Close this search box.


Stay up-to-date on the latest information. SUBSCRIBE FOR UPDATES


Make valuable connections and source new business partners by exhibiting. BECOME AN EXHIBITOR

Stay Informed

Stay Up-to-Date with #IESNA.


DER Revenues to Surpass $321 Billion by 2033 

Annual revenues for global distributed energy resources (DER) for the C&I market are expected to grow from $146.4 billion in 2024 to $321.2 billion by 2033, estimated at a compound annual growth rate (CAGR) of 9.1%, according to a new report from Guidehouse Insights. 

The report, Distributed Energy Resources in Commercial and Industrial Buildings, examines the global market for DERs including solar PV, generator sets, distributed energy storage systems and EV charging systems. Analysis shows growth is being led in part by large spending packages focused on the manufacture and deployment of DER technologies passed by many nations in response to the threat of climate change.  

“With mounting internal and external pressure to decarbonize, as well as an increasingly positive average ROI, DER in the C&I space are expected to see considerable growth over the next decade,” says Grant Samms, research analyst with Guidehouse Insights, in a statement. “As operators of commercial and industrial sites continue to invest in the benefits of DER resilience and sustainability, the latest wave of government funding will strengthen the case for their adoption of DER.” 

In addition to growing government support, organizations are implementing DERs to meet internal climate goals, lower energy costs, and participate in grid services including load management. Barriers to deployment include capacity needs higher than DERs can meet, fire safety issues and lower awareness of DER applicability.   

Learn more here. 

You may also like...

© Diversified Communications. All rights reserved.