Market Data: Residential Distributed Energy Resources

EV Charging, Distributed Solar PV, Distributed Energy Storage Systems, Demand Response, Gensets, and Fuel Cells: Global Capacity and Revenue Forecasts, 2016-2025

Residential customers are increasingly taking an interest in generating their own energy, better controlling their energy consumption, and having a positive impact on the environment. This interest is fundamentally changing the utility-customer relationship and transitioning utility business models away from traditional centralized power toward a much more diverse and resilient grid infrastructure. The resulting broad evolution is being enabled by the proliferation and maturation of distributed energy resources (DER).

In the residential sector, this transition includes the adoption of distributed solar PV, distributed energy storage systems (DESSs), electric vehicles (EVs) and EV charging stations, and demand response (DR). Despite the differing operating characteristics, these technologies all represent new and dynamic resources that can challenge the traditional relationship that utilities have with their customers. Growth in capacity for residential DER (RDER) can be largely attributed to North America, where DR is expected to have the strongest increase. Annual installed power capacity for the global RDER market is expected to rise from approximately 16.0 GW in 2016 to 121.2 GW in 2025. Asia Pacific is expected to experience the greatest growth in revenue generated by RDER, mostly due to the residential fuel cells market in Japan. According to Navigant Research, annual revenue for the global RDER market is expected to increase from approximately $19.7 billion in 2016 to $92.7 billion in 2025.

This Navigant Research report examines the global RDER market, with a focus on four key technologies: EV charging, distributed solar PV, DESSs, and residential DR (RDR). The study provides an overview of these major technologies, as well as other RDER technologies such as gensets and fuel cells. Global market forecasts for the power capacity and revenue of each technology, broken out by technology and region, extend through 2025.

Key Questions Addressed:
  • What are the four main residential distributed energy resources (RDER) technologies?
  • What are the major trends occurring in the global RDER market?
  • How much capacity will be installed annually for each RDER technology from 2016 to 2025?
  • How much revenue will each RDER technology generate annually between 2016 and 2025?
  • How do these technologies compare to each other in terms of capacity and revenue?
  • Which regions will see the most growth in the RDER market?
Who needs this report?
  • Electric vehicle (EV) and charging station vendors
  • Distributed solar PV vendors
  • Distributed energy storage system (DESS) vendors
  • Demand response (DR) vendors
  • Genset vendors
  • Fuel cell vendors
  • Utilities and retail electricity suppliers
  • Investor community

Table of Contents

1. Executive Summary

1.1  Introduction

1.2  Technology Scope

1.3  Market Forecast

2. Data Assumptions 

2.1  Forecast Methodology

2.2  Technology Overview

2.2.1     EV Charging

2.2.2     Distributed Solar PV

2.2.3     Distributed Energy Storage

2.2.4     DR

2.2.5     Other DER Technologies

2.2.5.1  Gensets

2.2.5.2  Fuel Cells

3. Market Forecasts   

3.1  Forecasts by Technology

3.1.1     EV Charging

3.1.2     Distributed Solar PV

3.1.3     Distributed Energy Storage

3.1.4     DR

3.1.5     Forecasts for Other DER Technologies

3.1.5.1  Gensets

3.1.5.2  Fuel Cells

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 RDER Revenue, All Technologies, by Region, World Markets: 2016-2025
  • Annual RDER Installed Capacity by Technology, World Markets: 2016-2025
  • Annual RDER Revenue by Technology, World Markets: 2016-2025
  • Annual Residential V1G Revenue and Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential Distributed Solar PV Revenue and Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential DESS Revenue and Installed Capacity by Region, World Markets: 2016-2025
  • Annual RDR Revenue and Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential Gensets Revenue and Installed Capacity, United States: 2016-2025
  • Annual Residential Fuel Cells Revenue and Installed Capacity, Europe: 2016-2025
  • Annual Residential Fuel Cells Revenue and Installed Capacity, Asia Pacific: 2016-2025
  • RDER Share of MW Capacity by Technology, World Markets: 2016
  • RDER Share of MW Capacity by Technology, World Markets: 2025
  • RDER Share of Revenue by Technology, World Markets: 2016
  • RDER Share of Revenue by Technology, World Markets: 2025

List of Tables

  • Annual RDER Installed Capacity, All Technologies, by Region, World Markets: 2016-2025
  • Annual RDER Revenue, All Technologies, by Region, World Markets: 2016-2025
  • Annual RDER Installed Capacity by Technology, World Markets: 2016-2025
  • Annual RDER Revenue by Technology, World Markets: 2016-2025
  • Annual Residential V1G Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential V1G Grid Services Revenue by Region, World Markets: 2016-2025
  • Annual Residential Distributed Solar PV Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential Distributed Solar PV Revenue by Region, World Markets: 2016-2025
  • Annual Residential DESS Installed Capacity by Region, World Markets: 2016-2025
  • Annual Residential DESS Revenue by Region, World Markets: 2016-2025
  • Annual RDR Installed Capacity by Region, World Markets: 2016-2025
  • Annual RDR Revenue by Region, World Markets: 2016-2025
  • Annual Residential Gensets Installed Capacity, United States: 2016-2025
  • Annual Residential Gensets Revenue, United States: 2016-2025
  • Annual Residential Fuel Cells Installed Capacity by Region, Europe and Asia Pacific: 2016-2025
  • Annual Residential Fuel Cells Revenue by Region, Europe and Asia Pacific: 2016-2025

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