Navigant Research Finds Energy Storage Can Improve the Delivery of Smart Energy Solutions in Smart Cities
Energy storage is redefining how smart energy solutions can
support the ongoing urban energy transformation
BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant
Research examines the relationship between energy storage and smart
cities, providing an overview of relevant applications as well as
drivers and barriers.
Smart energy technologies are increasingly expected to help address the
sustainability needs of smart cities to reduce carbon-intensive peak
energy use and to develop resilient energy systems. Click
to tweet: According to a new report from @NavigantRSRCH,
the emergence of energy storage solutions in conjunction with the
deployment of distributed energy resources (DER) will improve the
delivery of smart energy solutions in smart cities.
“Smart energy technologies such as energy storage will increasingly be
called on to address the sustainability needs of the urban energy
transformation now underway,” says William Tokash, senior research
analyst at Navigant Research. “Specifically, energy storage is now
poised to support the delivery of low carbon DER to reduce peak energy
use and improve the resilience capabilities of urban landscapes by
enhancing access to reliable electricity supply.”
According to the report, energy storage has experienced significant
growth in the past 2 years due in part to its unique ability to support
the deployment of flexible energy capacity. The emergence of energy
storage’s ability to make DER more flexible, less carbon-intensive, and
more resilient is redefining how smart energy solutions can support the
sustainability needs of an integrated smart city technology and
solutions platform.
The report, Smart
Cities and Energy Storage, examines the role energy storage can
play in smart cities and how smart cities can drive the deployment of
energy storage. The study provides an overview of energy storage
applications within smart cities, including drivers and barriers for
energy storage, and discusses how energy storage works within an
integrated energy as a service framework. It also analyzes the role of
energy storage in the delivery of low carbon peak energy and improving
resilience. 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, Smart Cities and Energy Storage, 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
lindsay.funicello.paul@navigant.com
