Transactive Energy Markets Provide New Opportunities for Distributed Energy Resources
First Transactive Energy Markets will Appear within the Next 5-10
Years
A new report from Navigant
Research analyzes the pace of global adoption of transactive energy
(TE) markets.
While fully-fledged TE markets will take many years to mature, there are
significant drivers that create a positive environment. TE markets can
help manage volatility caused by high concentrations of distributed
energy resources (DER) in parts of the distribution network. Regulators
are increasingly receptive to permitting residential customers to
participate in new energy markets, where a market-based financial return
could replace existing subsidy programs.
According to the report, ubiquitous TE markets are still many years
away, as they continue to battle vested interests, legacy technology
infrastructure, regulations, and taxation issues.
“Australia and Germany will likely be the first markets to move away
from trials into large-scale deployment, but others—including France,
the UK and Japan—will soon follow,” says Stuart Ravens, Principal
Research Analyst with Navigant Research. “In the US, where the
vertically integrated business model is an additional barrier, adoption
will be driven by individual states. California and New York are two
leading contenders, because of their DER-friendly energy policies.”
Current TE trials around the world can help identify future profits.
This is not a simple task. Click
to tweet: According to a new report from @NavigantRSRCH,
the first TE markets will appear within the next 5-10 years, despite
more bullish statements from the market.
This report, Transactive
Energy Markets, complements Navigant Research’s previous research on
the opportunities TE. The study analyzes the market issues, including
demand drivers and barriers, associated with the development of TE
markets and business models. Global market forecasts, broken out by
segment, technology, and region, extend through 2026. The report also
examines the value streams related to TE and provides recommendations
for DER owners, network utilities and suppliers, TE vendors, and other
stakeholders exploring the emerging TE markets.
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, Transactive Energy Markets 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.
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