DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/8mgztj/rise_of_the) has announced the addition of the "Rise of the Prosumer" report to their offering.
Prosumers (customers who both produce and consume energy) are on the rise globally, as investment in renewables and distributed generation technologies increase. Enabled by smart energy management solutions, smart grids, energy storage solutions, and supportive legislation, the next 5 years will see strong growth in related markets, as well as disruption to the traditional energy business models due to increased penetration of prosumers in the energy value chain. The study details the various drivers for the growth of prosumers along with their discussions. It also provides the three big predictions, entailing the trends witnessed in the market.
One of the most prominent methods of carbon reduction is by increasing the amount of electricity produced by highly efficient distributed and renewable generation technologies. Incentives and legislation have encouraged energy consumers to shift from conventional power generation to renewable power generation. Energy users are no longer confined to consumption of energy, and are increasingly involved in contributing to the energy distributed across grids by participating in the generation of energy.
The intermittency and unpredictability of renewable technologies have led power suppliers to invest in smart grid solutions. Investments in smart grid infrastructure have encouraged active participation by power consumers. They have evolved from passive consumers to active producers, commonly termed as prosumers' in the energy market.
Political willingness and cost allocation initiatives to facilitate grid integration across various distributed generation technologies will be a key driver for the growth of prosumers. Investments in technological developments will also ensure efficient energy management by the prosumers.
Technology-led price decline of renewable energy installations has led to increased competitiveness for conventional energy sources. The levelised cost of electricity for renewable generation is attracting increased investments. Distributed energy production and decentralisation of power generation through rooftop solar panels and wind farms have also contributed to the rapid rise in the number of energy prosumers.
Key Topics Covered:
1. Executive Summary
2. Overview of Prosumers
3. Key Enablers
4. Growth in Decentralised Energy
5. Levelised Cost of Electricity/Grid Parity
6. Retail Electricity Price
7. Supportive Regulation/Legislation
9. Energy Storage
10. Business Models and Case Studies
For more information visit http://www.researchandmarkets.com/research/8mgztj/rise_of_the