Global Hybrid Energy Systems - Convergence of Renewable and Conventional Power

  • ID: 3847252
  • Report
  • Region: Global
  • 52 Pages
  • Frost & Sullivan
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Bridging the Intermittency Gap across Regions with Low Electrification will Accelerate Growth Potential
This study analyses the global market for hybrid energy systems. Installed capacity and revenue forecasts, drivers and restraints, global hotspots, case studies, and market trends are evaluated in detail to give a clear vision of the growth path for this market. The climate change debate has brought into focus the challenges of using fossil fuel as the primary fuel for power generation.

Declining costs for renewable energy support grid parity and lead to increased uptake of decentralised power. Energy system flexibility, supportive policies, and smart energy initiatives will be game changers in this industry. Hybrid renewable energy systems are an attractive option to overcome challenges posed by the intermittency of renewable energy.
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1. Executive Summary
  • CEO’s Perspective for the Hybrid Renewable Energy Systems (HRES) Market
  • 3 Big Predictions
  • Key Findings
  • Summary of Major Trends
  • Current Questions in the Market
  • Associated Research and Multimedia
2. Hybrid Renewable Energy Systems
  • Renewable Technology Investments Lead to Hybrid Energy System Opportunities
  • Hybrid Renewable Energy Systems Refers to Power Using Two or More Sources, where at Least One of them is Renewable
  • Hybrid Renewable Energy Systems are Poised to Bring in Disruptive Business Models to Traditional Renewables
  • Emerging Markets with Low Grid Connectivity Hold Massive Potential for HRES
  • An Integrated Value Chain Lies at the Core of a Hybrid Renewable Energy System
  • Pricing Analysis
  • Battery Storage Systems are Critical for the Successful Implementation of Hybrid Renewable Energy Systems
  • Remote Industrial Power Applications Drive Potential for Hybrid Renewable Energy Systems
3. Drivers and Restraints
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained
4. Market Forecasts
  • Global HRES Cumulative Installed Capacity Forecast
  • Global HRES Annual Added Capacity Forecast
  • Global HRES Revenue Forecast
  • Revenue Forecast by End User
  • Revenue Forecast by End User Discussion
5. Global Hotspots
  • The Emerging Markets Hold Attractive Growth Potential for HRES
  • Asia-Pacific, Led by Key Countries such as China and India, will Experience the Fastest HRES Growth
  • Global Revenue for Distributed PV will Reach $1 Billion in 2025
  • Revenue Forecast by Region Discussion
6. Case Studies
  • Case Study (North America)—Solana Generating Station in Arizona, US
  • Case Study (Europe)—Fraunhofer ISE Research Institute and KACO New Energy Project in Germany
  • Case Study (Asia)—Rokkasho-Futamata Wind Farm in Aomori, Japan
  • Case Study (Asia)—Zhangbei National Wind and PV Energy Storage Transmission Project in China
7. Conclusions
  • Regulatory Actions and Energy Storage Investments are Crucial for Market Growth
  • Legal Disclaimer
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