Navigant Research announced the launch of its Energy Storage Forecast Data Service, which provides quarterly market insights on the emerging energy storage technologies and applications for the largest global markets. Powered by Navigant Research’s energy storage forecast models, this Data Service enables users to prioritize investment targets in markets that are expected to grow rapidly, while monitoring…
Navigant Research report evaluates demand for wind-turbine blade materials
The rapid pace of research and development for wind blades, manufacturing processes, and advanced materials is enabling stronger and longer blades, making wind turbines more efficient, increasing turbine annual energy production, and lowering the cost of energy from wind power plants. This is a massive market by total revenue and the sheer volume of material,…
Advanced battery market for unmanned vehicles & drones expected to reach $225 million by 2026, says Navigant Research
A new report from Navigant Research focuses on the drivers, barriers, and technological trends affecting the deployment of unmanned vehicles (UVs), providing global market forecasts for energy capacity and revenue, segmented by region, technology, and UV type, through 2026. Intelligent UVs, also known as drones, can provide increased efficiency, higher resolution visuals inspections, and can function in…
Navigant Research expects more than $80 billion will be spent on global EV developments by 2025
Editor’s note: Every new electric vehicle means a little less reliance on crude oil or gasoline. Ideally, EVs will be recharged by wind or solar-generated power. A new report from Navigant Research analyzes the global market for plug-in electric vehicle (PEV) charging equipment sales, providing global market forecasts, segmented by region, power level, technology type, end use,…
Global annual power capacity additions for utility-scale & distributed energy storage to exceed 50 GW by 2026
Two new reports from Navigant Research look at the global markets for deployed utility-scale energy storage systems (ESSs) and distributed energy storage systems (DESSs) for commercial and industrial (C&I) and residential customers. During the past two years, the energy storage industry has experienced significant growth in the more mature early adopter markets, as well as new markets…
Distributed energy storage systems are driving development of software platforms that can serve as virtual power plants
A new leaderboard report from Navigant Research examines the strategy and execution of 14 leading integrators of distributed-scale energy storage systems (ESSs). To date, distributed-scale ESSs have focused on providing storage benefits to residential or commercial and industrial (C&I) host facilities, including resilient backup power and energy demand charge savings. Companies such as Green Charge Networks,…
Green Charge named No. 1 distributed-scale energy storage company in the U.S.
Market research firm Navigant Research ranked Green Charge as the leading distributed-scale energy storage company in the United States. As part of ENGIE, the largest independent power producer in the world, Green Charge’s mission is to use energy storage to power the world efficiently and sustainably. In its Q2 2017 Navigant Research Leaderboard Report: Distributed-Scale Energy Storage…
Hybrid energy storage power capacity expected to exceed 2 GW in 2026
A new report from Navigant Research examines the global market for utility-scale and customer-sited hybrid energy storage systems (HESSs). The report entitled, Hybrid Advanced Battery Markets, provides forecasts for power capacity, energy capacity, and revenue segmented by region, technology, and market segment — and is expected to grow from 78.6 MW in 2017 to 2.1 GW in 2026. The…
In the first half of 2016, Vestas led all wind-turbine vendors in orders
A newly released report from Navigant Research tracked all publicly announced wind-turbine orders between January and June 2016. The report, Wind Turbine Order Tracker 3Q16, provides details on orders placed by region, country, and vendor, as well as a breakdown of the vendor market of the top countries. The market for wind energy continues to grow…
Top wind turbine manufacturers in Navigant Research Assessment announced
Navigant says wind turbine manufacturers are primarily ranked in terms of total megawatts installed in a given year, but a more interesting story looks at differences in strategy and execution, product offerings, and geographic diversification.
U.S. expected to deploy 77.3 GW of distributed renewables between 2016 and 2025
A new report from Navigant Research examines the U.S. market for distributed renewables, with forecasts by state for solar PV, distributed wind, and biogas, through 2025. Distributed renewables technologies have unique characteristics that can act as generation and/or load control on the grid, yet they each represent a dynamic resource that is challenging the industry’s…
Report: Installed energy storage capacity expected to reach 21.6 GW in 2025
A new report from Navigant Research examines the growing opportunities for energy storage systems (ESSs) to provide numerous services to the grid, with global market forecasts for power capacity, energy capacity, and revenue, segmented by region, technology, and application through 2025. Grid operators around the world are beginning to recognize the value that large-scale ESSs…
Navigant Research: Goldwind unseats Vestas as No. 1 wind-turbine supplier
A new report from Navigant Research examines changes that occurred in the wind energy sector during 2015 and provides forecasts for 2016 to 2020, as well as an outlook through 2025. With growth occurring in almost every market, 2015 marked another record-breaking year for the wind industry. Due to the revival of the U.S. and…
Advanced energy market hits record revenue at nearly $1.4 trillion
Business group Advanced Energy Economy announced that total revenue for global advanced energy was a record $1.4 trillion in 2015, making the industry twice as big as the airline industry, bigger than apparel or fashion markets, and approaching worldwide spending on media and entertainment. The U.S. advanced energy market hit $200 billion, nearly double the…
Energy storage-enabled virtual power plants expected to invade energy markets
A new white paper from Navigant Research examines five major trends and the related market forces expected to shape the future of the energy storage industry in 2016 and beyond. The global energy storage industry reached significant milestones in 2015, and momentum is expected to continue as rapidly falling technology costs and innovative business models…
The energy cloud: Emerging opportunities on the decentralized grid
Editor’s note: This paper, authored by Navigant Senior Research Director Mackinnon Lawrence and Research Director Eric Woods, offers a perspective on the emerging energy cloud, describing its basic elements and examining its likely impact on the power utility sector. We present just the Executive Summary. The power sector is undergoing a fundamental transformation, shifting from…
The coming role of distributed resources and virtual power plants
This article from Navigant Research tells of a global market analysis and provides a forecast for demand response, supply-side, and mixed asset, virtual power plants or VPPs The evolution of energy markets is accelerating in the direction of a greater reliance on distributed energy resources (DER). Successful strategies to manage this increasing two-way complexity are…
Navigant Research forecasts the next-generation of advanced batteries
The advanced battery industry is growing at an extremely aggressive pace, with lithium ion (Li-ion) leading the charge. However, Li-ion is not the perfect battery; it has supply constraints, manufacturing cost reduction obstacles, and safety issues that leave it vulnerable to new chemistries that solve some or all of those problems. Research and development of…