Dive Summary:
- The report finds that by 2018, the integration of utility distribution microgrids into the larger utility grid network will increase microgrid capacity to 1.2 gigawatts and microgrid provider revenues to almost $3.3 billion.
- Pike Research bases its findings on analysis of the implications of bringing utility distribution microgirds to different markets worldwide.
- The Asia Pacific region, the report concludes, will lead the world in long run utility distribution microgrid revenues due to its growing distribution grid infrastructure.
From the article:
According to a new report from Pike Research, a part of Navigant’s Energy Practice, microgrid adoption by utilities will increase steadily over the next several years, as awareness of, and confidence in, the microgrid model’s capabilities and benefits grow. ...