2Q 2023

Analyst Insight: Megatrends Impacting Microgrids

Global Microgrid Deployment Insights

The Microgrid Deployment Tracker 1Q23 is the 23rd edition of the report from Guidehouse Insights and covers seven microgrid market segments and six principal geographies. The Tracker does not list unit sales of devices; instead, it lists proposed, planned, in-development, and operating microgrids and selected portfolios of microgrids by country, program, and vendor. The Tracker represents the largest and most thorough overview of the microgrid market published by any research service or government organization. Its purpose is to provide the best, up-to-date summary of microgrid projects globally, highlighting key trends across regional markets, customer segments, and generation technologies. For this update, Guidehouse Insights has estimated capacity of microgrid projects where component-level data was not reported or could not be verified. This new, more accurate process revealed approximately 2.5 GW of capacity that was previously omitted. Guidehouse Insights will adopt this process for estimating component-level capacity for all future Microgrid Tracker updates. The Tracker is updated continuously and published every other quarter. The next update is scheduled to be published in 3Q 2023.

This accompanying Analyst Insight maps emerging macroeconomic and industry trends affecting dynamic microgrid markets in leading regions around the world. The number of microgrid projects deployed globally continues to expand, particularly as microgrids are configured to solve utility-scale problems. The US Inflation Reduction Act has spurred domestic manufacturing of clean energy microgrid components but has also created trade tensions between the US and the European Union. As of May 2023, the EU has proposed but not yet approved an incentive scheme to support European cleantech manufacturing, including many components common to microgrids. Additional topics covered in this report include microgrid trends, drivers, and barriers; community flexibility use cases; case studies illustrating global minigrid deployments; a regional market overview by segment; and analyst conclusions.

Pages 16
Tables | Charts | Figures 5
  • What are the megatrends impacting microgrids?
  • How are microgrids solving utility-scale problems?
  • What are the major market drivers and barriers in the microgrids market?
  • What are examples of minigrids providing solutions to emerging markets?
  • How will energy nationalism affect microgrid subsidies?
  • Which cities and communities lead by microgrid capacity?
  • Which microgrid components are most used by capacity?
  • What is the regional segmentation of microgrid markets?
  • Microgrid and smart grid technology companies
  • Microgrid project developers
  • Smart grid hardware and software providers
  • Large industrial power users
  • Government and nongovernment agencies
  • Military agencies
  • Investor community
  • Colleges and universities



Executive Summary

Microgrid Market Megatrends

Market Drivers& Barriers

Microgrids Are Solving Utility-Scale Problems

Case Studies: Minigrids Light Up Emerging Markets

Rising Energy Nationalism, Component Standardization

Regional Market Overview, Conclusions

Acronyms & Abbreviations, Additional Resources, Contact

  • Total Microgrid Capacity by Component, World Markets: 1Q 2023
  • Top 10 Cities/Communities by Total Microgrid Capacity, World Markets: 1Q 2023
  • Total City/Community Segment Microgrid Capacity by Component, World Markets: 1Q 2023
  • Percentage of Total Regional Microgrid Capacity by Segment, World Markets: 1Q 2023

  • Market Drivers and Barriers
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