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Navigant Research, a US clean energy technology research institution, recently released a global off-grid distributed energy (DER) technology market research report, and the global off-grid distributed energy technology market size from 2018 to 2027 is nearly $350 billion
.
The report points out that in the next decade, the global off-grid distributed energy system will be mainly distributed in sub-Saharan Africa, India and Southeast Asia
.
Off-grid distributed energy solutions are becoming the preferred choice
to appeal to remote areas or geographic areas without grid access compared to traditional pure diesel generator sets.
The off-grid distributed energy market began to develop in the 90s of the 20th century, and to this day, the decline in the manufacturing cost of solar photovoltaics, energy storage systems, and power electronics is driving the market to grow
further.
Rodriguez Labastida, senior research analyst at Navigant Research, said: "While it may seem that the growth of off-grid distributed generation will not have an impact in developed countries, traditional operators can learn a lot from off-grid distributed systems outside of hard-to-reach areas where the grid is difficult to reach
.
Off-grid distributed energy technology providers have learned to embrace technology, use it flexibly, and especially bring value to customers by offering prioritized products
.
”
According to the report, in the economically driven commercial and industrial sectors, integrated off-grid distributed energy solutions can result in significant savings in operation and maintenance costs
compared to purely fuel-based solutions.
In the residential sector, demand for off-grid distributed energy solutions is expected to soar due to
the large population lacking energy services.
Navigant Research, a US clean energy technology research institution, recently released a global off-grid distributed energy (DER) technology market research report, and the global off-grid distributed energy technology market size from 2018 to 2027 is nearly $350 billion
.
The report points out that in the next decade, the global off-grid distributed energy system will be mainly distributed in sub-Saharan Africa, India and Southeast Asia
.
Off-grid distributed energy solutions are becoming the preferred choice
to appeal to remote areas or geographic areas without grid access compared to traditional pure diesel generator sets.
The off-grid distributed energy market began to develop in the 90s of the 20th century, and to this day, the decline in the manufacturing cost of solar photovoltaics, energy storage systems, and power electronics is driving the market to grow
further.
Rodriguez Labastida, senior research analyst at Navigant Research, said: "While it may seem that the growth of off-grid distributed generation will not have an impact in developed countries, traditional operators can learn a lot from off-grid distributed systems outside of hard-to-reach areas where the grid is difficult to reach
.
Off-grid distributed energy technology providers have learned to embrace technology, use it flexibly, and especially bring value to customers by offering prioritized products
.
”
According to the report, in the economically driven commercial and industrial sectors, integrated off-grid distributed energy solutions can result in significant savings in operation and maintenance costs
compared to purely fuel-based solutions.
In the residential sector, demand for off-grid distributed energy solutions is expected to soar due to
the large population lacking energy services.
