Annual spending on microgrid is on the rise and reaching new heights

Nov 9, 2017 10:02:14 AM by NuEnergen

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The United States military, the top user of petroleum in the world, is joining the visionary effort to reduce its fossil fuel dependence by increasing its microgrid spending over the next 10 years.

 

According to the new report from Navigant Research, “annual microgrid deployment is expected to reach $453 million this year, increasing to $1.4 billion by 2026”.

Stationary bases, forward operating bases (FOBs), and tactical mobile systems are a few of the most feasible and immediate opportunities for the military to deploy microgrids. The Department of Defense (DOD) began procuring renewables and implementing efficiency programs in 2003 across it's portfolio of 523 installations and 280,000 buildings. The DOD’s commitment continues to press on, and by implementing the use of microgrids, the DOD will save the defense agency between $8 billion and $20 billion over the next 20 years.

 

“The DOD has played a remarkably consistent role in commercializing new technologies that provide tremendous social benefits within the larger civilian realm of society, including microgrids,” Peter Asmus, principal research analyst at Navigant Research, said in a statement. “Perhaps the biggest impact the DOD could have on future microgrid growth globally is in the developing world.”

 

NuEnergen proudly serves the U.S. General Services Administration, the U.S. Navy and the U.S. Army with Demand Response and Invoice Auditing needs, helping them create revenue streams, save energy costs and reduce carbon emissions.

 

To read more about the report, please click here

 

To learn how your organization can participate and benefit from Demand Response Program participation, please contact us at 866.977.0901 or by e-mail: info@nuenergen.com