North America Remains the Leading Region for Microgrid Deployments, Finds Navigant Research Tracker Business Wire BOULDER, Colo. -- November 6, 2013 Although microgrids are a global phenomenon, geographic regions vary widely in terms of the investment, development, and deployment of microgrid projects. As new vendors continue to enter this space and previously undiscovered projects come to the fore, the robustness of the microgrid sector becomes increasingly clear. Click to tweet: According to a new tracker report from Navigant Research, North America is still the world’s leading market for microgrids, with a planned, proposed, and deployed capacity of 2.7 gigawatts (GW). “This tracker identifies more than 600 microgrid project entries, underscoring the fact that utility business models will need to accommodate a growing reliance upon distributed energy resources,” says Peter Asmus, principal research analyst with Navigant Research. “While subsidies for renewable energy are waning in several key markets, the need for new aggregation and optimization platforms and schemes will continue to grow. Microgrids are often the best solution to a variety of environmental and economic challenges.” In terms of currently operating microgrids, global capacity stands at 2.3 GW as of 4Q 2013. In the previous edition of the tracker, the community/utility segment had the largest increase in capacity, but in this iteration, the global remote segment leads in new capacity additions with 195 megawatts. These additions reflect the remote microgrid market’s increasing visibility. The study identifies 41 new projects in the community/utility segment, which represents the greatest increase in the number of grid-connected projects in 4Q 2013. The report, “Microgrid Deployment Tracker 4Q13”, provides data on known microgrid projects in the proposal, planning, and deployed stages, including details on the various technologies employed in individual projects. Specific information is provided on the capacity of the following generation assets: diesel, combined heat and power, solar photovoltaics, wind, and fuel cells. The Tracker also details the rated capacity, duration, and types of energy storage for each project and segments data by world region. An Executive Summary of the report is available for free download on the Navigant Research website. About Navigant Research Navigant Research, a part of Navigant Consulting, Inc. (Navigant), provides in-depth analysis of 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 atwww.navigantresearch.com. About Navigant Navigant 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, “Microgrid Deployment Tracker 4Q13,” 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 email@example.com or Laverne Murach, +1.202.481.7336 firstname.lastname@example.org
North America Remains the Leading Region for Microgrid Deployments, Finds Navigant Research Tracker
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