This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.

Post

Global Renewable Microgrid Deployment Growth in 2015 Set to Continue in 2016

Arnaud Henin's picture
Managing Director Gommyr Power Networks
  • Member since 2015
  • 16 items added with 6,566 views
  • Jan 1, 2016
  • 826 views

Your access to Member Features is limited.

As 2015 draws to a close, it is time to review the progress and status of renewable microgrid development around the world.  The past year has been a good one for renewable microgrids.  There has been significant growth in the deployment, implementation and interest in renewable microgrids globally.  Importantly, this growth seems set to continue into 2016.

The activity in microgrids is growing in all regions of the world.   In addition, it is important to note the increasing focus on commercially oriented projects as shown below:
Picture
 
The regions with the fastest growth are North America and Asia, however many projects are emerging in South America and Africa as well.  As the costs of PV, wind and energy storage continue to decrease, this growth will further accelerate. 

The rise of commercially oriented projects will also allow for private investment to enter the sector.  Removing remaining fossil-fuel subsidies and regulatory barriers, such on restrictions of who can own or install power installations or sell power to third parties, will further accelerate growth and adoption.  The positive outcome from the Paris climate negotiations also promises to add support and potentially financing to the deployment of microgrids in emerging markets. 

Momentum is growing and renewable microgrids are fast approaching the tipping point for becoming a mainstream energy option in both developed and emerging markets.  The year ahead promises to be a good one for renewable microgrids – best wishes for a successful 2016 to everyone in the sector. 
Arnaud Henin's picture
Thank Arnaud for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »