http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20120613:nBw135316a BOULDER, Colo.--(Business Wire)--Demand for energy in the developing world, including Asia, Africa, the MiddleEast, and Latin America, is expected to grow in tandem with projected increasesin human population and rising living standards among the chronicallypoor.Demand for energy, especially electricity, is growing much more rapidly inthese nascent economies than the rate of expansion of conventional electricitygrids in the major industrialized world.A recent report from Pike Research findsthat remote microgrids are ideally suited to help meet this surging appetite formore power, without increasing carbon emissions.The global remote microgrid market will expand from 349 megawatts (MW) ofgeneration capacity in 2011 to over 1.1 gigawatts (GW) by 2017, the cleantechmarket intelligence firm forecasts, translating into total projected revenue forthe sector of more than $10.2 billion by 2017."A widening recognition of the contribution renewable energy makes to ruraldevelopment, lower health costs (linked to air pollution), energy independence,and climate change mitigation is shifting renewable energy from the fringe tothe mainstream of sustainable economics," says senior analyst PeterAsmus."Remote microgrids can serve as the anchors of new, appropriate scaleinfrastructure, a shift to smarter ways to deliver humanitarian services to thepoor."While remote microgrids actually represent the most commercially advanced of themicrogrid sectors, they are still flying under the radar for many investors andvendors.That is changing as large companies active in a broad range of microgridmarkets eye this sector, among them firms such as General Electric.The purchaseof Powercorp of Darwin, Australia by Swiss transmission and distribution giantABB is a clear sign that larger, well-capitalized companies are beginning torecognize this sleeping giant of a microgrid market.Pike Research`s report, "Remote Microgrids", analyzes the global marketopportunity for remote microgrids in several key segments including villagepower systems, weak grid island systems, industrial remote mine systems, andmobile military microgrids.The study examines the market issues and demanddrivers associated with adoption of microgrids for remote applications, assessestechnology and implementation issues, and profiles the key industry players thatare engaged in this fast-growing market.Market forecasts, segmented byapplication and world region, are provided for generation capacity and revenuegrowth through 2017.An Executive Summary of the report is available for freedownload on the firm`s website.Pike Research is a market research and consulting firm that provides in-depthanalysis of global clean technology markets.The company`s research methodologycombines supply-side industry analysis, end-user primary research and demandassessment, and deep examination of technology trends to provide a comprehensiveview of the Smart Energy, Smart Grid, Smart Transportation, Smart Industry, andSmart Buildings sectors.For more information, visitwww.pikeresearch.com or call+1-303-997-7609. Pike ResearchRichard Martin, +1-303-997-7609press@pikeresearch.comCopyright Business Wire 2012
Remote Microgrids Will Help Meet Soaring Energy Demand in the Developing World, According to Pike Research
June 13, 2012




















