3Q 2019

Microgrids Overview

Market Drivers, Barriers, Business Models, Innovators, and Key Market Segment Forecasts

The cost of microgrid technologies continues to drop and the controls continue to improve in functionality. And although regulatory barriers and the long project development cycle still frustrate efforts to move this market into the mainstream, significant progress has been made since Navigant Research first sized this market a decade ago. Different market segments have shifted in prominence over that time period, but what has remained consistent is overall growth across all five major regions profiled.

Among the high level regional findings, Asia Pacific is expected to continue to be the largest overall market for microgrids, with remote segments making up the majority opportunity. North America remains the top market for grid-tied microgrids, as a flurry of projects identified in 2019 increased starting point capacity levels in 2019 beyond those previously forecast. Latin America is the fastest growing market due in part to the major island-wide microgrid program in Puerto Rico.

This Navigant Research report forecasts regional capacity, implementation spending, and business model type by six primary market segments: campus/institutional, commercial and industrial (C&I), community, remote, utility distribution, and military (US only). The study provides an analysis of market drivers, barriers, and technology issues. Global market forecasts, segmented by region and market type, extend through 2028. Capacity is expected to grow by more than 22% over the forecast.

Pages 72
Tables | Charts | Figures 39
  • What is a microgrid and how does it differ or overlap with virtual power plants (VPPs) and distributed energy resource management systems (DERMSs)?
  • What are the major microgrid market segments globally?
  • What is driving microgrid adoption in 2019?
  • What are the primary market barriers to full-scale commercialization of microgrids?
  • Which parts of the world show the greatest future promise for microgrids?
  • Who are the leading innovators in the microgrid space?
  • How do different regions of the world stack up in terms of microgrid capacity and spending?
  • Utilities
  • Energy storage purveyors
  • Power electronics companies
  • Microgrid and smart grid software vendors
  • C&I customers
  • VPP aggregators
  • DERMS providers
  • Investor community

1. Executive Summary

1.1   Global Microgrid Market Shifts

1.2   Key Microgrid Market Trends

2. Market Issues

2.1   Global Microgrid Market Landscape Scan

2.2   Key Regional Market Drivers

2.2.1   North America

2.2.2   Europe

2.2.3   Asia Pacific

2.2.4   Latin America

2.2.5   Middle East & Africa

2.3   Key Global Market Barriers

2.3.1   No Consensus on the Value of Resilience

2.3.2   Need for Streamlined Interconnection Procedures

2.3.3   Questions Surrounding URB of Grid-Connected Microgrids

3. Technology Issues

3.1   Global Technology Innovation Scan

3.2   Market Drivers

3.2.1   Declining Cost of Key DER Options

3.2.2   Microgrid Controller Functionality Upgrades

3.2.3   Modular Microgrid Movement

3.3   Market Barriers

3.3.1   Balance of System Costs

3.3.2   Energy Storage Vendor Casualty Rates

3.3.3   Controller Performance, Cost, and Compatibility

4. Key Industry Players

4.1   The Microgrid Ecosystem Landscape

4.2   Three Utility Innovators

4.2.1   Emera, Inc.

4.2.2   Enel X

4.2.3   Horizon Power

4.3   Three Energy Storage Innovators

4.3.1   Blue Planet Energy

4.3.2   NantEnergy

4.3.3   Tesla

4.4   Three Smart Generator Companies

4.4.1   Bloom Energy

4.4.2   Enchanted Rock

4.4.3   Tecogen

4.5   Engineering, Procurement, and Construction Companies

4.5.1   AECOM

4.5.2   Mortenson

4.5.3   Worley (Advisian)

4.6   Controls Specialists

4.6.1   CleanSpark

4.6.2   Encorp

4.6.3   Greensmith Energy

4.6.4   Go Electric

4.6.5   PXiSE Energy Solutions

4.7   Large Microgrid Vendor Profiles: Fundamental Facts

5. Market Forecasts

5.1   Global Microgrid Market Overview

5.2   Forecast Methodology Summary

5.2.1   Microgrid Peak Capacity Estimates

5.2.2   Microgrid Implementation Spending Estimates

5.3   Major Microgrid Market Segments

5.3.1   Campus/Institutional Microgrids

5.3.2   C&I Microgrids

5.3.3   Community Microgrids

5.3.4   Remote Microgrids

5.3.5   UDMs

5.3.6   Military Microgrids

5.4   Microgrid Business Models

5.5   Conclusions and Recommendations

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study and Methodology

  • Annual Total Microgrid Power Capacity and Implementation Spending by Region, World Markets: 2019-2028
  • Total Microgrid Power Capacity Market Share by Business Model, World Markets: 2Q 2019
  • Microgrid Power Capacity Added by Generator Type, World Markets: 2010-2018
  • DG as Percentage of Central Generation by Region, World Markets: 2019-2028
  • Large C&I Energy Storage System Installed Cost (CAPEX) Assumptions by Technology, Global Averages: 2018-2027
  • Microgrid Energy Storage Technology Market Shares, World Markets: 2Q 2019
  • Breakdown of Costs for Selected UDMs, North America: 2Q 2019
  • Annual Total Microgrid Power Capacity and Implementation Spending by Market Segment, World Markets: 2019-2028
  • Annual Campus/Institutional Microgrid Power Capacity and Implementation Spending by Region, World Markets: 2019-2028
  • Annual C&I Microgrid Power Capacity and Implementation Spending by Region, World Markets: 2019-2028
  • Annual Community Microgrid Power Capacity and Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Remote Microgrid Power Capacity and Implementation Spending by Region, World Markets: 2019-2028
  • Annual UDM Power Capacity and Implementation Spending by Region, World Markets: 2019-2028
  • Annual Military Stationary Base Microgrid Power Capacity and Implementation Spending by Market Segment, US: 2019-2028
  • Annual Microgrid Implementation Spending by Business Model, World Markets: 2019-2028
  • DER Platforms Overlap and Convergence
  • Microgrid: Networks of Static DERs with Point of Common Coupling
  • Valuing Renewable Energy Resiliency Increases Net Present Value and System Size
  • Values for Lost Load per kWh by Industry Description
  • CEC EPIC Microgrid Interconnection Process Duration (in Months)
  • Annual Total Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual Total Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Total Microgrid Capacity by Segment and Region, Base Scenario, World Markets: 2019-2028
  • Annual Total Microgrid Implementation Spending by Segment and Region, Base Scenario, World Markets: 2019-2028
  • Annual Campus/Institutional Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual Campus/Institutional Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual C&I Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual C&I Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Community Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual Community Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Remote Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual Remote Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual UDM Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual UDM Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Military Stationary Base Microgrid Capacity by Region, Base Scenario, World Markets: 2019-2028
  • Annual Military Stationary Base Microgrid Implementation Spending by Region, Base Scenario, World Markets: 2019-2028
  • Annual Microgrid Capacity by Business Model,  Base Scenario, World Markets: 2019-2028
  • Annual Microgrid Implementation Spending by Business Model,  Base Scenario, World Markets: 2019-2028
  • Annual Microgrid Implementation Spending by Business Model and Region,  Base Scenario, World Markets: 2019-2028
Choose a License Type

(1-5 users)

(Unlimited users)

$4,950 USD
$7,425 USD