Market Data: Remote Microgrids and Nanogrids

Commodity Extraction, Physical Island, Village Electrification, Military, Commercial, and Residential Remote Microgrids and Nanogrids:
Global Market Analysis and Forecasts

The market for remote power provision in geographic regions not served by a traditional centralized electricity grid is substantial. There is little doubt that this off-grid portion of the world’s energy infrastructure spend is a leading opportunity for both private and public sector actors. The key to unlocking this value with new revenue streams lies in addressing a number of unique challenges, including existing subsidies for the status quo, logistical construction challenges, and lingering business practices that border on corruption at worst and inefficiency at best.

The synergy of microgrids and nanogrids in an off-grid environment mirrors the dynamics in a grid-tied environment in developed industrial economies: these systems embrace a model of the future centered on distributed energy resources (DER). While competing with each other in certain niche applications, DER generally rise together as commodity costs for key components (solar PV, wind turbines, and advanced batteries) come down while new business models spring up to network and optimize these flexible resources in innovative ways. According to Navigant Research, the cumulative global value of assets and services attached to the development of remote power systems is expected to grow from $10.9 billion in 2015 to $196.5 billion in 2024.

This Navigant Research report examines the global market potential for remote microgrids and nanogrids. The study provides an analysis of remote power systems and discusses related energy access initiatives and DER trends. Global market forecasts for capacity and implementation revenue, broken out by segment and region, extend through 2024. The report examines the key market segments related to remote power systems, including commodity extraction, physical island, village electrification, military, commercial, and residential remote microgrids and nanogrids. Forecasts are also provided for the top remote microgrid market players and country markets.

Key Questions Addressed:
  • Which regions of the world show the greatest opportunities for off-grid, remote power systems?
  • Which regions are better aligned with the remote microgrid model?
  • Which regions are better aligned with the remote nanogrid model?
  • Which remote microgrid segments show the largest growth in capacity and implementation revenue?
  • Which remote nanogrid segment—commercial or residential—is the market leader today (and tomorrow)?
  • What are the trends in terms of costs/revenue for remote microgrids and nanogrids over the next decade?
  • How does each major region of the world compare in terms of cumulative investments in remote power systems over the next 10 years? 
Who needs this report?
  • Microgrid and nanogrid developers and integrators
  • Smart inverter manufacturers
  • Solar PV manufacturers
  • Software controls vendors
  • Large industrial mining operations
  • Government agencies
  • Military agencies
  • Investor community

Table of Contents

1. Executive Summary

1.1  Market Overview: Microgrid and Nanogrid Synergies

1.1.1  Microgrids

1.1.2  Nanogrids

1.2  Geographic Market Dynamics for Remote Market

2. Data Assumptions

2.1  Scope of the Remote Market Opportunity

2.1.1  Recent Energy Access Initiatives

2.1.2  Case Study: Sub-Saharan Africa

2.2  DER Trends: The Role of Telecommunications

2.2.1  Microgrid Deployment Tracker Insights

2.2.2  Developed World Solar PV plus Energy Storage Nanogrid Trends

2.3  Microgrid Market Segments

2.3.1  Commodity Extraction

2.3.2  Physical Islands

2.3.3  Village Electrification

2.3.4  Remote Military Applications

2.4  Remote Nanogrid Segments

2.4.1  Remote Commercial Nanogrids

2.4.2  Remote Residential Nanogrids

3. Market Forecasts

3.1  Total Remote Market Overview

3.2  Methodology

3.2.1  Capacity Forecasts

3.2.2  Revenue Forecast Considerations

3.3  Cumulative Investments in Microgrids and Nanogrids

3.4  Microgrids

3.4.1  Commodity Extraction

3.4.2  Physical Islands

3.4.3  Village Electrification

3.4.4  Military

3.4.5  Total Remote Microgrid Market: Key Takeaways

3.5  Nanogrids

3.5.1  Commercial Nanogrids

3.5.2  Residential Nanogrids

3.5.3  Total Remote Nanogrid Market: Key Takeaways

3.6  Three Scenario Snapshot

4. Acronym and Abbreviation List
5. Table of Contents
6. Table of Charts and Figures
7. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

  • Annual Remote Market Capacity and Revenue by Region, World Markets: 2015-2024
  • Total Microgrid Power Capacity Market Share by Segment, World Markets: 4Q 2015
  • Total Solar PV plus Energy Storage Nanogrid Capacity and Revenue by Region, World Markets: 2015-2024
  • Cumulative Remote Market Capacity and Revenue by Region, World Markets: 2015-2024
  • Annual Remote Microgrid Capacity and Revenue by Segment, World Markets: 2015-2024
  • Annual Commodity Extraction Remote Microgrid Capacity and Revenue by Region, World Markets: 2015-2024
  • Annual Village Electrification Remote Microgrid Capacity and Revenue by Region, World Markets: 2015-2024
  • Annual Remote Military Application Capacity and Revenue, U.S. DOD: 2015-2024
  • Annual Remote Market Capacity by Scenario, World Markets: 2015-2024
  • Annual Commercial Remote Nanogrid Capacity and Revenue by Region, World Markets: 2015-2024
  • Annual Residential Remote Nanogrid Capacity and Revenue by Region, World Markets: 2015-2024
  • Annual Remote Nanogrid Capacity and Revenue by Region, World Markets: 2015-2024
  • The Link between Solar PV Cost Declines and the Rise in Mobile Phone Usage in Africa

List of Tables     

  • Annual Remote Market Capacity by Region, World Markets: 2015-2024
  • Annual Remote Market Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Commodity Extraction Remote Microgrid Capacity by Region, World Markets: 2015-2024
  • Annual Commodity Extraction Remote Microgrid Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Physical Island Remote Microgrid Capacity by Region, World Markets: 2015-2024
  • Annual Physical Island Remote Microgrid Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Village Electrification Remote Microgrid Capacity by Region, World Markets: 2015-2024
  • Annual Village Electrification Remote Microgrid Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Remote Military Application Capacity, U.S. DOD: 2015-2024
  • Annual Remote Military Application Implementation Revenue, U.S. DOD: 2015-2024
  • Annual Total Remote Microgrid Capacity by Segment and Region, World Markets: 2015-2024
  • Annual Total Remote Microgrid Implementation Revenue by Segment and Region, World Markets: 2015-2024
  • Annual Commercial Remote Nanogrid Capacity by Region, World Markets: 2015-2024
  • Annual Commercial Remote Nanogrid Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Residential Remote Nanogrid Capacity by Region, World Markets: 2015-2024
  • Annual Residential Remote Nanogrid Implementation Revenue by Region, World Markets: 2015-2024
  • Annual Remote Nanogrid Capacity by Segment and Region, World Markets: 2015-2024
  • Annual Remote Nanogrid Implementation Revenue by Segment and Region, World Markets: 2015-2024
  • Annual Remote Market Capacity by Region, Conservative Scenario, World Markets: 2015-2024
  • Annual Remote Market Capacity by Region, Base Scenario, World Markets: 2015-2024
  • Annual Remote Market Capacity by Region, Aggressive Scenario, World Markets: 2015-2024
  • Cumulative Remote Market Capacity by Region, World Markets: 2015-2024
  • Cumulative Remote Market Implementation Revenue by Region, World Markets: 2015-2024
  • Top 10 Microgrid Companies by Total Remote Microgrid Capacity and Projects, World Markets: 4Q 2015
  • Top 10 Countries by Total Remote Microgrid Capacity and Projects, World Markets: 4Q 2015
  • Annual Remote Microgrid Capacity by Select Country, World Markets: 2015-2024
  • Annual Remote Microgrid Implementation Revenue by Select Country, World Markets: 2015-2024
  • Assumptions Contributing to Remote Segment Forecasts

Report Details

  • Pages: 42
  • Tables, Charts,
    Figures:
    41
  • Release Date: 4Q 2015
  • Release File(s): Excel* and PDF *Indicates primary report file.

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