NANOGRID REVENUES TO GET BIGGER

Nanogrids; Grid-Tied and Remote Commercial, Residential, and Mobile Distribution Networks: Global Market Analysis and Forecasts

1Q 2014 (Navigant Research)

“Nanogrids are modular building blocks for energy services that support applications [serving a single building or a single load] ranging from emergency power for commercial buildings to the provision of basic electricity services for people living in extreme poverty…[S]ubstantial deployments of nanogrids [with less technical and regulatory barriers than microgrids] are already in place…Nanogrids can be synergistic with the growing movement toward enhancing resiliency and therefore complement microgrids, but there are times and situations when microgrids and nanogrids will be competing…Bosch, Eaton, Emerson Network Power, Johnson Controls, and NRG Energy [are working the nanogrid market]. Navigant Research forecasts that global nanogrid vendor revenue will grow from $37.8 billion in 2014 to $59.5 billion in 2023…” click here for more

click to enlarge

Tweet