Rapid demand growth predicted for distributed generation technologies – Cogeneration & On-Site Power Production Magazine

Investment in on-site power technologies is projected to reach over $155 billion through 2023, up from $1.8 billion today, new analysis has found.

According to Navigant Research’s latest microgrid study, the global market for ‘microgrid enabling technologies’ such as diesel generators, natural gas-fueled generators, fuel cells, combined heat and power (CHP), solar photovoltaics (PV), distributed wind power, micro-hydropower, biomass, smart islanding inverters and energy storage will see rapid demand growth over the next several years.

Source: www.cospp.com

See on Scoop.itMicro generation – Energy & Power systems

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s