More Than 400 Microgrid Projects Are under Development Worldwide, Finds Navigant Research Tracker

BOULDER, Colo.–(BUSINESS WIRE)– Recent widespread power outages from severe weather events and other causes have increased the appeal of microgrids, which can operate in isolation from the wider power grid. According to a recent tracker report from Navigant Research, the number of active microgrid projects around the world continues to increase rapidly. The report, the fourth edition of Navigant Research‘s Microgrid Deployment Tracker, identifies at least 405 microgrid projects that are currently planned, proposed, under development, or fully operating.

“The microgrid market is highly dynamic, and many projects remain under the radar,” says Peter Asmus, principal research analyst with Navigant Research. “However, the microgrid platform is moving increasingly into the mainstream, and new projects will feature substantial investments in hardware and software, and therefore represent more lucrative business opportunities than previously recognized.”

North America remains the world’s most fertile environment for microgrids, according to the report. Connecticut, which has suffered massive power outages several times in recent years, is the first state in the United States to move forward with a policy program to promote microgrids. The report identifies 219 microgrid projects in North America, more than half of the world total.

The report, “Microgrid Deployment Tracker 4Q12“, covers five microgrid market application segments and four principal geographies. The tracker lists proposed, planned, under development and operating microgrids – as well as selected projects that lay the foundation for viable microgrids over the next six years. The goal of this database is to provide the most up-to-date summary of microgrid projects available globally. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, a part of Navigant Consulting, Inc. (Navigant), provides in-depth analysis of global clean technology markets. The team’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 Utilities, Smart Transportation, Smart Industry, and Smart Buildings sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant (NYS: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the …read more
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