Navigant Research Report Shows Global Annual Revenue for Commercial & Industrial Demand Response Is Expected to Reach $2.9 Billion in 2027

To enhance competitiveness and customer acceptance, utilities and
service providers should focus on key differentiators of opportunities
for the commercial and industrial segment

BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant
Research examines the global market for commercial and industrial
demand response (CIDR), providing market forecasts for capacity, sites,
spending, and revenue, segmented by region, through 2027.

Commercial and industrial facilities represent an important target for
utilities and demand response aggregators. While industrial facilities
contribute significantly large amounts of load reduction, collective
efforts from small and medium commercial customers are also capable of
big impacts, especially as the large commercial market becomes
saturated. Click
to tweet: According to a new report from @NavigantRSRCH,
global annual revenue for CIDR is expected to grow from $1.9 billion in
2018 to $2.9 billion in 2027.

“While traditional forms of demand response continue to be deployed
today, newer forms are emerging and are being integrated with other
distributed energy resources (DER), such as energy storage and electric
vehicles,” says Brett Feldman, principal research analyst with Navigant
Research. “Additionally, as renewable energy adoption continues to
increase, demand response provides a key benefit in its ability to help
integrate renewable resources by taking advantage of low cost, off-peak
energy when wind and solar are abundant.”

In order to enhance CIDR competitiveness and customer acceptance,
utilities and service providers should focus on key differentiators of
markets and program opportunities, stacking the values as they open up
to demand response. According to the report, it’s also important to not
look at DR as in a bubble, but to consider it within the context of
other DER offerings, including storage, distributed generation, and
energy efficiency, to provide the greatest value proposition for
customers.

The report, Market
Data: Demand Response for C&I, examines the global CIDR
market in five major geographic regions: North America, Europe, Asia
Pacific, Latin America, and the Middle East & Africa. The study provides
an analysis of the market issues, including drivers and barriers,
associated with global CIDR development. Global market forecasts for
capacity, sites, spending, and revenue for CIDR, segmented by region,
extend through 2027. The report also explores global CIDR trends to
highlight varying regional activity and markets. 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, Market Data: Demand Response for C&I, 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]