Microgrid Market is Shifting from Pilot Programs to Commercial Projects, Says …

BOULDER, Colo., Dec 28, 2011 (BUSINESS WIRE –
Microgrids, which are smart grid networks for integrating
distributed energy generation from both renewable and fossil fuel
resources, are proliferating around the world in a variety of forms.
Microgrids may be grid-tied or remote and are utilized in several
key application segments including commercial, community, institutional,
military, and remote installations. According to a new
tracker report from Pike
Research, one of the most significant changes in the
nascent microgrid market in 2011 was the beginning of a shift away from
pilot projects and toward full-scale commercial microgrids.

«A wide range of electricity users are demonstrating strong demand
for power generation and distribution systems that can be operated
independently from the utility grid,» says senior analyst Peter Asmus.
«A few of the market drivers include concerns about grid
reliability, rising costs of fuel, broader availability of distributed
generation technologies, and a drop in prices for some nontraditional
energy sources such as solar photovoltaic (PV systems. Microgrids
are now emerging from the experimental stage and are being
commercialized at greater scale and for an increasing variety of
deployment applications.»

Asmus adds that with the adoption of the IEEE P1547.4 islanding
standards in July 2011, the shift from pilot validation projects will
only accelerate. Since 2009, a handful of large
commercially viable projects have come to light, especially in
California — as platforms for aggregation of distributed renewable
resources, and in New York — with combined heat and power (CHP units as
anchor technologies.

Pike Research’s tracker includes details for 269 microgrid
projects around the world, up from 166 in the 2Q11 version of the
tracker database. The cleantech market intelligence firm’s
deeper dives into the three most active microgrid segments —
institutional/campus, military, and remote systems — have uncovered new
projects and new market players. Particularly notable in
the new version of the tracker is the identification of three primary
subsegments within the remote microgrid market — village power systems,
weak grid island systems, and remote industrial mine systems, each of
which is expected to represent a billion-dollar plus market by 2017.

Pike Research’s tracker report, «Microgrid
Deployment Tracker 4Q11″, provides a detailed and
comprehensive database of worldwide microgrid projects. The
tracker covers microgrids in five key segments: commercial/industrial,
community/utility, institutional/campus, military, and remote systems.
Deployments are segmented by world region, and the tracker
includes details on generation capacity, power generation sources,
facility type, and companies involved for each project. An
Executive Summary of the report is available for free download on the
firm’s website.

Pike Research is a market research and consulting firm that
provides in-depth analysis of global clean technology markets. The
company’s research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings
sectors. For more information, visit
www.pikeresearch.com
or call +1.303.997.7609.

SOURCE: Pike Research

          Pike Research         Richard Martin, +1-303-997-7609         press@pikeresearch.com 

Copyright Business Wire 2011

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