Global Hybrid Energy Systems—Convergence of Renewable and Conventional Power

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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.

Table of Contents

Global Hybrid Energy Systems—Convergence of Renewable and Conventional PowerExecutive SummaryCEO’s Perspective for the Hybrid Renewable Energy Systems (HRES) Market3 Big PredictionsKey FindingsSummary of Major TrendsCurrent Questions in the MarketAssociated Research and MultimediaHybrid Renewable Energy SystemsRenewable Technology Investments Lead to Hybrid Energy System OpportunitiesHybrid Renewable Energy Systems Refers to Power Using Two or More Sources, where at Least One of them is RenewableHybrid Renewable Energy Systems are Poised to Bring in Disruptive Business Models to Traditional RenewablesEmerging Markets with Low Grid Connectivity Hold Massive Potential for HRESAn Integrated Value Chain Lies at the Core of a Hybrid Renewable Energy SystemPricing AnalysisBattery Storage Systems are Critical for the Successful Implementation of Hybrid Renewable Energy Systems Remote Industrial Power Applications Drive Potential for Hybrid Renewable Energy SystemsDrivers and RestraintsMarket DriversDrivers ExplainedDrivers Explained (continued)Market RestraintsRestraints ExplainedRestraints Explained (continued)Market ForecastsGlobal HRES Cumulative Installed Capacity ForecastGlobal HRES Annual Added Capacity ForecastGlobal HRES Revenue ForecastRevenue Forecast by End UserRevenue Forecast by End User Discussion Global HotspotsThe Emerging Markets Hold Attractive Growth Potential for HRESAsia-Pacific, Led by Key Countries such as China and India, will Experience the Fastest HRES GrowthGlobal Revenue for Distributed PV will Reach $1 Billion in 2025Revenue Forecast by Region DiscussionCase StudiesCase Study (North America)—Solana Generating Station in Arizona, USCase Study (Europe)—Fraunhofer ISE Research Institute and KACO New Energy Project in GermanyCase Study (Asia)—Rokkasho-Futamata Wind Farm in Aomori, JapanCase Study (Asia)—Zhangbei National Wind and PV Energy Storage Transmission Project in ChinaConclusionsRegulatory Actions and Energy Storage Investments are Crucial for Market GrowthLegal DisclaimerThe Frost & Sullivan StoryThe Frost & Sullivan StoryValue Proposition: Future of Your Company & CareerGlobal PerspectiveIndustry Convergence360º Research PerspectiveImplementation ExcellenceOur Blue Ocean Strategy




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