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Green Charge Networks, Stem, and Sunverge Rank as Leading Integrators of Distributed-Scale Energy Storage Systems in Navigant Research Assessment

Green Charge Networks, Stem, and Sunverge Rank as Leading Integrators of Distributed-Scale Energy Storage Systems in Navigant Research Assessment

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Grid benefits from distributed-scale energy storage systems are driving the development of software platforms that can serve as virtual power plants, report finds. A new Leaderboard Report from Navigant Research examines the strategy and execution of 14 leading integrators of distributed-scale energy storage systems (ESSs).
To date, distributed-scale ESSs have focused on providing storage benefits to residential or commercial and industrial (C&I) host facilities, including resilient backup power and energy demand charge savings. However, stakeholders in the stationary energy storage market also recognize that these ESS installations can deliver grid benefits to regional transmission organizations and independent system operators, as well as local distribution system utilities. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, in terms of strategy and execution, Green Charge Networks, Stem, and Sunverge are the leading integrators of distributed-scale ESSs.

“Leaders in the distributed-scale ESS sector have built on innovative software platform capabilities to focus on playing multiple roles across the delivery value chain,” says William Tokash, senior research analyst with Navigant Research. “As a result, they can drive down costs, enable financing innovation, and establish customer access advantages relative to their peers.”

Grid benefits from distributed-scale ESSs are driving the development of software platforms that can integrate distributed generation and building controls along with storage to reduce demand charge. These software platforms can also serve as virtual power plants (VPPs) capable of analyzing, controlling, and optimizing a portfolio of these ESSs. As power market rules mature, according to the report, these types of VPPs are expected to emerge as a necessary integration solution for distributed energy resources.

The report, Navigant Research Leaderboard Report: Distributed-Scale Energy Storage Systems Integrators, examines the strategy and execution of 14 leading distributed-scale ESS integrators focused specifically on the utility-scale market. These companies are rated on 10 criteria: vision; go-to-market strategy; partnerships; technology; geographic reach; sales, marketing, and distribution; product performance; product portfolio; pricing; and staying power. Using Navigant Research’s proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global market for distributed-scale ESS integrators. 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, Navigant Research Leaderboard Report: Distributed-Scale Energy Storage Systems Integrators, 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.

 

Anand Gupta Editor - EQ Int'l Media Network

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