Navigant Research Report Provides 5 Principles to Guide Microgrid Policy Support Globally

Lessons learned from US programs carry repercussions for the
global microgrid market

BOULDER, Colo.–(BUSINESS WIRE)–A new report from Navigant
Research
examines microgrid programs in specific US states,
providing recommendations for stakeholders globally and strategies for
long-term success with or without direct government support.

The US is the world’s most active market in terms of government support
for microgrids interconnected to traditional grid infrastructure. This
support includes fragmented collections of regulations, standards, and
public policies, as well as new laws and specific programs enacted after
extreme weather events. Click
to tweet
: According to a new report from @NavigantRSRCH,
five principles based on lessons learned in the US can help guide
microgrid policy support around the world.

“Shifting from grants to market-based incentives, targeting funds toward
new clean and smart technologies, choosing projects that foster new
financing business models, creating metrics that capture the value of
resiliency, and allowing for flexibility and midcourse corrections can
help guide microgrid policy globally,” says Peter Asmus, research
director with Navigant Research. “These recommendations have been molded
by the experience and performance to date of the US government and are
adaptable to the unique factors in different regions and market
segments.”

Since government support for microgrids tends to be steered toward
applications that need financial support to be viable and that serve the
public interest—rather than the private interests of commercial and
industrial entities, for example—these recommendations remain focused on
projects with similar needs and goals.

The report, Designing
the Ideal Microgrid Program to Accelerate Global Deployment
,
details the history, status, and success of specific US state programs
in the hopes that policymakers can learn from what has worked—and what
has not. The states (and territory) covered include: California,
Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New York, and
Puerto Rico. The report outlines a flexible and nimble strategy for the
long-term success of microgrids through a diminished reliance upon
direct government support. It also provides five recommendations for
future microgrid government support as well as advice for key market
participants such as private sector vendors, utilities, and government
regulators. An Executive Summary of the report is available for free
download on the Navigant
Research website
.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides
market research and benchmarking services for rapidly changing and often
highly regulated industries. In the energy sector, Navigant Research
focuses on in-depth analysis and reporting about global clean technology
markets. The team’s research methodology combines supply-side industry
analysis, end-user primary research and demand assessment, and deep
examination of technology trends to provide a comprehensive view of the
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report,
Designing the Ideal Microgrid Program to Accelerate Global
Deployment, 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.

Contacts

Lindsay Funicello-Paul
+1.781.270.8456
lindsay.funicello.paul@navigant.com

Laurel McBride real estate agent with Century 21 N and N Realtors with homes for sale in Logan Utah