Green Charge Networks, Stem, and Sunverge Rank as Leading Integrators of Distributed-Scale Energy Storage Systems in Navigant Research Assessment
Grid benefits from distributed-scale energy storage systems are
driving the development of software platforms that can serve as virtual
power plants, report finds
BOULDER, Colo.–(BUSINESS WIRE)–#ESS–A new Leaderboard Report from Navigant
Research examines the strategy and execution of 14 leading
integrators of distributed-scale energy storage systems (ESSs).
To date, distributed-scale ESSs have focused on providing storage
benefits to residential or commercial and industrial (C&I) host
facilities, including resilient backup power and energy demand charge
savings. However, stakeholders in the stationary energy storage market
also recognize that these ESS installations can deliver grid benefits to
regional transmission organizations and independent system operators, as
well as local distribution system utilities. Click
to tweet: According to a new Leaderboard report from @NavigantRSRCH,
in terms of strategy and execution, Green Charge Networks, Stem, and
Sunverge are the leading integrators of distributed-scale ESSs.
“Leaders in the distributed-scale ESS sector have built on innovative
software platform capabilities to focus on playing multiple roles across
the delivery value chain,” says William Tokash, senior research analyst
with Navigant Research. “As a result, they can drive down costs, enable
financing innovation, and establish customer access advantages relative
to their peers.”
Grid benefits from distributed-scale ESSs are driving the development of
software platforms that can integrate distributed generation and
building controls along with storage to reduce demand charge. These
software platforms can also serve as virtual power plants (VPPs) capable
of analyzing, controlling, and optimizing a portfolio of these ESSs. As
power market rules mature, according to the report, these types of VPPs
are expected to emerge as a necessary integration solution for
distributed energy resources.
The report, Navigant
Research Leaderboard Report: Distributed-Scale Energy Storage Systems
Integrators, examines the strategy and execution of 14 leading
distributed-scale ESS integrators focused specifically on the
utility-scale market. These companies are rated on 10 criteria: vision;
go-to-market strategy; partnerships; technology; geographic reach;
sales, marketing, and distribution; product performance; product
portfolio; pricing; and staying power. Using Navigant Research’s
proprietary Leaderboard methodology, vendors are profiled, rated, and
ranked with the goal of providing industry participants with an
objective assessment of these companies’ relative strengths and
weaknesses in the global market for distributed-scale ESS integrators.
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, Navigant Research Leaderboard Report: Distributed-Scale
Energy Storage Systems Integrators, 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.
Contacts
Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
[email protected]