Improved Software Platform Capabilities Will be Key to Financing Distributed Energy Resources for Commercial and Industrial Energy Users
Commercial and industrial energy users are seeking balance-sheet-backed vendors that can guarantee energy and cost savings through innovative DER financing offerings
A new report from Navigant Research explores emerging distributed energy resources (DER) software platform capabilities to enable improved financing solutions for commercial and industrial (C&I) energy users.
As the energy transformation takes hold, C&I energy users are increasingly interested in new DER solutions that can reduce energy use and spend without CAPEX or a negative impact on their day-to-day operations. Intelligent building and DER software platforms can help, but will need to demonstrate improved integrated analytics, operational control, and optimization capabilities to ensure energy savings from customer-sited DER. Click to tweet: According to a new report from @NavigantRSRCH, these capabilities will become key to meeting the DER financing needs of C&I energy users, DER financiers, DER solutions providers, project developers, utilities, energy service providers, and energy suppliers.
“C&I energy users seek balance-sheet-backed vendors that can guarantee energy and cost savings through innovative DER financing offerings,” says William Tokash, senior research analyst with Navigant Research. “Improved DER software platform capabilities will be needed to deploy financed solutions across increasingly complex use case scenarios to meet customers needs for energy and cost reductions.”
For stakeholders in this space, Navigant Research recommends intelligent building and DER software platform technology providers work together to improve DER financing and create more predictable customer savings from financed solutions via integrated analytics. Meanwhile, utilities, utility service companies, and DER solutions providers should work together to implement integrated software platform capabilities.
The report, Driving Improved DER Financing with New Software Platform Capabilities, examines how new DER solutions can be financed to avoid CAPEX and meet the sustainability and operational efficiency needs of C&I energy users. The study explores trends related to C&I utility customers seeking broader energy savings via innovative DER financing. It also examines the integrated DER software platform capabilities required to meet stakeholder needs and efforts to develop and drive these capabilities, as well as improved DER financing. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Funicello-Paul
* The information contained in this press release concerning the report, Driving Improved DER Financing with New Software Platform Capabilities, 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.