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It’s Only Common Sense: Why Should They Take Your Call?
While fully-fledged TE markets will take many years to mature, there are significant drivers that create a positive environment. TE markets can help manage volatility caused by high concentrations of distributed energy resources (DER) in parts of the distribution network. Regulators are increasingly receptive to permitting residential customers to participate in new energy markets, where a market-based financial return could replace existing subsidy programs.
According to the report, ubiquitous TE markets are still many years away, as they continue to battle vested interests, legacy technology infrastructure, regulations, and taxation issues.
“Australia and Germany will likely be the first markets to move away from trials into large-scale deployment, but others—including France, the UK and Japan—will soon follow,” says Stuart Ravens, Principal Research Analyst with Navigant Research. “In the US, where the vertically integrated business model is an additional barrier, adoption will be driven by individual states. California and New York are two leading contenders, because of their DER-friendly energy policies.”
Current TE trials around the world can help identify future profits. This is not a simple task. Click to tweet: According to a new report from @NavigantRSRCH, the first TE markets will appear within the next 5-10 years, despite more bullish statements from the market.
