Big Players Spin the Wheel for the $45B Energy Storage Jackpot

energy storage market

Players in the booming energy storage market are like contestants running the board on "Jeopardy” before solving the puzzle on "Wheel of Fortune.” Investors are taking risks and companies are striking deals in rapid rounds, chasing a big jackpot that is expected to reach $20.5 billion (Navigant Research) to $45 billion (AES) globally by … [Read more...]

Energy Storage Leaders Named by Navigant & News about ESA, NYSERDA and U.S Mayors

energy storage leaders

Energy storage leaders named by Navigant Green Charge Networks, Stem, and Sunverge top a new list published by Navigant of distributed energy storage leaders. The energy storage leaders are driving growing use of the resource as means to lower costs for customers and for the larger grid. Commercial buildings use energy storage for back-up power … [Read more...]

Navigant Identifies 173 More Microgrid Projects, Sees Growth in Solar & CHP Microgrids

microgrid projects

Navigant Research has identified 173 new microgrid projects worldwide in its Microgrid Deployment Tracker 2Q17, released this week. In all, Navigant has found 1,842 microgrids operating, under development, or proposed, representing 19,279.4 MW of capacity globally. In its last tracker, released in December 2016, Navigant had counted 1,681 … [Read more...]

C&I Microgrids Poised for Fast Growth, Top Market Position

C&I microgrids

New data shows commercial and industrial (C&I) microgrids poised to grow faster than any other form of microgrid, as data centers, stores, resorts, manufacturers, and other business operations turn to the technology. Identified by Navigant Research in a new report, the trend marks a shift toward more private sector adoption of microgrids. … [Read more...]

California Microgrid Roadmap Effort Identifies 120 Microgrids in the State

California microgrid roadmap

In the California microgrid roadmap April 25 meeting, Navigant Research presented data showing that California boasts more than 120 existing, developing and proposed microgrid  projects, adding up to 650 MW of peak capacity, with many using solar PV. More than 160 people participated in the workshop in San Diego, either in person or online, said … [Read more...]

Why Energy Storage May be Bigger than You Think

why energy storage

Three decades ago when the Energy Storage Association tried to galvanize support it drew 35 people to the room. Last week, at its annual conference in Denver, there were near 2,000. Sure, they came because battery prices are dropping and energy storage pairs nicely with oh-so-popular solar. But something bigger is afoot here, something the size … [Read more...]

The Buffalo-Niagara Microgrid Incorporates Many into One

Buffalo-Niagara microgrid

Editor's Note: Here we profile the Buffalo-Niagara microgrid in our series on the NY Prize Stage 2 winners, which each received $1 million. The 11 proposals are now vying to win build-out funds in Stage 3 of the $40 million competition. SolarCity’s September 2014 announcement that it would build a solar photovoltaic (PV) gigafactory in Buffalo, … [Read more...]

Behind the Rise of Microgrids: News from PJM, Navigant & Macquarie Capital

rise of microgrids

The impetus behind the rise of microgrids Many trace today’s rise of microgrids, energy storage, and distributed energy to the opening of competitive electricity markets. So, it’s worth noting that PJM, the nation’s largest grid operator, is celebrating its 20-year anniversary of operating competitive wholesale power markets. Known in … [Read more...]

The Growing Revenue Opportunity Attached to Microgrid O&M

microgrid O&M

With more microgrids comes the need for more microgrid O&M (operations and maintenance) services. Navigant Research's Peter Asmus describes the growing market opportunity for these services. Navigant Research’s past market forecasts have focused on investments into the microgrid development value chain. This spending on the actual … [Read more...]

Microgrid Revenue Rose 29% Worldwide in 2016; Energy Storage up 45%

microgrid projects

Microgrid revenue rose 29 percent from 2015 to 2016, reaching $6.8 billion globally, according to a report issued today by Advanced Energy Economy (AEE). Prepared by Navigant Research, AEE’s 2017 Market Report also found that Asia Pacific led the microgrid market followed by North America. In the United States, the microgrid market continued … [Read more...]