Navigant Research Report Finds Global Annual Revenue for Distributed Power Generation in Data Centers Is Expected to Reach $6.7 Billion in 2027
Evaluating distributed generation along with demand response and
grid interactivity offers data centers rapid return on investment
globally
BOULDER, Colo.–(BUSINESS WIRE)–#DataCenters–A new report from Navigant
Research examines the global market for distributed power generation
technologies for data centers, providing market forecasts segmented by
region, technology, and application, through 2027.
Data centers are critical to a functional global digital economy and
society. Investment in cloud storage, colocation, and hyperscale data
centers has resulted in the construction of a large volume of new data
centers globally, thus increasing energy consumption. Meanwhile,
environment consciousness and edge computing have led to a shift toward
more sustainable, off-grid installations closer to the point of use. Click
to tweet: According to a new report from @NavigantRSRCH,
global annual revenue for distributed power generation in data centers
is expected to grow from $3.9 billion in 2018 to $6.7 billion in 2027.
“Increasing investments in big data, digital content, and e-commerce
will continue to drive explosive growth in power demand for data center
markets,” says Pritil Gunjan, senior research analyst with Navigant
Research. “Therefore, it is critical to understand the reliability and
sustainability of power supplied to these facilities.”
The perceived benefits of distributed and renewable resources (like wind
and solar PV) for both primary and critical power supply are gaining
attention among data center operators. There is a compelling case for
data centers to evaluate distributed generation along with demand
response (DR) and grid interactivity. This strategy is likely to gain
market acceptance in the next 3-5 years and offer rapid ROI across the
globe.
The report Sustainable
and Renewable Power Generation for Global Data Centers evaluates
various reliable power generation models for data centers, with a focus
on distributed power generation technologies including distributed
energy resources (DER) such as gensets, solar, wind, microturbines, and
fuel cells. The study explores the market issues, including drivers,
barriers, and trends. Global market forecasts for distributed power
generation technologies for data centers, segmented by region,
technology, and application, extend through 2027. The report also
examines the key sustainable power generation models and provides case
studies for grid-connected and distributed power generation for data
centers. 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, Sustainable and Renewable Power Generation for Global Data
Centers, 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
Navigant Research
Lindsay Funicello-Paul
+1.781.270.8456
lindsay.funicello.paul@navigant.com
