Market drivers include interdependence objectives, increased renewable energy on grids, energy market development and new DER regulations.
BOULDER, Colo., December 13, 2022 /PRNewswire/ — Demand for commercial and industrial (C&I) (DR) and power plant (VPP) systems is growing as more and more customers install on-site distributed energy resources (DER) and electrification to reduce their bills and reduce emissions. from their work. A new report from Guidehouse Insights offers a global forecast for the CIDR and DER adaptation market to 2031.
According to the report, the total adjusted DER capacity, revenue, and operational expenditure in the C&I sector are expected to increase during the forecast period. By the end of 2022, Guidehouse Insights projects nearly 78 GW of total flexible C&I DER capacity. It is expected to grow at an average compound annual growth rate (CAGR) of 14.7% to 268.4 GW in 2031.
“Flexible markets, whether at the distribution or transmission level, allow utilities and installation organizations to obtain flexible access from DER, which customers pay, to clear the installation problem when necessary,” the statement this. Dan Strong, search engine and Guidehouse Insights. “Improving C&I DER through flexible markets can improve network stability by using a smaller number of facilities.”
Contribute to the increasing C&I DER capacity reliability targets with a need for improved reliability and resilience due to increase in natural disasters. The increase in renewable energy and the stress on the old infrastructure are driving the need for flexibility on the power lines, but the new rules of the energy market make it possible to pay for resources that are not used for the provision of flexibility, according to the report.
The report, Responding to Business and Industry Needs and Market Adaptations, explores the flexible C&I DER market, including DR and VPPs, that can be found on flexible markets. Regional analysis for capacity, investment performance, and revenue is presented in five major geographic regions from 2022-2031. with qualitative research classified by technology type. While the total flexible C&I DER capacity is expected to be the largest in EuropeIt is designed to grow quickly inside Latin America and the Middle East & Africa. A special version of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the specialty marketing division of Guidehouse, provides research, data, and strategic services for today’s rapidly changing and changing business environment. legal. Our information is built on in-depth research of the global clean technology market. The team’s research methods combine business analysis, undergraduate research, and empirical research. oga, together with an in-depth study of technological processes, provides a clear overview of biological processes. 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 sector and corporate markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients meet their most complex and strategic challenges. important legal focus on transformational change, business resilience, and technological innovation. Across a range of consulting, advisory, outsourcing, and software services, we create innovative, innovative solutions to help our clients demystify complexity and position them for growth and success. The company has more than 16,500 professionals in over 55 locations worldwide. Guidehouse is a Veritas Capital investment company, led by professionals with expertise in traditional and modern technology, marketing, and organizational issues that govern the economy of the country and the world. For more information, please visit www.guidehouse.com.
* The information contained in this press release is about the report, Responding to Business and Industry Needs and Market Adaptations, is a summary and reflects the current expectations of Guidehouse Insights based on market data and general research. Market forecasts and expectations are highly uncertain and actual results may differ materially from those contained in this announcement or report. Please see the full report for a full understanding of the assumptions underlying the report’s conclusions and the methods used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any information contained in this publication or report.
For more information, contact:
Cecile Fradkin for Guidehouse Insights
+1.646.941.9139
[email protected]
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SOURCE Guidehouse Insights
