GLOBAL DISTRIBUTED GEN TO DOUBLE IN TEN YEARS
Global Distributed Generation Deployment Forecast; Solar PV, Small Wind, Fuel Cell, Natural Gas Generator Set, and Diesel Generator Set Capacity and Revenue by Country and Technology: 2014-2023
3Q 2014 (Navigant Research)
“The rise of distributed generation (DG) is one of the most important trends in the energy industry today. Utility business models are threatened by the dramatic growth in the deployment of technologies that generate electricity onsite or at the distribution grid level, reducing the need to purchase electrons from centrally located utility-scale generation facilities…[In Western Europe, utilities] are losing hundreds of billions of dollars in market capitalization as DG reaches higher levels of penetration in leading countries such as Germany, the United Kingdom, and Italy. The prospect of similar losses by utilities in the United States is prompting a battle among utilities, the DG industry, and regulators seeking to strike a balance that allows for DG growth while allowing utilities to benefit…According to Navigant Research, annual installed capacity in the global DG market is expected to grow from 87.3 GW in 2014 to 165.5 GW in 2023…” click here for more
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