Report Shows Annual Revenue from DERs Expected to Grow to $650 Billion by 2028

by | Jun 19, 2019

A new report from Navigant Research provides a quantitative analysis of the global market for distributed energy resources (DER) technologies, with installed capacity and revenue forecasts in the commercial and industrial (C&I) and residential segments, through 2028.

Rapidly expanding investment in DER represents a major shift from the centralized, one-way electrical grid. Market growth has generated concern and optimism throughout the power industry as regulators and grid operators work to understand the evolving landscape that is redefining the relationship between utilities and customers. According to a new report from Navigant Research, global annual revenue from DER capacity is expected to grow from $172.5 billion in 2019 to $649.6 billion in 2028 at a compound annual growth rate of 15.9%.

According to the report, the shift from centralized generation requires innovative technologies and solutions on the part of grid operators. Advanced software and hardware are expected to enable greater control and interoperability across heterogeneous grid elements that are key components of the Energy Cloud.

The report, “Global DER Overview,” provides a quantitative analysis of the global market for DER technologies and assesses the major market developments, regulatory environment, emerging business models, and technology trends. Technologies covered include distributed generation, demand response (DR), DER management systems (DERMSs), EV charging, distributed energy storage systems (DESSs), and energy efficiency. Installed capacity and revenue forecasts in the C&I and residential segments extend through 2028.


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