Microgrid in Smart Grid Microgrid in Smart Grid Market Size, Key Issues, Regulations and Outlook to

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  • Microgrid in Smart Grid Market Size, Key Issues, Regulations and Outlook to 2020 GDSG0027MAR / Published March 2013

  • Microgrid in Smart Grid - Market Size, Key Issues, Regulations and Outlook to 2020

    GDSG0027MAR / Published MAR 2013 Page 2

    © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

    North America Dominates the Microgrid Market in 2011

    The global market for microgrid is currently driven by North America, which accounts for XX% of the global revenue in 2011. The North American microgrid market has observed considerable growth during the past few years and has been primarily driven by the need to reduce the strain on the power grid in the US, increased emphasis on reducing Greenhouse Gas (GHG) emissions, and improving supply security and reliability by integrating a larger number of distributed generation sources. During the forecast period until 2020, the Europe and Asia-Pacific markets are also expected to develop rapidly.

    Microgrid Market, Global, Regional Segmentation (%), 2011

    North America

    Europe

    Asia-Pacific

    Rest of the World

    Source: GlobalData; Primary interviews with global microgrid market industry experts

    Developing Countries Will Emerge as the Largest Market for Microgrid Technologies

    The global market for microgrid technologies will be driven by developing countries such as India, China and South Africa during 2012-2020. In 2011, the US contributed around XX% of the revenue to the global microgrid market. There have been number of grid-connected microgrid projects that have been deployed in the US, with the intention of reducing the strain on the national grid, and this is expected to continue in the future as well. However, the global market is expected be driven by the developing markets in Eastern and Southern European countries, China, India, Japan, Australia, South Africa and Brazil. The need to provide electricity to the population residing in remote locations is expected to drive the market in Europe and Asia-Pacific.

    Emphasis on Security of Power Supplies to Drive the Market

    The growing number of installations of renewable energy resources that operate at low voltage levels and the increasing efforts of governments to improve the security and reliability of their electricity supplies are the major factors driving the current microgrid market. Complete dependence on the existing power grid is creating significant stress on existing infrastructure and can increase the risks of consumer vulnerability to unreliable power supplies. Additionally, many countries such as Australia and the US need to significantly upgrade their transmission systems to meet their growing electricity demand, which could prove to be very expensive if done through traditional centralized methods. A microgrid system has the ability to operate as an island system that provides reliable power to its immediate consumers, and can also support the wider grid when required. This offers a lot of stability to the entire electricity infrastructure and also reduces the demand load on the transmission and distribution system, so microgrids could prove to be an economical alternative to countries looking to update their electricity infrastructure. Additionally, there are many regions around the world that have regions which are isolated from the country’s central, national electricity grid, and it is very expensive to connect such areas to the existing grid. So, as a cheaper alternative, these areas could be electrified by equipping them with remote microgrids.

  • Microgrid in Smart Grid - Market Size, Key Issues, Regulations and Outlook to 2020

    GDSG0027MAR / Published MAR 2013 Page 3

    © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

    1 Table of Contents 1 Table of Contents ............................................................................................................................ 3

    1.1 List of Tables ............................................................................................................................. 5 1.2 List of Figures............................................................................................................................ 6

    2 Introduction ..................................................................................................................................... 7 2.1 Microgrid Overview .................................................................................................................... 7 2.2 Role of Microgrid in Smart Grid .................................................................................................. 8 2.3 GlobalData Report Guidance ..................................................................................................... 9

    3 Global Market for Microgrid ............................................................................................................ 10 3.1 Microgrid Market, Global, Annual Revenues, 2011-2020 ........................................................... 11 3.2 Microgrid Market, Global, Regional Segmentation of Market, 2011 ............................................ 13 3.3 Microgrid Market, Global, Key Drivers, 2012-2020 .................................................................... 14

    3.3.1 Increasing the Power Security of Supply .......................................................................... 14 3.3.2 Emphasis on Minimizing Greenhouse Gas Emissions ...................................................... 14 3.3.3 High Cost of Transmission and Distribution Infrastructure................................................. 15 3.3.4 Emphasis on Improving Electrification ............................................................................. 15 3.3.5 Minimize Transmission and Distribution Losses ............................................................... 15

    3.4 Microgrid Market, Global, Key Barriers, 2012-2020 ................................................................... 16 3.4.1 High Cost of Microgrid Technologies ............................................................................... 16 3.4.2 Instability Emerging from Intermittency of Microgrids ........................................................ 16 3.4.3 Insufficient Regulatory Support for Microgrid Deployments ............................................... 16

    3.5 Microgrid Market, Global, Key Standards, 2011 ........................................................................ 17 3.5.1 IEEE Standards .............................................................................................................. 17 3.5.2 China’s Standards .......................................................................................................... 18

    3.6 Microgrid, Global, Key Applications, 2012................................................................................. 19 3.6.1 Military Microgrids ........................................................................................................... 19 3.6.2 Institution and Campus Microgrid .................................................................................... 19 3.6.3 Community and Utility Microgrid ...................................................................................... 19 3.6.4 Island and Remote Microgrids ......................................................................................... 19

    4 Microgrid Market, North America, 2011-2020 .................................................................................. 20 4.1 Microgrid Market, North America, Annual Revenue, 2011-2020................................................. 20 4.2 Microgrid Market, the US, 2011-2020 ....................................................................................... 22

    4.2.1 Microgrid Market, the US, Annual Revenue, 2011-2020 ................................................... 23 4.2.2 Microgrid Market, the US, Regulatory Scenario, 2012 ...................................................... 24 4.2.3 Microgrid Market, the US, Key Projects, 2012 .................................................................. 25

    4.3 Microgrid Market, Canada, 2011-2020...................................................................................... 26 4.3.1 Microgrid Market, Canada, Annual Revenue, 2011-2020 .................................................. 26 4.3.2 Microgrid Market, Canada, Key Regulations, 2012 ........................................................... 27 4.3.3 Microgrid Market, Canada, Key Projects, 2012 ................................................................ 28

    5 Microgrid Market, Europe, 2011-2020 ............................................................................................. 29 5.1 Microgrid Market, Europe, Annual Revenue, 2011-2020 ........................................................... 30 5.2 Microgrid Market, Germany, 2011-2020 ................................................................................... 32

    5.2.1 Microgrid Market, Germany, Annual Revenue, 2011-2020 ................................................ 32 5.2.2 Microgrid Market, Germany, Regulatory Scenario, 2012 ................................................... 34 5.2.3 Microgrid Market, Germany, Key Projects, 2012 .............................................................. 34

    5.3 Microgrid Market, the UK, 2011-2020 ....................................................................................... 35 5.3.1 Microgrid M

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