The market for remote microgrids is evolving. The focus of innovation is now shifting toward business models that reduce capital cost constraints, produce greater standardization, and capture as much of the total available revenue from deployments as possible. Many of these microgrids are designed to reduce diesel fuel consumption by integrating solar PV, distributed wind, or hydropower. In 2018, the global market for remote microgrids represented about $3 billion in implementation spending, and it is expected to jump to more than $10.2 billion by 2027.
Unlike past Leaderboard reports on microgrids that attempted to compare apples to apples in terms of types of companies ranked and focused on controls technology, this report takes a different approach. Rather than narrow the scope of companies to be included, it considered a variety of companies to illustrate the diversity of vendors seeking opportunity in the remote microgrid space. As a result, a value chain capture metric was included, highlighting how different kinds of companies compare on revenue capture from remote microgrid project development.
This Navigant Research Leaderboard examines the strategy and execution of 12 leading remote microgrid companies. Threshold scores determine each vendor's categorization (Leader, Contender, Challenger, etc.). These players are rated on 12 criteria: vision; go-to market strategy; partners; business model innovation; value chain capture; geographic reach; sales, marketing, and distribution; system quality and reliability; project 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 remote microgrid market.
Key Questions Addressed:
- Who are the market leaders in the remote microgrid space?
- What kinds of companies see big opportunities in this market?
- Which companies are capturing the majority of remote microgrid value chain revenue?
- Which large companies are investing in smaller startups?
- Which controls providers are focused on off-grid distributed energy resources (DER) optimization?
- Who leads among French companies seeking new remote microgrid markets?
Who Needs This Report:
- Microgrid developers and controls providers
- Energy storage manufacturers
- Reciprocal engine manufacturers
- Foundations and governments focused on energy access
Table of Contents
1. Executive Summary
- 1.1. Market Introduction
- 1.2. The Navigant Research Leaderboard Grid
2. Market Overview
- 2.1. Defining Remote Microgrids
- 2.2. Remote Microgrid Market Drivers
- 2.2.1. Lack of Energy Access in Key Developing World Markets
- 2.2.2. Incremental Energy Consumption Growth Patterns
- 2.2.3. Declining Costs of Key Microgrid-Enabling Technologies
- 2.2.4. Global Energy Access Initiatives
- 2.3. Remote Microgrid Market Barriers
- 2.3.1. Private Capital Flowing Primarily to Grid-Tied Microgrids
- 2.3.2. Subsidies that Support the Status Quo
- 2.3.3. Energy Theft
- 2.3.4. Lack of International Standards Targeting Remote Applications
- 2.4. Recent Global Remote Microgrid Market Trends
- 2.4.1. Energy as a Service Business Models
- 2.4.2. Plug-and-Play Modular Microgrids
- 2.4.3. Larger Players Entering the Market
- 2.4.4. Remote Microgrid Segments
- 188.8.131.52. Commodity Extraction
- 184.108.40.206. Physical Islands
- 220.127.116.11. Village Electrification
3. The Navigant Research Leaderboard
- 3.1. The Navigant Research Leaderboard Categories
- 3.1.1. Leaders
- 3.1.2. Contenders
- 3.1.3. Challengers
- 3.1.4. Followers
- 3.2. The Navigant Research Leaderboard Grid
4. Company Rankings
- 4.1. Leaders
- 4.1.1. ENGIE
- 4.1.2. ABB
- 4.1.3. Optimal Power Solutions
- 4.2. Contenders
- 4.2.1. Schneider Electric
- 4.2.2. EDF
- 4.2.3. Caterpillar
- 4.2.4. OutBack Power
- 4.2.5. Husk Power Systems
- 4.2.6. Powerhive
- 4.3. Challengers
- 4.3.1. Larsen & Toubro
- 4.3.2. PowerGen Renewable Energy
- 4.3.3. juwi
5. Acronym and Abbreviation List
6. Table of Contents
7. Table of Charts and Figures
8. Scope of Study and Methodology
- 8.1. Scope of Study
- 8.2. Sources and Methodology
- 8.2.1. Vendor Selection
- 8.2.2. Ratings Scale
- 18.104.22.168. Score Calculations
- 8.2.3. Criteria Definitions
- 22.214.171.124. Strategy
- 126.96.36.199. Execution