omniture

To Disrupt or Not to Disrupt: Understanding the Global Microgrid Market

Decreasing costs and technological advancements of decentralized power and storage illuminate new opportunities for microgrids
Frost & Sullivan
2016-06-15 01:02 1409

LONDON, June 15, 2016 /PRNewswire/ --

Frost & Sullivan Global Energy and Environment Research Team

WHEN:             

Wednesday, 15 June 2016

TIME:                

15:00 BST

LOCATION:        

Online, with complimentary registration

PRESENTER:      

Ross Bruton, Senior Industry Analyst for Smart Energy Systems, Frost & Sullivan

"Microgrids" is the new buzz word amidst the rise of distributed energy resources and battery energy storage systems. "Significant price declines in both distributed renewable power and battery technologies, coupled with increased technological advancements in control and energy management systems, have created a vision of highly reliable, efficient, renewable and "islandable" grid networks embedded with advanced smart grid technologies", says Ross Bruton, Senior Industry Analyst for Smart Energy Systems, Frost & Sullivan. These microgrids are expected to protect the encompassed load (e.g., community, commercial park, industrial zone, military base, etc.) from sudden outages, as well as mitigate on-going power quality and reliability issues experienced by the central gird.

"However, the development of this advanced microgrid market rests on an already established global market of remote and island microgrids, largely driven by remote electrification of communities and a severe lack of reliable electricity supply in developing countries", - Mr. Bruton continues. To provide an understanding of the nuances of the global market, the briefing will provide clarity on market drivers and restraints for different application and geographic markets; geographic segmentation of market revenues and key market hotspots; and multiple business models that vary depending on the unique regulatory, economic, topographical, social and technological environments in which they are developed.

It will also be useful to:

  • Understand the market forces impacting the development of microgrids within key regional markets (NA, Europe, APAC, ROW);
  • Discuss market strength, commercial opportunity and expected growth of microgrid types per regional market (i.e., rural and island grids, community/utility, commercial/industrial, military, institutional/campus);
  • Learn about assessment of key business models being used in the establishment of bankable microgrid projects;
  • Gain a snapshot of growth hotspots (countries) for future microgrid growth and assessment of supporting policy.

To attend the webinar and to receive a copy of the presentation slides and link to the audio recording, kindly email chiara.carella@frost.com your full contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion

Join Us: Join our community

Subscribe: Newsletter on "the next big thing"

Register: Gain access to visionary innovation

Contact:
Evgenia Oleynikova
Corporate Communications – Europe
Frost & Sullivan
P: +48 22 481 62 10
E: evgenia.oleynikova@frost.com
Twitter: @Frost_Sullivan

Source: Frost & Sullivan
Related Links:
Keywords: Oil/Energy Utilities
collection