Europe Microgrid Market - Industry Trends and Forecast to 2029
- Published Date: 2022-12-31
- Report ID: 143980
- Pages: 225
-
Format:
Short Description
Europe Microgrid Market, By Connectivity (Off-Grid/Island/Remote, Grid Connected), Offering (Hardware, Software, Services), Pattern (Urban, Semi-Urban, Remote Island), Source (Diesel Generators, CHP, Solar PV, Natural Gas, Others), Storage (Lithium-Ion, Lead Acid, Flow Batteries, Solar Batteries, Flywheel, Others), Grid Type (AC Microgrid, DC Microgrid, Hybrid Microgrid), Capacity (Less Than 5,000 MW, 5,001 10,000 MW, 10,001 15,000 MW, More Than 15,000 MW), Control (Primary (Local Control), Secondary, Tertiary (Optimization) Control), Application (Remote Location, Utility, Industrial, Campus, Military, Smart City, Data Center, Hospital, School, Others), Country (Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe) Industry Trends and Forecast To 2029
Market Definition
A microgrid is a distinct energy system that consists of interconnected loads and distributed energy resources that are capable of operating in parallel with, or independently from the main power grid. Microgrids, in general, are smaller versions of power networks that transport electricity from generators to consumers. They help to lower overall costs and provide grid backup in the event of an outage. Microgrids are more efficient than regular electrical grids and can be integrated with a variety of renewable energy sources such as solar, wind, small hydro, geothermal, waste-to-energy, and combined heat and power (CHP) systems. batteries, distributed generators, and solar panels can also be used to power them. Furthermore, they are also a reliable source of electricity because they operate continuously during power outages.
Market Segmentation
The microgrid market is segmented on the basis of connectivity, offering, pattern, source, storage, grid type, capacity, control, and application.
On the basis of connectivity, the Europe microgrid market is segmented into off-grid/island/remote, and grid-connected.
On the basis of offering, the Europe microgrid market has been segmented into hardware, software, and services.
On the basis of pattern, the Europe microgrid market is segmented into urban, semi-urban, remote island.
On the basis of source, the Europe microgrid market has been segmented into diesel generators, CHP, solar PV, natural gas, others.
On the basis of storage, the Europe microgrid market has been segmented into lithium-ion, lead acid, solar batteries, flywheel, others.
On the basis of grid type, the Europe microgrid market has been segmented into AC microgrid, DC microgrid, hybrid microgrid.
On the basis of capacity, the Europe microgrid market has been segmented into less than 5,000 MW, 5,001 10,000 MW, 10,001 15,000 MW, more than 15,000 MW.
On the basis of control, the Europe microgrid market has been segmented into primary (local control), secondary, tertiary (optimization) control.
On the basis of control, the Europe microgrid market has been segmented into remote location, utility, industrial, campus, military, smart city, data center, hospital, school, others.
Market Players
Some of the major players operating in the microgrid market are:
ABB
Rolls-Royce plc
Schneider Electric
Cummins Inc.
Siemens
Caterpillar
General Electric
Tesla
Black & Veatch Holding Company
Honeywell International Inc.
Eaton
Norvento Enerxa
InnoVentum
Hitachi Energy Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 21
1.1 OBJECTIVES OF THE STUDY 21
1.2 MARKET DEFINITION 21
1.3 OVERVIEW OF EUROPE MICROGRID MARKET 21
1.4 CURRENCY AND PRICING 23
1.5 LIMITATIONS 23
1.6 MARKETS COVERED 23
2 MARKET SEGMENTATION 28
2.1 MARKETS COVERED 28
2.2 GEOGRAPHICAL SCOPE 29
2.3 YEARS CONSIDERED FOR THE STUDY 29
2.4 DBMR TRIPOD DATA VALIDATION MODEL 30
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 33
2.6 DBMR MARKET POSITION GRID 34
2.7 MULTIVARIATE MODELING 36
2.8 CONNECTIVITY TIMELINE CURVE 37
2.9 MARKET CHALLENGE MATRIX 38
2.10 SECONDARY SOURCES 39
2.11 ASSUMPTIONS 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 43
4.1 REGULATORY LANDSCAPE: 44
4.2 PORTER'S FIVE FORCES MODEL 46
4.3 ADOPTION RATES AND HEADWINDS IN TECHNOLOGY 47
4.4 COST ANALYSIS BREAKDOWN OF MICROGRIDS 48
4.5 LIST OF MICROGRIDS PROJECTS 50
4.6 EUROPEAN GRANTS FOR MICROGRID PROJECTS 53
4.7 CASE STUDY 54
4.7.1 PROBLEM STATEMENT & SOLUTION: 54
4.7.2 PROBLEM STATEMENT & SOLUTION: 54
4.8 EXAMPLES OF TYPICAL MICROGRID PROJECTS IN EUROPE 55
4.8.1 PACE PROJECT 55
4.8.2 KYTHNOS MICROGRID PROJECT 56
4.8.3 ISLE OF EIGG MICROGRID PROJECT 56
5 MARKET OVERVIEW 57
5.1 DRIVERS 59
5.1.1 THE SHIFT IN TRENDS TOWARD GAS-BASED POWER GENERATION WILL FUEL THE NATURAL GAS-BASED MICROGRID INDUSTRY 59
5.1.2 INCREASE IN DEMAND FOR UNINTERRUPTED AND RELIABLE POWER SUPPLY FOR VARIOUS APPLICATIONS 59
5.1.3 RISE IN ENERGY- AS- A -SERVICE (EAAS) MODEL TO MINIMIZE COST IN THE ENERGY SECTOR 60
5.2 RESTRAINTS 60
5.2.1 UNCERTAINTY IN-LAWS AND REGULATIONS RELATED TO DISTRIBUTED ENERGY GENERATION 60
5.2.2 INCREASE IN ENERGY PRICES IN EUROPE 61
5.3 OPPORTUNITIES 62
5.3.1 RISE IN ACQUISITIONS & PARTNERSHIPS AMONG VARIOUS ORGANIZATIONS 62
5.3.2 INCREASE IN DEMAND FOR RENEWABLE ENERGY ACROSS THE REGION 63
5.3.3 GOVERNMENT FUNDING IN MICROGRID PROJECTS 63
5.4 CHALLENGES 64
5.4.1 LACK OF OPERATING EXPERIENCE WITH MICROGRID CONFIGURATIONS 64
5.4.2 RESTRICTIONS FROM UTILITY FRANCHISE RIGHTS AND LIMITED RETAIL MARKET ACCESS 64
5.4.3 INCREASE IN CYBER SECURITY CONCERNS AND REGULATORY BARRIERS 64
6 EUROPE MICROGRID MARKET, BY CONNECTIVITY 65
6.1 OVERVIEW 66
6.2 GRID CONNECTED 67
6.3 OFF-GRID/ISLAND/REMOTE 67
7 EUROPE MICROGRID MARKET, BY OFFERING 68
7.1 OVERVIEW 69
7.2 HARDWARE 70
7.2.1 POWER GENERATORS 70
7.2.1.1 PV MODULES 71
7.2.1.2 WIND GENERATORS 71
7.2.1.3 SMALL HYDRO 71
7.2.1.4 FUEL CELLS 71
7.2.1.5 BIOMASS PLANT 71
7.2.1.6 MICROTURBINES 71
7.2.1.7 OTHERS 71
7.2.2 ENERGY STORAGE & DISTRIBUTORS 71
7.2.2.1 BATTERIES 72
7.2.2.2 FLYWHEELS 72
7.2.2.3 ULTRACAPACITORS 72
7.2.3 CONTROLLERS 72
7.2.4 OTHERS 72
7.3 SOFTWARE 72
7.4 SERVICES 72
7.4.1 SUPPORT & MAINTENANCE 73
7.4.2 IMPLEMENTATION 73
7.4.3 TESTING 73
7.4.4 TRAINING 73
8 EUROPE MICROGRID MARKET, BY PATTERN 74
8.1 OVERVIEW 75
8.2 URBAN 76
8.3 REMOTE ISLAND 76
8.4 SEMI-URBAN 76
9 EUROPE MICROGRID MARKET, BY SOURCE 77
9.1 OVERVIEW 78
9.2 DIESEL GENERATORS 79
9.3 CHP 79
9.4 SOLAR PV 79
9.5 NATURAL GAS 80
9.6 OTHERS 80
10 EUROPE MICROGRID MARKET, BY STORAGE 81
10.1 OVERVIEW 82
10.2 LITHIUM-ION 83
10.3 LEAD ACID 83
10.4 FLYWHEEL 83
10.5 FLOW BATTERIES 84
10.6 OTHERS 84
11 EUROPE MICROGRID MARKET, BY GRID TYPE 85
11.1 OVERVIEW 86
11.2 AC MICROGRID 87
11.3 DC MICROGRID 87
11.4 HYBRID MICROGRID 87
12 EUROPE MICROGRID MARKET, BY CAPACITY 88
12.1 OVERVIEW 89
12.2 LESS THAN 5,000 MW 90
12.3 5,001 MW - 10,000 MW 90
12.4 10,001 MW - 15,000 MW 90
12.5 MORE THAN 15,000 MW 91
13 EUROPE MICROGRID MARKET, BY CONTROL 92
13.1 OVERVIEW 93
13.2 PRIMARY (LOCAL CONTROL) 94
13.3 SECONDARY 94
13.3.1 DECENTRALIZED 95
13.3.2 CENTRALIZED 95
13.4 TERTIARY (OPTIMIZATION) CONTROL 95
14 EUROPE MICROGRID MARKET, BY APPLICATION 96
14.1 OVERVIEW 97
14.2 REMOTE LOCATION 98
14.2.1 HARDWARE 98
14.2.2 SOFTWARE 99
14.2.3 SERVICES 99
14.3 UTILITY 99
14.3.1 HARDWARE 99
14.3.2 SOFTWARE 99
14.3.3 SERVICES 99
14.4 INDUSTRIAL 99
14.4.1 HARDWARE 100
14.4.2 SOFTWARE 100
14.4.3 SERVICES 100
14.5 CAMPUS 100
14.5.1 HARDWARE 101
14.5.2 SOFTWARE 101
14.5.3 SERVICES 101
14.6 MILITARY 101
14.6.1 HARDWARE 102
14.6.2 SOFTWARE 102
14.6.3 SERVICES 102
14.7 SMART CITY 102
14.7.1 HARDWARE 102
14.7.2 SOFTWARE 102
14.7.3 SERVICES 102
14.8 DATA CENTER 103
14.8.1 HARDWARE 103
14.8.2 SOFTWARE 103
14.8.3 SERVICES 103
14.9 HOSPITAL 103
14.9.1 HARDWARE 104
14.9.2 SOFTWARE 104
14.9.3 SERVICES 104
14.10 SCHOOL 104
14.10.1 HARDWARE 105
14.10.2 SOFTWARE 105
14.10.3 SERVICES 105
14.11 OTHERS 105
15 EUROPE 106
15.1 GERMANY 112
15.2 U.K. 118
15.3 FRANCE 124
15.4 SPAIN 130
15.5 ITALY 136
15.6 RUSSIA 142
15.7 NETHERLANDS 148
15.8 SWITZERLAND 154
15.9 BELGIUM 160
15.10 TURKEY 166
15.11 REST OF EUROPE 172
16 EUROPE MICROGRID MARKET, COMPANY LANDSCAPE 173
16.1 COMPANY SHARE ANALYSIS: EUROPE 173
17 SWOT ANALYSIS 174
18 COMPANY PROFILE 175
18.1 ABB 175
18.1.1 COMPANY SNAPSHOT 175
18.1.2 REVENUE ANALYSIS 175
18.1.3 SERVICE PORTFOLIO 176
18.1.4 RECENT DEVELOPMENT 176
18.2 ROLLS-ROYCE PLC 177
18.2.1 COMPANY SNAPSHOT 177
18.2.2 REVENUE ANALYSIS 177
18.2.3 PRODUCT PORTFOLIO 178
18.2.4 RECENT DEVELOPMENT 178
18.3 SCHINDER ELECTRIC 179
18.3.1 COMPANY SNAPSHOT 179
18.3.2 REVENUE ANALYSIS 179
18.3.3 PRODUCT PORTFOLIO 180
18.3.4 RECENT DEVELOPMENTS 180
18.4 CUMMINS INC. 182
18.4.1 COMPANY SNAPSHOT 182
18.4.2 REVENUE ANALYSIS 182
18.4.3 PRODUCT PORTFOLIO 183
18.4.4 RECENT DEVELOPMENT 183
18.5 SIEMENS 184
18.5.1 COMPANY SNPASHOT 184
18.5.2 REVENUE ANALYSIS 184
18.5.3 PRODUCT PORTFOLIO 185
18.5.4 RECENT DEVELOPMENTS 185
18.6 BLACK & VEATCH HOLDING COMPANY 186
18.6.1 COMPANY SNAPSHOT 186
18.6.2 SERVICE PORTFOLIO 186
18.6.3 RECENT DEVELOPMENT 186
18.7 CATERPILLAR 187
18.7.1 COMPANY SNAPSHOT 187
18.7.2 REVENUE ANALYSIS 187
18.7.3 SERVICE PORTFOLIO 188
18.7.4 RECENT DEVELOPMENT 188
18.8 EATON 189
18.8.1 COMPANY SNAPSHOT 189
18.8.2 REVENUE ANALYSIS 189
18.8.3 PRODUCT PORTFOLIO 190
18.8.4 RECENT DEVELOPMENTS 190
18.9 GENERAL ELECTRIC 192
18.9.1 COMPANY SNAPSHOT 192
18.9.2 REVENUE ANALYSIS 192
18.9.3 PRODUCT PORTFOLIO 193
18.9.4 RECENT DEVELOPMENTS 193
18.10 HITACHI ENERGY LTD 194
18.10.1 COMPANY SNAPSHOT 194
18.10.2 REVENUE ANALYSIS 194
18.10.3 SOLUTION PORTFOLIO 195
18.10.4 RECENT DEVELOPMENT 195
18.11 HONEYWELL INTERNATIONAL INC. 196
18.11.1 COMPANY SNAPSHOT 196
18.11.2 REVENUE ANALYSIS 196
18.11.3 PRODUCT PORTFOLIO 197
18.11.4 RECENT DEVELOPMENT 197
18.12 INNOVENTUM 198
18.12.1 COMPANY SNAPSHOT 198
18.12.2 PRODUCT PORTFOLIO 198
18.12.3 RECENT DEVELOPMENT 198
18.13 NORVENTO ENERXA 199
18.13.1 COMPANY SNAPSHOT 199
18.13.2 PRODUCT PORTFOLIO 199
18.13.3 RECENT DEVELOPMENT 199
18.14 TESLA 200
18.14.1 COMPANY SNAPSHOT 200
18.14.2 REVENUE ANALYSIS 200
18.14.3 PRODUCT PORTFOLIO 201
18.14.4 RECENT DEVELOPMENTS 201
19 QUESTIONNAIRE 202
20 RELATED REPORTS 207
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