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Navigant Research Report Shows Total Annual Implementation Spending for Direct Current Distribution Networks Is Expected to Exceed $48.4 Billion in 2027

October 3, 2018

BOULDER, Colo.--(BUSINESS WIRE)--Oct 3, 2018--A new report from Navigant Research examines the global market for direct current (DC) distribution networks in six key segments, providing an overview of market issues and trends, as well as forecasts broken out by segment, voltage level, and region, through 2027.

The market for DC distribution networks encompasses disparate opportunities that revolve around different market assumptions, dynamics, and drivers, yet common challenges exist across its segments. Among these are a lack of standards and open grid architectures that can help integrate the increasing diversity of resources being plugged into retail power grids, as well as an innovation gap in the medium voltage level of electricity service (roughly 240 V-400 V) needed for many microgrids and building-scale nanogrids. Click to tweet: According to a new report from @NavigantRSRCH, despite these challenges, total annual DC distribution network implementation spending is expected to grow from more than $11 billion today to $48.4 billion in 2027.

“To build a better market for DC distribution grid infrastructure, new standards will need to be in place to allow competing vendors to design products that can plug into common DC service delivery frameworks,” says Peter Asmus, research director with Navigant Research. “Only by stepping up DC to medium voltage ranges can the current be sustained to travel over sufficient distances to create a distribution network the scale of a microgrid. This is a distribution network where DC offers immense resiliency, and modularity benefits.”

According to some estimates, as much as 80% of loads in commercial and residential structures are now natively DC. Given the enormous political and policy support for inverter-based native DC power sources such as solar PV and batteries, there is growing momentum among technology vendors making the argument to reduce DC-AC-DC conversion losses and integrate DC distribution networks into the existing power supply infrastructure. An even more convincing argument can be made to develop new DC distribution networks where there is no incumbent AC infrastructure, such as is the case with telecom towers and energy access initiatives in the developing world.

The report, , analyzes the global market for DC distribution networks in six key segments: remote cell towers, commercial buildings, data centers, energy access programs, military, and EV fast charging systems. The study examines the market issues, including DC power trends and business cases (for DC and AC), related to DC distribution networks. Global market forecasts, broken out by segment, voltage level, and region, extend through 2027. The report also examines the key segments related to DC distribution networks, as well as the competitive landscape. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about 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 Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, Direct Current Distribution Networks, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005129/en/

CONTACT: Navigant Research

Lindsay Funicello-Paul, +1-781-270-8456

lindsay.funicello.paul@navigant.com

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: ENERGY UTILITIES OTHER ENERGY TECHNOLOGY NETWORKS OTHER TECHNOLOGY

SOURCE: Navigant Research

Copyright Business Wire 2018.

PUB: 10/03/2018 05:15 AM/DISC: 10/03/2018 05:15 AM

http://www.businesswire.com/news/home/20181003005129/en

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