By Editors of Power Engineering
A new study by Navigant Research identified 1,842 microgrid projects totaling 19,279.4 MW of capacity for projects operating, under development or proposed.
The study added 173 new projects from the year before. The commercial and industrial segment saw strong growth with more than 2 GW added.
“Within the next decade, microgrids serving C&I applications are expected to become the fastest-growing segment as more companies seek stable power solutions beyond what the grid can provide,” says Adam Wilson, research analyst with Navigant Research. “Market share in this segment increased from 6 percent to 16 percent from the 4Q 2016 Tracker, thanks to an additional 2.1 GW of capacity, largely from a portfolio of natural gas microgrids across India and China.”
Diesel remains the leading energy source, though solar capacity is starting to catch up. Though North America has the most operational microgrids, the Asia Pacific region leads the market for projects under development and proposed new capacity.