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A new report from Navigant Research examines the global Small Distributed Energy Storage System (SDESS) market, segmented by region, technology, and building type, and forecasts
the market to 2027.
By 2027, North America, Western Europe and Asia-Pacific will account for 90% of the capacity of small-scale distributed energy storage systems
As the market for commercial and industrial metered distributed energy storage systems (DESSs) continues to mature, along with various other market drivers, market players are seeing a steady decline
in installation costs.
For SDESS (especially systems smaller than 250 kW), reduction in tariffs and demand charges and policies in favor of energy storage are driving the market growth
in the three major regions.
According to the report, North America, Western Europe and Asia-Pacific are expected to account for nearly 90%
of total SDESS capacity between 2018 and 2027.
"The benefits of on-site energy storage systems are often absent for small commercial customers, so encouraging these customers to deploy SDESS can be a challenging endeavor
.
" William Tokash, senior research analyst at Navigant Research, said: "But suppliers are using creative financing mechanisms such as equipment leasing and revenue sharing models, coupled with local incentives, to make energy storage in the small commercial sector a more realistic option
.
" ”
Over the next decade, energy storage prices are expected to continue to decline steadily, while retail electricity prices and surcharges are expected to increase and become more common.
Combined, these factors are expected to drive significant growth
in the SDESS market over the next 10 years.
However, deployment may still be limited to specific markets
where the economy and policies are favorable.
，
A new report from Navigant Research examines the global Small Distributed Energy Storage System (SDESS) market, segmented by region, technology, and building type, and forecasts
the market to 2027.
By 2027, North America, Western Europe and Asia-Pacific will account for 90% of the capacity of small-scale distributed energy storage systems
By 2027, North America, Western Europe and Asia-Pacific will account for 90% of the capacity of small-scale distributed energy storage systemsAs the market for commercial and industrial metered distributed energy storage systems (DESSs) continues to mature, along with various other market drivers, market players are seeing a steady decline
in installation costs.
For SDESS (especially systems smaller than 250 kW), reduction in tariffs and demand charges and policies in favor of energy storage are driving the market growth
in the three major regions.
According to the report, North America, Western Europe and Asia-Pacific are expected to account for nearly 90%
of total SDESS capacity between 2018 and 2027.
"The benefits of on-site energy storage systems are often absent for small commercial customers, so encouraging these customers to deploy SDESS can be a challenging endeavor
.
" William Tokash, senior research analyst at Navigant Research, said: "But suppliers are using creative financing mechanisms such as equipment leasing and revenue sharing models, coupled with local incentives, to make energy storage in the small commercial sector a more realistic option
.
" ”
Over the next decade, energy storage prices are expected to continue to decline steadily, while retail electricity prices and surcharges are expected to increase and become more common.
Combined, these factors are expected to drive significant growth
in the SDESS market over the next 10 years.
However, deployment may still be limited to specific markets
where the economy and policies are favorable.
，
