29 Aug '16, 6pm

US Installed Microgrid Capacity to Grow 115% and Reach 4.3GW Over the Next 5 Years

A shift away from single-entity owned and operated projects is greatly improving microgrid project economics in the U.S. microgrid market. In its newly released report, U.S. Microgrids 2016: Market Drivers, Analysis and Forecast , GTM Research provides an analysis of customer drivers and emerging ownership models, and detailed segmentations of the current market to arrive at future market expectations to 2020. A key driver of recent growth for the U.S. microgrid market, multi-stakeholder ownership models, arose from a surge in regulated utility interest to co-develop microgrids as a “non-wires” alternative to capital infrastructure investments. “These new models can significantly reduce the capex and O&M burden on end customers. At the same time, strategically located, dispatchable generation becomes very attractive to regulated utilities targeting congestion relief and su...

Full article: http://www.greentechmedia.com/articles/read/US-Installed-...

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