Global Utility Community/ Milli Grids Market Growth, Trends, and Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Utility Community/ Milli Grids Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Owing to technological advancements and the manufacturing of equipment on a large scale, the renewable power generation cost has declined over the years. Since 2010, the costs of onshore wind and solar photovoltaic (PV) electricity have declined by 23% and 73% respectively.

The renewable power plants are suitable for providing power in remote locations and can therefore be used as remote power generation systems. In developing countries, a significant proportion of rural population does not have access to the national power grid. Thus, the potential for the renewable remote power generation systems market in such regions is estimated to be high.

North America has a large but aging transmission and distribution network. In the United States, although natural gas is the largest contributor to electricity generation, coal still accounts for more than 30% of the total power generation. Owing to concerns over air pollution, the government is taking steps to reduce the reliance on coal and encouraging the use of gas and renewables. The power industry's transformation is expected to require not only the expenditure on building new power plants, but also on constructing new transmission and distribution network.

In India, about 20% of the population does not have access to electricity. The majority of this population lives in rural areas, where transmission networks are not available. Another problem that country's transmission network faces is high transmission losses. Transmission losses claim about 18% of power generated in the country. The combined heat power (CHP) plants and renewable power plants that operate in remote areas are considered a solution to both of these prominent problems, lack of transmission network, and high transmission losses.

Companies Mentioned

  • Arista Power
  • Bloom Energy
  • Boeing Smart Grid Solutions
  • Burns & McDonnell
  • Chevron Energy Solutions
  • Dong Energy
  • Encorp
  • GE Digital Energy
  • Honeywell International Inc.
  • Johnson Controls Inc.
  • Lockheed Martin
  • Rolls-Royce Power Development
  • S&C Electric Company
  • SAIC
  • San Diego Gas & Electric
  • Schneider Electric
  • Siemens AG

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Value Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Competitive Landscape

11. Disclaimer

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Contacts

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Laura Wood, Senior Manager
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Related Topics: Utilities

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Utilities