The Marketing Minute: Wired for Trust
It’s Only Common Sense: The Importance of Setting Realistic Expectations
Marcy’s Musings: The Relentless Pursuit of Perfection
Solar Expected to Lead Microgrid Enabling Technologies by 2026
February 16, 2018 | Navigant ResearchEstimated reading time: 1 minute
A new report from Navigant Research examines the market for microgrid enabling technologies (MET), providing global forecasts for capacity and revenue, segmented by technology and region, through 2026.
As one of many options to aggregate and optimize growing penetrations of distributed energy resources (DER), the microgrid platform allows for new levels of resilience and reliability, and can help organize mixed asset fleets of DER at the distribution network level. With the right set of control technologies, this platform can not only offer value streams to site hosts, but also provide value upstream to the larger grid. Click to tweet: According to a new report from @NavigantRSRCH, global cumulative MET implementation spending is expected to reach nearly $112 billion by 2026.
“Microgrids represent a key component of an emerging Energy Cloud focused on resilience and renewable energy integration,” says Peter Asmus, principal research analyst with Navigant Research. “Biomass, combined heat and power (CHP), diesel, fuel cells, hydroelectric, solar PV, and wind represent the lion’s share of potential revenue for microgrid implementation spending, and serve as the backbone of the microgrid value proposition: maximizing the value of onsite power generation.”
From a global perspective, CHP was the leading DER choice for microgrids in terms of capacity in 2017, with 655 MW deployed, followed by solar PV (392 MW), and then diesel (385 MW). By 2026, however, the MET landscape is expected to shift, with solar PV jumping to a commanding lead with 3,786 MW annually, followed by energy storage with 3,292 MW, according to the report.
Share on:
Suggested Items
ESIA Statement on EU Funding for Competitiveness: A New Approach is Needed
05/09/2025 | ESIAThe European Semiconductor Industry Association (ESIA), representing the European leadership in semiconductor research, design, and manufacturing, would like to underscore the need for targeted and sustained investment to strengthen Europe’s strategic sectors.
New Database of Materials Accelerates Electronics Innovation
05/05/2025 | ACN NewswireIn a collaboration between Murata Manufacturing Co., Ltd., and the National Institute for Materials Science (NIMS), researchers have built a comprehensive new database of dielectric material properties curated from thousands of scientific papers.
Hon Hai Research Institute Demonstrates Superiority of Shallow Quantum Circuits Beyond Prior Understanding
05/05/2025 | Hon Hai Technology GroupHon Hai Research Institute (HHRI), in a milestone collaborative effort, has demonstrated that parallel quantum computation can exhibit greater computational power than previously recognized, with its research results accepted for publication in the prestigious journal Nature Communications.
New Database of Materials Accelerates Electronics Innovation
05/02/2025 | ACN NewswireIn a collaboration between Murata Manufacturing Co., Ltd., and the National Institute for Materials Science (NIMS), researchers have built a comprehensive new database of dielectric material properties curated from thousands of scientific papers.
Meet Thiago Guimaraes, IPC's New Director of Industry Intelligence
05/05/2025 | Chris Mitchell, IPC VP, Global Government RelationsThe fast pace of innovation in the electronics manufacturing industry means business owners must continuously adapt their processes and capabilities to meet changing customer demands and market trends. To that end, IPC has hired Thiago Guimaraes as the new director of Industry Intelligence. In this interview, Thiago shares key goals and objectives that could revolutionize the industry as he helps stakeholders navigate industry trends and challenges.