Blockchain energy platforms must emphasize operational efficiency before the technology can be widely adopted in the energy sector.

A new report from analyzes the market for blockchain-based platforms in the utilities industry, providing forecasts for wholesale energy trading, EV charging and integration, and transactive energy platforms through 2026.

In 2016 and 2017, millions of dollars flowed into energy-related blockchain projects, and the adoption of the technology continues to grow. As decentralized energy markets emerge, these opportunities for energy-specific blockchain applications are an important target for industry. : According to a new report form @NavigantRSRCH, the total utility spending on blockchain-based platforms is expected to reach $3.7 billion by 2026.

“The expectations for blockchain in the energy sector are sky-high, helped along by hundreds of millions of dollars in venture capital investments and initial coin offering (ICO) fundraising,” says Johnathon de Villier, Research Analyst with Navigant Research. “However, the technology is still immature and unproven, and utility spending will grow at a much more measured pace.”

Future blockchain development in the utility industry depends on external technological factors, including the penetration of smart meters and networked charging infrastructure for electric vehicles. According to the report, blockchain adoption will not be disruptive until Internet of Things devices and communications technologies are integrated into compatible blockchain networks.

This report, , provides an overview of the developing market for blockchain-based platforms in the utilities industry. The study focuses on wholesale energy trading, certificates of origin, EV charging and integration, meter registration and switching, and transactive energy platforms. Global forecasts of utility spending, segmented by region and use case, extend through 2026. The report also describes the components of a blockchain architecture and explores the competitive landscape and key challenges that must be addressed before blockchain can be widely adopted in the energy sector.

Contact: Stefanie Bradtner
+49.221.270.70.142

* The information contained in this press release concerning the report, Utility Blockchain Applications Market Overview, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

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Read more: Utility Spending on Blockchain-based Platforms...

Market conditions and policies are driving acquisitions and new hybrid projects from incumbent generator providers, and new products and services are emerging

A new report from analyzes the advantages of energy storage with fossil fuel (ESFF) solutions to maximize the efficiency, value, and useful life of fossil fuel power plants.

The development of energy storage has been tightly associated with the integration of renewable energy. However, energy storage is one of the most versatile technologies on the grid. : According to a new report from , a new generation of projects combining energy storage with fossil fuel (ESFF) generators is shifting the paradigm of how energy storage is utilized.

“At a time when market conditions are forcing power plants into premature retirement, energy storage can increase revenue and lower the costs to operate power plants,” says Alex Eller, senior research analyst with Navigant Research. “In the same way a hybrid car utilizes battery storage to improve efficiency and reduce fuel consumption, an energy storage system integrated with a conventional power plant can result in significant fuel savings while improving the grid’s overall resiliency.”

According to the report, market conditions and policies are driving acquisitions and new hybrid projects from incumbent generator providers. The pairing of storage with generators is also opening opportunities for new products and services both from companies serving large-scale utility markets and those focusing on distributed generation technologies for commercial and industrial customers.

The report, , explores the advantages of ESFF solutions to maximize the efficiency, value, and useful life of fossil fuel power plants. The study examines the various strategies that market players are using to capitalize on this emerging trend and provides background on the development of ESFF solutions. It also details some of the key opportunities presented by the growth of ESFF solutions and projects and provides recommendations for utilities, vendors, and project developers. An Executive Summary of the report is available for free download on the .

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Optimizing Fossil Fuel Generation with Energy Storage, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: A New Generation of Projects Combining Energy...

Standards organizations provide a starting point for understanding human-centric lighting and healthy buildings, but a clear measurement is still needed to impact the industry

A new report from analyzes the role human-centric lighting plays in healthy buildings, discussing challenges around standardization and providing recommendations for stakeholders.

Growing interest in healthy buildings—which focus on occupant well-being, health, and productivity—is paving the way for new opportunities in the commercial lighting industry. Light-emitting diodes (LEDs) and lighting controls are some of the technologies helping to provide actionable data that can influence the relationship between occupants and buildings, in addition to providing cost savings. : However, according to a new report from , technology to measure and help quantify human-centric lighting is underutilized, and no clear standard measurement for human-centric lighting has been agreed upon.

“Human-centric lighting has been a growing buzzword within the lighting industry and is gaining attention by manufacturers, building owners, operators and occupants, and researchers,” says Krystal Maxwell, research analyst with Navigant Research. “But while interest and available products are increasing, there is still a lack of research available on human-centric lighting, how to quantify the benefits of it, and the best way to measure it.”

While standards organizations provide a starting point for understanding human-centric lighting and healthy buildings, lack of agreement on measurement is expected to delay industry progress, according to the report. In the meantime, government organizations can work to make the components of green and healthy buildings the norm, which is expected to be crucial for the long-term success of these types of certifications.

The report, , examines the growing interest in occupant health and well-being, focusing on human-centric lighting and the role it plays in the healthy building. The study discusses the building types that are a key focus for human-centric lighting and lack of agreement on standardization for quantifying how this type of lighting can influence productivity. Recommendations are provided on how stakeholders can help ensure human-centric lighting plays a positive role in healthy buildings. An Executive Summary of the report is available for free download on the .

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Quantifying and Standardizing the Measurement of Human-Centric Lighting, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Technology to Measure and Quantify Human-Centric...

Market players demonstrating safe, effective applications will be key to the evolution of unmanned vehicle regulation and market growth

A new report from examines unmanned vehicle (UV) technology in the areas of agriculture, logistics, asset inspection, emergency management, and insurance, providing insight on the current and future regulatory environment.

More industries are looking to UVs to collect visual information and carry out complex tasks as a safer, cheaper, and more reliable alternative to incumbent solutions. Although the majority of today’s UV use cases are for asset inspection, aerial imaging, and agricultural operations, improving technologies will be revolutionary for newer applications that take advantage of beyond visual line of sight and autonomous operations. : According to a new report from , current regulatory structures limit the ability to test and deploy innovative UV services, but as UV pilot programs establish the safety and reliability of the technology, regulations will likely adapt.

“Regulation has an important role in ensuring safety and protection of the public good as these new technology solutions are trialed and rolled out commercially,” says William Drier, research associate with Navigant Research. “However, varying regulatory structures can also limit what kinds of applications can be deployed, particularly for unmanned aerial vehicles (UAVs).”

To succeed in this market, Navigant Research recommends companies identify a true value proposition over current solutions. Developers should prioritize specialized solutions for automating tasks, and be conscious that demonstrating safety and reliability will be key to the evolution of regulation and market growth, according to the report.

The report, , analyzes the increasing prevalence and advancement of UV technology in agriculture, logistics, asset inspection, emergency management, and insurance, as well as how upcoming changes will affect the growth of the market. The study provides commentary on the current regulatory environment and how Navigant Research envisions the future of these regulations and their impact on the UV market. It also identifies opportunities for stakeholders to focus on and what lies ahead to both be better adapted in the current market environment and facilitate the adoption of commercial UV operations. An Executive Summary of the report is available for free download on the .

Contact: Stefanie Bradtner

+49.221.270.70.142

* The information contained in this press release concerning the report, Capturing New Commercial Opportunities with Unmanned Vehicles, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Read more: Pilot Projects Are Helping to Establish Safety...

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