Navigant research report shows global electrical energy efficiency spending expected to reach nearly $ 60 billion by 2028


BOULDER, Colorado – (COMMERCIAL THREAD) – A new report from Navigant Research examines the utility and government energy efficiency market, providing global market forecasts for programmatic spend and annual capacity by region and customer segment through 2028.

Where traditional energy efficiency programs focused on replacing lighting systems and devices, machine learning, artificial intelligence and advanced measurement infrastructure (AMI) improve analytics associated with energy savings and allow for more targeted strategic implementation of programs. This approach allows energy efficiency benefits to shift from global load shaping to targeted lightening of transmission and distribution (T&D) infrastructure at critical points in a utility’s energy grid. Click to Tweet: According to a new report from @NavigantRSRCH, global spending on electrical energy efficiency by governments and utilities is expected to rise from nearly $ 30 billion in 2019 to nearly $ 60 billion by 2028.

“While the factors driving the growth of energy efficiency programs vary due to geography, utility market design and regulatory landscapes, there is still significant room for growth across the board. global, ”says Jessie Mehrhoff, research analyst at Navigant Research. “The programs continue to expand and reach new utility customers in Asia-Pacific, Latin America, the Middle East and Africa, and although program expansion is less focused in North America and in Europe, utilities are trying to design new programs and achieve greater savings. in existing programs.

According to the report, in some regions, new data feeds identify technologies that could benefit from participating in energy efficiency programs, while new technologies allow more targeted advertising of energy efficiency programs to more customers. willing and able to participate. In other regions, data flows find localization value on the network to promote energy efficiency as a more popular approach to load balancing.

The report, Market data: Global spending on energy efficiency, examines the global energy efficiency market. The study provides an analysis of market issues, including the drivers and barriers associated with the global development of energy efficiency. Regional overviews of key energy efficiency developments are included. Global market forecasts for programmatic spend and annual capacity are provided by region and customer segment to 2028. A summary of the report is available for free download from the Navigant Research website.

About Navigant Research

Navigant Research, Guidehouse’s dedicated research arm, 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 on global clean technology markets. The team’s research methodology combines supply-side industry analysis, primary end-user research and demand assessment, as well as an in-depth examination of technology trends to provide a comprehensive view of clean, smart, mobile and distributed energy. Additional information on Navigant Research is available at www.navigantresearch.com.

About Guidehouse

Guidehouse is one of the world’s leading providers of public and commercial procurement advisory services with broad capabilities in risk management, technology and consulting. We help our clients tackle their toughest challenges with a focus on markets and clients facing transformational change, technological innovation and significant regulatory pressure. Through a range of consultancy, consultancy, outsourcing and technology / analysis services, we help our clients create scalable and innovative solutions that prepare them for future growth and success. Based in Washington DC, the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues that drive national and global economies. For more information, please visit: www.guidehouse.com.

* The information contained in this press release concerning the report, Market data: Global spending on energy efficiency, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market forecasts and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or report. Please refer to the full report for a full understanding of the assumptions underlying the report findings and the methodologies used to create the report. Neither Navigant Research nor Guidehouse makes any commitment to update the information contained in this press release or the report.



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