Jan 6th, 2019 – Boulder, Colo. – A new report from Navigant Research examines the market for integrated distributed energy resources (IDER) programs for utilities and energy suppliers, including forecasts, segmented by program, technology type, and world region, through 2028.
Several utility-led pilot programs have explored the potential of DER, controlled in aggregate, to provide valuable grid services. IDER programs actively manage energy through the integration and coordination of one or more of the following: energy efficiency, demand response, distributed generation, energy storage, and electric vehicles (EVs). Click to tweet: According to a new @NavigantRSRCH report, IDER spending is expected to grow more than tenfold over the next decade, totaling almost $4.8 billion by 2028.
“The rising penetration of renewable resources is making the load flexibility provided by
IDER increasingly valuable,” says Brett Feldman, research director with Navigant Research. “Financial and regulatory drivers, like renewables balancing grid services, deferred capital cost, and governmental mandates, are pushing utilities and energy suppliers to explore and implement IDER.”
At the same time, several market barriers remain that need to be addressed to allow IDER to graduate from pilots to larger-scale deployment. Key obstacles include DER performance measurement, regulatory rules that do not allow for DER, DER communication and interoperability, a separation of demand side management (DSM) programs, and different vendors and financing mechanisms for different DER.
The report, Integrated DER Programs for Utilities and Energy Suppliers, analyzes the IDER program market for utilities and energy suppliers. The study examines drivers behind the newly developing business models for IDER as well as implementation challenges. Market forecasts, segmented by program and technology type, extend through 2028 for all world markets. The report also provides recommendations for both utilities and suppliers looking to expand their offerings in the evolving IDER space. 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 – a Guidehouse company, 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 clean, intelligent, mobile, and distributed energy. Additional information about Navigant Research can be found at www.navigantresearch.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Integrated DER Programs for Utilities and Energy Suppliers, 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 – a Guidehouse company undertakes any obligation to update any of the information contained in this press release or the report.
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