations, Economics, Financial Advisory and Management Consulting, with
business pragmatism in the highly regulated Construction, Energy, Financial
Services and Healthcare industries to support clients in addressing their most
critical business needs. More information about Navigant can be found at
www.navigant.com.

* The information contained in this press release concerning the report,
“Demand Response for Commercial Buildings,” is a summary and reflects Navigant
Research’s current expectations based on market data and trend analysis.
Market predictions and expectations are inherently uncertain and actual
results may differ materially from those contained in this press release or
the report. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the methodologies used
to create the report. Neither Navigant Research nor Navigant undertakes any
obligation to update any of the information contained in this press release or
the report.

Contact:

Navigant Research
Richard Martin, +1-303-493-5483
richard.martin@navigant.com
or
Laverne Murach, +1-202-481-7336
laverne.murach@navigant.com
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement