Demand Response (DR): Market Research Report

December 2015 | 302 pages | ID: D748EE8CFF7EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Demand Response (DR) in US$ Thousand. The Global market is further analyzed by the following Sectors: Residential, and Industrial & Commercial. The report provides separate comprehensive analytics for the US, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2014 through 2020. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 88 companies including many key and niche players such as -

• Accenture plc
• Aclara Technologies LLC
• Comverge Inc.
• Computer Sciences Corp.
• CPower Corp.

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definition and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Demand Response: An Economic, Eco-Friendly and Efficient Resource for Utilities for Surviving Energy Demand Disruptions
Growth Drivers in a Nutshell
Surging Demand from Electric Utilities Worldwide: Foundation for Market Growth
Myriad Economic and Operational Benefits Drive DR Deployments
Global Market Outlook
The United States Dominates the Global Demand Response Market
Favorable Policy Changes and Expanding Renewables Portfolio Drives Growth in Europe
Asia-Pacific to Showcase the Fastest Growth Worldwide
Pockets of Growth Emerging in the Latin America, Middle East, and Africa

2. MARKET TRENDS, ISSUES & DRIVERS

Ever Changing Electricity Demand Dynamics: A Strong Growth Driver for Energy Demand Response
Key Energy Trends

Table 1. Projected Global Demand for Primary Energy (Mtoe) and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035 (includes corresponding Graph/Chart)

Table 2. World Electric Power Generation (in Billion KWh): 2004 & 2015 (includes corresponding Graph/Chart)

Table 3. Estimated Global Power Generation Infrastructure Requirement (in US$ Billion) for China, India, Latin America, and North America over the Period 2010-2030 (includes corresponding Graph/Chart)

Utility and Grid Operator Leverage DR Resources for Stabilising Electricity Supply
DR Reduces Investment into New Power Generation and Grid Infrastructure
DR Provides Opportunities for Differentiation in Service Offerings
DR Ropes in Consumers into the Power Price Formation Process
Surging Demand for Automated Demand Response (ADR) Technologies: Spearheading Growth

Table 4. Worldwide Recent Past, Current & Future Analysis for Automated Demand Response (ADR) by Geographic Region - US, Japan, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 5. World 5-Year Perspective for Automated Demand Response (ADR) by Geographic Region - Percentage Share Breakdown of Revenues for US, Japan, Europe, Asia-Pacific, and Rest of World Markets for Years 2015 and 2020 (includes corresponding Graph/Chart)

DR Innovations & Advancements: Catapulting from the Present Niche into a Mainstream Market
Smart Thermostats and BYOT DR Programs Boost Residential Consumer Participation
Behind-the-Meter Batteries to Find Application in Demand Response
Cloud Computing and Big Data Analytics: Key Game Changers for the DR Market
OPower’s Device Agnostic Cloud Based Behavioral Demand Response (BDR) Service for Residential Customers
Attractive Incentives for Electricity-usage Curtailments Drive Strong Penetration in Industrial, Commercial, and Residential Sectors
Commercial Buildings Offer Huge Untapped Market Potential for Demand Response

Table 6. Worldwide Energy Efficiency Solutions Market by End-Use Sector (2015E): Percentage Breakdown of Value Sales for Buildings, Industry, Transport, and Others (includes corresponding Graph/Chart)

Residential Sector to Exhibit Fastest Growth in the Near Term
Stringent Government Carbon and Climate-Change Policies and Laws Benefit Market Expansion
The Inevitable Shift to Intermittent Renewable Sources of Energy Drives Demand for DR Technologies
Key Opportunity Indicators

Table 7. Global Investments (US$ Billion) in Renewable Energy by Source: 2013 (includes corresponding Graph/Chart)

Table 8. Global Electricity Generation Capacity by Source (2013): Percentage Share Breakdown for Renewable Sources (Hydro, Wind, Bio-Power, and Solar PV) and Non-Renewable Sources (includes corresponding Graph/Chart)

Table 9. Global CO2 Emissions by Fuel Type (2013): Percentage Breakdown of Volume Emissions for Coal & Peat, Oil, Natural Gas, and Others (includes corresponding Graph/Chart)

Table 10. Global PV Installations by Applications (2016E): Percentage Share Breakdown of Capacity Installations for Commercial, Off-Grid, Residential, and Utility-Scale (includes corresponding Graph/Chart)

Table 11. International Targets for Solar Photovoltaics for Select Countries

Table 12. World Installed Base of Wind Energy (in Megawatts) by Geographic Region: 2013, 2015E & 2017F (includes corresponding Graph/Chart)

Smart Grids Revolutionizes Electric Power Generation, Transmission & Distribution, Bodes Well for the DR Market
Smart Grid Landscape: List of Components & Systems for Power T&D Infrastructure,Communication Network, and Computing Platform

Table 13. Global Smart Grid Market by Country (2014): Percentage Share Breakdown of Investments for China, US, and Others (includes corresponding Graph/Chart)

Increasing Establishment of Microgrids to Spur Demand for DR Technologies
Integration of Internet of Things (IoT) with Demand Response: The Next Big Thing in Connected Utilities
Upcoming Smart Cities to Fuel Large-Scale Adoption of DR Enabling Technologies
Multiple Benefits Drive Increasing Participation of Load Aggregators in the DR Market
Load Aggregators Enable Effective Matching of Customer Requirements and Utility Capability
Reduce Performance Risk
Customer Education and Training
Development of Open Standards Critical for Boosting DR Adoption
Favorable Demographic & Urbanization Trends Strengthen Market Prospects

Table 14. Global Population Estimates (2000-2050) (includes corresponding Graph/Chart)

Table 15. Population Statistics for Select Countries: 2007, 2010 & 2013E (in Million) (includes corresponding Graph/Chart)

Table 16. Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart)

Table 17. Estimated Percentage of Urbanization in World, China and India for the Years 2011 and 2018 (includes corresponding Graph/Chart)

3. DEMAND RESPONSE OVERVIEW

Demand Response
Primary Objectives of Demand Response
DR Measures Differs from Energy Efficiency and Dynamic Demand Activities
Approaches to Implement Demand Response Programs
Classification of Demand Response Programs
Energy and Capacity Programs
Direct Load Control
Interruptible Loads
Demand ‘Bidding’ or ‘Buy-back’
Emergency/Standby Demand Response Program
Economic DR Programs or Price-based DR Programs
Types of Price-based Demand Response Programs
Ancillary Services Programs
Types of Ancillary Services
Key Components/Technologies Enabling Demand Response
Metering Solutions
Load Control Hardware
Dispatching Notices and Monitoring Compliance
Smart Meters and AMI

4. PRODUCT INTRODUCTIONS

ThinkEco Partners Frigidaire to Develop DR Ready Air Conditioners
EnerNOC Tests Tesla’s Batteries for DR Applications
Siemens Develops Solution Integrating Building Energy Controls and Demand Response
Schneider Electric’s Releases Updated Cloud-based Energy Profiler Online
Electric Power Research Institute Releases EPRI ADR Demand Response Software
Landis+Gyr Releases Power Center 4. 0 Software
Silver Spring Networks Introduces Smart Grid-Enabled Mobile Thermostat App, Demand Optimizer Application
Comverge Releases New Suite of IntelliSOURCE Applications
EnerNOC Introduces DemandSMART Predictor
Eaton’s Cooper Power Systems Unveils FieldScout App for Supporting DR Services

5. RECENT INDUSTRY ACTIVITY

Honeywell, Tata Power Delhi Distribution Implement ADR Project for Indian Commercial and Industrial Facilities
Alstom Releases Latest DRMS to NV Energy
RES Selected as Participant for DR Pilot Program in Ontario
Hydro Ottawa Selects Opower for Deploying Behavioral Demand Response Solution
The Glasgow Electric Plant Board installs Sunverge Energy's Smart Energy Storage Devices for DR Program
Con Edison Deploys energyOrbit Solution for Demand Management Programs
Innovari Inks MoU with Reliance Energy for Promoting Automated Demand Side Management
Opower Deploys Upgraded DSM Program for Commonwealth Edison
NRG Energy, Ice Energy Partner to Reduce Peak Demand With Energy Storage Solutions
METI Selects Comverge for Implementing DR Program for Tokyo Gas Engineering Solutions
Central Hudson Gas & Electric Implements Comverge’s Integrated DR Solution for Demand Management Program
Comverge and Apogee Interactive Partner to Offer DR with Analytics
Comverge Extends Partnership with Entergy Arkansas for DR Program
EnerNOC Takes Over Entelios AG
EnerNOC Acquires Activation Energy
Fort Collins Utilities Selects Comverge for Residential DR Program
EnerNOC Extends Demand Manager Contract with Genesis Energy
Eaton’s Cooper Power Systems Delivered two-way DR Equipment and Software to PacifiCorp
EnerNOC Forms JV with Marubeni Corporation for Promoting DR in Japan
EnerNOC Inks 10-year Contract with PacifiCorp for Electricity Reduction
EnerNOC Inks Contract with Southern California Edison to Expands DR Portfolio in Southern California
EnerNOC Expands DR Presence in Northern California
EnerNOC Inks Agreement with ERM Power for Promoting DSM Products
Denver Public Schools Deploy EnerNOC’s DemandSMART and EfficiencySMART

6. FOCUS ON SELECT PLAYERS

Accenture plc (Ireland)
Aclara Technologies LLC (USA)
Comverge Inc. (USA)
Computer Sciences Corp. (USA)
CPower Corp. (USA)
Eaton Corporation (USA)
Cooper Power Systems, LLC (USA)
EnerNOC, Inc. (USA)
Honeywell International, Inc. (USA)
Johnson Controls, Inc. (USA)
Landis+Gyr (Switzerland)
NRG Energy, Inc. (USA)
Opower (USA)
Schneider Electric SA (France)
Siemens AG. (Germany)
Silver Spring Networks (USA)
Tantalus Systems Inc. (Canada)
Trilliant Holdings, Inc. (USA)

7. GLOBAL MARKET PERSPECTIVE

Table 18. World Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies by Geographic Region - US, Europe, Asia-Pacific, and Rest of World Markets Independently Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 19. World 5-Year Perspective for Demand Response (DR) Enabling Technologies by Geographic Region - Percentage Share Breakdown of Annual Spending for US, Europe, Asia-Pacific, and Rest of World Markets for Years 2015 and 2020 (includes corresponding Graph/Chart)

Table 20. World Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies by Sector - Residential, and Industrial & Commercial Markets Independently Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

Table 21. World 5-Year Perspective for Demand Response (DR) Enabling Technologies by Sector - Percentage Share Breakdown of Annual Spending for Residential, and Industrial & Commercial Markets for Years 2015 and 2020 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Current and Future Scenario
US DR Market Makes Major Strides Driven by Favorable Policy Development
DR Gains Traction among All Stakeholders in the Electric Power Sector
Power Manager
PowerShift Atlantic Research Project
NV Energy’s mPowered Project
Oklahoma Gas & Electric’s SmartHours
Sacramento Municipal Utility District’s Program
Major ISOs and RTOs Providing Demand Response (DR) Resources in the US
California Independent System Operator (CAISO)
New York Independent System Operator (NYISO)
Electric Reliability Council of Texas (ERCOT)
PJM Interconnection LLC (PJM): The Leading Provider of DR Resources
Increasing Focus on Renewables and Natural Disasters: A Strong Business Case for DR
Noteworthy Utility and Industrial DR Deployment Initiatives for Balancing Intermittent Renewables
DR Market to Significantly Benefit from Grid Modernization Initiatives
Demand Response: A Major Component of the Future Energy Cloud in the US
FERC Order 745 and Supreme Court Rulings: Market Implications
Future Prospects of the DR Market in View of the Ruling on FERC Order
DR Ecosystem Continues to Expand
Major DR Aggregators in the US
Major Utilities Offering DR Resources in the US
Product Introductions
Strategic Corporate Developments
Select Key Players
B. Market Analytics

Table 22. US Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies Market Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

2. EUROPE

A. Market Analysis
Current and Future Analysis
Growing Prominence of Sustainability and Renewables Drives Demand for DR
Opportunities Galore for DR Providers in Capacity Markets and Primary Reserves Markets
Industrial, Commercial, and Residential Consumers Offer Huge Untapped Growth Potential
Smart Metering and Home Automation: Important Enablers of DR
Key Regulatory Roadblocks to Implementation of Demand Response in Europe
DR Aggregators to Play a Critical Role in the European Market
Demand Response Aggregators in Europe Focus Mostly on Industrial Customers
Favorable Demand Scenario Provides Expansion Opportunities for Vendors
Regulatory Framework for Demand Response in the European Union
2009/72/EC – THE ELECTRICITY DIRECTIVE
2012/27/EU – THE ENERGY EFFICIENCY DIRECTIVE
ENTSO-E Network Codes
Energy and Environment Guidelines at the State Level in European Union
Select Regional DR Markets
Austria
Belgium
Denmark
Finland
France
Ireland
Italy
Germany
Norway
Poland
Spain
Sweden
Switzerland
The Netherlands
The United Kingdom
UK’s STOR Programs Losing Appeal
Turkey
Product Introductions
Strategic Corporate Developments
Select Key Players
B. Market Analytics

Table 23. European Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies Market Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

3. ASIA-PACIFIC

A. Market Analysis
Current and Future Analysis
Regional Market Trends & Drivers
Limited Generation Drives Japan to Focus on Demand Side Management
Chinese Government Eyes Demand Side Management as Part of Power Sector Reforms
Demand Response to Witness Widespread Adoption in Australian Wholesale Market
Major Challenges Impeding Adoption of Demand Response in India
Strategic Corporate Developments
B. Market Analytics

Table 24. Asia-Pacific Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies Market Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

4. REST OF WORLD

A. Market Analysis
Current and Future Analysis
Overview of Select Markets
Strong Potential for Demand Response in Canada
Rising Investment into Power Sector to Drive DR Market in Latin America
Industrialization and Government Initiatives to Fuel DR Demand in Middle East & Africa
Strategic Corporate Developments
Tantalus Systems Inc. (Canada) - A Key Player
B. Market Analytics

Table 25. Rest of World Recent Past, Current and Future Analysis for Demand Response (DR) Enabling Technologies Market Analyzed with Annual Spending in US$ Thousand for Years 2014 through 2020 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 88 (including Divisions/Subsidiaries - 96)
The United States (70)
Canada (3)
Japan (2)
Europe (16)
  France (4)
  Germany (2)
  The United Kingdom (3)
  Rest of Europe (7)
Asia-Pacific (Excluding Japan) (4)
Middle East (1)