Guidehouse Insights Report Finds Fastest Growing Commercial and Industrial Microgrid Segment in the World

Declining costs make the use of renewable energy more attractive, but the problems of integrating legacy infrastructure remain

BOULDER, Colo., October 6, 2021 / PRNewswire / – A new report from Guide perspectives examines the public policies and technology drivers that are accelerating the adoption of commercial and industrial microgrids (C&I). The report provides global forecasts for the microgrid sub-segments in terms of capacity and implementation expenditure through 2030.

Historically, the C&I microgrid segment has lagged behind other microgrid market segments mainly due to the lack of a clear value proposition based on the return on investment of microgrids. Over the past decade, however, it has become the fastest growing microgrid market in the world. According to a new report from Guidehouse Insights, the C&I microgrid market is evolving into one of the most innovative microgrid markets, as technological advancements make the transition from fossil fuels to renewables increasingly profitable.

“The cost of solar PV continues to drop over time, making microgrids more attractive to C&I customers, as their main goal is to reduce costs,” says Pierre Asmus, Research Director at Guidehouse Insights. “Additionally, competitively priced energy storage, which most often comes in the form of batteries, is the key technological advancement in hardware that should enable a more attractive micro-grid value proposition for C&I micro-grids. “

However, the C&I micro-grids segment also faces some hurdles. Many C&I customers, such as data centers, focus first on what they see as practical solutions to their reliability problems, such as backup diesel generators and redundant power supplies. Connecting newer infrastructure (eg solar PV and advanced batteries) to older existing infrastructure can present challenges.

The report, Commercial and industrial microgrids, foresees four sub-segments of C&I micro-grids (Grid-Linked Commercial, Grid-Linked Industrial, Distant Commercial, and Distant Industrial) in terms of capacity and implementation expenses. It also presents the profiles of the leading micro-grids providers focused on the C&I market. The report reviews the public policies and technology drivers that are accelerating the adoption of C&I microgrids, including trends towards modular systems and energy as a service (EaaS) offerings. Forecasts include all major regions of the world and extend through 2030. A summary of the report is available for free download from the site Guidehouse Insights website.

About Guidehouse Insights
Guidehouse Insights, the market intelligence arm of Guidehouse, provides research, data and benchmarking services for today’s rapidly changing and highly regulated industries. Our knowledge is based on an in-depth analysis of the global cleantech markets. The team’s research methodology combines supply-side industry analysis, primary end-user research, and demand assessment, coupled with in-depth examination of technology trends, to provide insight complements emerging resilient infrastructure systems. Additional information on Guidehouse Insights is available at www.guidehouseinsights.com.

About Guidehouse
Guidehouse is one of the world’s leading providers of public and commercial procurement advisory services with broad capabilities in risk management, technology and consulting. We help our clients tackle their toughest challenges and overcome significant regulatory pressures with a focus on transformational change, business resilience and technological innovation. Through a range of consulting, consulting, outsourcing and digital services, we create scalable and innovative solutions that prepare our clients for future growth and success. The company has more than 10,000 professionals in more than 50 sites around the world. Guidehouse is a portfolio company of Veritas Capital, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda issues that drive national and global economies. For more information, please visit: www.guidehouse.com.

* The information contained in this press release concerning the report, Commercial and industrial microgrids, is a summary and reflects Guidehouse Insights current expectations based on market data and trend analysis. Market forecasts and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or report. Please refer to the full report for a full understanding of the assumptions underlying the report findings and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse makes any commitment to update the information contained in this press release or the report.

For more information, contact:

Lindsay Funicello-Paul
+1.781.270.8456
[email protected]

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