Annual Installed Capacity of Distributed Generation to Double by 2023

According to a recent report from Navigant Research, the worldwide installed capacity of distributed generation is expected to more than double in the next 9 years. With dramatic expansion of DG threatening utility business models and giving customers new levels of control over the energy they consume, capacity is expected to be at 165,000 megawatts in 2023. “Utilities in Western Europe are losing hundreds of billions of dollars in market capitalization as DG reaches higher levels of penetration in leading countries such as Germany, the United Kingdom, and Italy,” says Dexter Gauntlett, senior research analyst with Navigant Research.  “The prospect of similar losses by utilities in the United States is prompting a struggle among utilities, the DG industry, and regulators over the future of DG models.” Read the recent report here.