North America’s push for the top spot is due to a large quantity of fossil-based commercial and industrial system additions for resiliency
BOULDER, Colo.–(BUSINESS WIRE)–A new report from Guidehouse Insights examines data on known grid-tied and remote microgrid projects in the proposal, planning, and deployed stages across six regions worldwide.
As of 1Q 2020, Guidehouse Insights has identified 6,610 microgrid projects representing 31,784.6 MW of planned and installed power capacity. Regionally, North America is the leading microgrid market in terms of total capacity and project count, followed by Asia Pacific and Latin America.
“North America’s push for the top spot as the global capacity leader is due to a large quantity of fossil-based commercial and industrial (C&I) system additions being deployed as resiliency solutions,” says Shayne Willette, research analyst with Guidehouse Insights. “This contrasts with last year’s findings, which showed a large amount of rural electrification projects in Asia Pacific and the Middle East & Africa.”
On a segment basis, remote microgrids and C&I represent more than 65% of all microgrid capacity globally at 36.0% and 29.1%, respectively. According to the report, the remote segment represents 11,452.2 MW of capacity, and C&I represents 9,263.9 MW. Regarding new entries, the C&I segment accounts for 85.8% of new projects identified.
The report, Microgrid Deployment Tracker 1Q20, tracks data on known grid-tied and remote microgrid projects in the proposal, planning, and deployed stages across six regions worldwide. It covers seven market segments: commercial/industrial, community, utility distribution, institutional/campus, military, remote, and direct current. Specific project-level data is provided on total, installed, and planned capacities, generation technology mix, and 10 microgrid states. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Microgrid Deployment Tracker 1Q20, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
Contacts
Lindsay Funicello-Paul
+1.781.270.8456
lindsay.funicello.paul@guidehouse.com