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Guidehouse Insights analyses market for DER systems in low process heat manufacturing

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A new report from Guidehouse Insights analyses the market for distributed energy resources (DER) systems in four low process heat (LPH) manufacturing sectors - pulp & paper, food, consumer goods, and fertilizer - that are currently most amenable to short-term decarbonisation through DER deployment.
Guidehouse Insights analyses market for DER systems in low process heat manufacturing
Courtesy of NREL.

The market for DER systems in industrial settings is rebounding from COVID-related market impacts. DER in these sectors can manage peak loads, reduce costs, and support enterprise decarbonisation. According to a new report from Guidehouse Insights, LPH industrial DER revenue in manufacturing will likely grow to $24.1 billion by 2031 at a CAGR of 9.3 percent.

“The business case for LPH industrial DER technologies rests upon improved efficiency, cost savings, supply resiliency, and decarbonisation” said Daniel Talero, research analyst with Guidehouse Insights. “To meet new demand for these benefits, technology vendors in the industrial sector are developing utility partnerships needed to acquire industrial customers with high energy demand and security-of-supply requirements.”

Market drivers include cost savings and cheaper DER as industrial customers control peak demand charges from utilities by load-shifting. DER also addresses resilience needs by supporting security-of-supply and outage prevention. Finally, investor pressure to assess the industrial carbon footprint is an increasingly scrutinised factor in asset risk valuation using environmental, social, and governance (ESG) methods, according to the report.

The report, Industrial DER in Low Process Heat Applications, provides market sizing and analyses spending on industrial DER installations and software across five global regions from 2022-2031, and the four industrial DER market segments - pulp & paper, food, consumer goods, and fertilizer.

This report highlights major trends across these industries and regions, exploring factors driving and hindering market growth as well as key players in the market. It focuses on industrial DER revenue, not including spending on industrial inputs outside of energy. It includes revenue on DER forecasting and optimization software, excluding spending on large utility managed DER management system (DERMS) software. An executive summary of the report is available for free download on the Guidehouse Insights website.

For additional information:

Guidehouse Insights

Industrial DER in Low Process Heat Applications

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