Navigant Research Report Finds Annual Market for the Deployment of C&I Energy as a Service is Expected to Exceed $221 Billion by 2026
As the energy as a service market matures, it is expected to give
rise to the outsourcing of energy portfolios and turnkey vendors, report
finds
BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant
Research analyzes the global market for the deployment of turnkey
energy as a service (EaaS) solutions. The report focuses on EaaS for
large commercial and industrial (C&I) customers, providing global market
forecasts, segmented by region, application, and deployment model,
through 2026.
As the electric power industry experiences a fundamental shift from
centralized generation to a more decentralized grid, C&I energy and
sustainability managers are looking to EaaS solutions to meet their
evolving needs. While still in its early stages, the EaaS market
consists of third-party vendors, utility services companies, and
potential business model disruptors deploying niche technical,
financing, or procurement solutions such as solar PV power purchase
agreements, energy services performance contracts, and deregulated
electricity market retail brokerage services. Click
to tweet: According to a new report from @NavigantRSRCH,
the annual global market for the deployment of C&I EaaS is expected to
reach $221.1 billion by 2026.
“The rise of distributed energy resources and utility business model
disruption is giving utility customers new choices in how they reduce
their energy use, greenhouse gas emissions, energy spend, and risk,”
says William Tokash, senior research analyst with Navigant Research.
“Financing innovation is expected to sit at the heart of this business
model shift and ultimately facilitate the delivery of new customer
choice options.”
According to the report, as the EaaS market matures, it is expected to
give rise to the outsourcing of energy portfolios and turnkey vendors
equipped with a comprehensive set of technical, financing, and
deployment model options.
The report, Energy
as a Service, analyzes the global market for the deployment of
turnkey EaaS focused primarily on large Fortune 500 equivalent C&I
customers. The study provides an analysis of the market issues,
including drivers, barriers, and regional and global trends, associated
with EaaS offerings and deployment models. Global market forecasts,
segmented by region, application, and deployment model, extend through
2026. The report also examines the key applications related to EaaS, as
well as the vendor 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, Energy as a Service, 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]