Global Energy as a Service Market - 2020-2027
|能源即服務的全球市場:2020-2027年 Global Energy as a Service Market - 2020-2027|
|出版日期: 2020年08月27日||內容資訊: 英文||
Energy as a service is the subscription-based energy service in which the customers pay for an energy service without having to make any upfront capital investment. It comprised of the third-party vendors, utility services companies, and potential business model disruptors deploying niche technical, financing, or procurement solutions. Energy as a Service include the energy supply, energy use, technology, analytics, access to the grid, and personalized services. The global energy as a service market valued USD XX million in 2019 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2020-2027.
The market is driven by the increasing demand for the energy as a service for reducing the buildings' energy cost and carbon emissions. Several factors such as increasing distributed energy resources, decreasing cost of renewable power generation and storage solutions are influencing the market growth. The increasing energy consumption shall have positive impact on the market. According to the United States Energy Information Administration (EIA), the global energy consumption is expected to grow by nearly 50% between 2018 and 2050. The industrial sector including the refining, mining, manufacturing, agriculture, and construction, accounts for the largest share of energy consumption of any end-use sector.
There is increase in the launch of the energy as a service in various industries. For instance, in May 2019, Clear Blue Technologies International Inc. had launched the Energy-as-a-Service (EaaS) for wireless power. This new subscription-based service provides clean, wireless power for critical systems such as off-grid street lights, telecommunications systems and Internet of Things (IoT) devices. Clear Blue's Energy-as-a-Service meets the requirement of municipalities, telecom providers, and other businesses with off-grid powered systems who were previously forced to own, operate, and maintain these power systems.
In June 2020, Nelnet had launched a new business line i.e., Nelnet Renewable Energy providing the community solar developers comprehensive and scalable subscriber acquisition, management, and support services. The company would help the solar developers to find subscribers for their community solar projects homeowners, renters, and businesses who are looking for accessible and affordable solar energy.
Several companies are raising the investment and funding for the energy services. For instance, in June 2019, Budderfly, a leading pioneer in the Energy Efficiency as a Service market had secured the investment of $55 million in growth equity and project debt funding led by Balance Point Capital with participation by Connecticut Innovations. This funding would be used for the fuel rapid expansion of successful energy efficiency as a service offering.
The global energy as a service market is segmented based on the service type as the energy supply services, operational & maintenance services, and energy efficiency & optimization services. The energy supply services segment accounts for the highest market share of XX% in 2019 as several consumers are looking to procure resilient energy supply. There is growing focus on various energy supply sources such as renewable, fossil fuels, nuclear, biomass, and biofuels, energy as a service model across the globe. There is increasing demand for the decentralized energy distribution across the various industries. There is increasing focus on the renewable energy that lowers the lowers energy costs, reduces carbon footprint, and provides the high energy efficiency. Energy supply services provides the flexibility of choice on ownership, pricing, and financing. Moreover, it allows the service providers to customize energy generation designs-based requirement as per the consumers.
The operational and maintenance services segment is expected to have the positive market growth. There is growing demand for the energy sustainability, innovative energy and solutions. There is increasing improvement in building efficiency to reduce the cost and maximize the efficiency. The operational and maintenance services reduce the downtime, mitigating risks, and increasing the profitability of the assets.
Further, the market is also classified based on the end-users as the commercial, industrial, and others. The commercial buildings such as the healthcare, educational institution, airports, data centers, leisure centers, warehouses, hotels, and others are consuming the huge amount of the energy. According to the American Council for an Energy-Efficient Economy, the commercial buildings account for the approximately 19% of the energy consumed in the United States. There is growing energy service implementations of the district energy systems and mercantile and service that requires the higher energy consumption in the commercial sector across the globe.
By region, the global energy as a service market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, North America dominated the global energy as a service market and expected to grow at the highest CAGR during the forecasted period due to the several utilities are implementing the energy efficiency and cutting down the energy generation costs. There is increase in the power generation from the renewable sources. The growing energy efficiency activities shall stimulate the market growth. Government have introduced the several approaches for achieving the energy efficiency at a larger scale in the commercial and residential sector. There is increase in the development of the intelligent and automated buildings. Several companies are providing the demand-energy response solutions. Several public and private companies are raising the investment and funding in the power industry. The presence of the federal and state tax benefits for energy efficiency projects shall fuel the market growth.
Asia-Pacific is expected to have a positive market growth due to the growing energy consumption due to the rapid urbanization and industrialization. According to the International Renewable Energy Agency (IRENA), Asia-Pacific accounts for the more than half of global energy consumption. Around, 85% of energy consumption come from the fossil fuels. There is growing demand for the distributed energy resources. Several utilities are investing and upgrading the policies for distributed energy resources. There is growing storage solutions for energy. There is increasing presence of the service operators providing the energy services. The advanced approaches are used for providing the energy efficiency.
The global energy as a service market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. WGL Energy, Engie, Schneider Electric, Siemens, Johnson Controls, General Electric, EDF Renewable Energy, and Edison are the leading market players with significant market share.
The major players are using service development, service launch, market expansion, and capacity utilization for holding their market position. For instance, in April 2015, E.ON, one of the largest U.S. renewable energy generators had launched the E.ON Energy Services to capture a growing and under-serviced market. The new business would leverage E.ON's global experience, turning that experience to its U.S. customer's advantage by driving more efficient and profitable renewable energy project performance.
In May 2019, UAC Berhad, the leading manufacturer of fibre cement boards had improved its performance in energy efficiency for its compressed air system by more than 18 percent on electrical costs, six months after signing an agreement with ENGIE to integrate innovative energy efficiency into its manufacturing operations in Ipoh, Malaysia. This significant milestone is in accord with the Malaysia Energy Efficiency and Conservation Act, currently in preparation by the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC), which aims to contribute to the nation's development of sustainable growth.
In April 2018, Stream, a leading direct selling company and provider of connected life services, had expanded its energy services to six energy territories in Ohio. It's all other Stream Services including the Wireless, Protective and Home are available nationwide.
The companies are entering into the collaborations, acquisitions, mergers, market expansion, capacity utilization, and product diversification strategies for increasing their market penetration. For instance, in July 2019, MAN energy solutions had signed a global service agreement with the Wallem group, the leading provider of technology-driven maritime solutions. The agreement includes the supply of generators, turbochargers, and spares and services abroad vessels managed by Wallem. The agreement includes all offices of the Wallem Group, which is headquartered in Hong Kong.
In June 2019, Trimark Associates, Inc., a leading provider of metering, SCADA and energy storage technology solutions for the electric power industry, had awarded a multi-year, multi-site monitoring and maintenance contract with Clearway Energy Group. Clearway is a full-scope renewable energy company that develops, owns, and operates solar and wind energy projects across the country. The agreement covers the 11 utility-scale solar sites ranging from 5MW to 300MW, encompasses maintenance for CAISO revenue meters and remote intelligent gateways (RIGs). The agreement includes equipment replacements, remote troubleshooting, emergency support services, meter calibrations, and RIG certifications. In addition, the Trimark Operations Center (TOC) monitors the RIGs in real-time to ensure ongoing connectivity with CAISO.
In December 2018, Enel X had entered into the collaboration with the Infracapital to launch energy services platform for Italian commercial and industrial (C&I) customers. Under the terms of agreement, Enel X would continue to fully operate the (Combined Heat and Power (CHP) plants due to its expertise in the cogeneration and tri-generation sector as well as in Italy's energy efficiency market. Enel X would also provide a set of integrated services to end customers, ranging from the assessment of energy needs to the implementation and management of high-efficiency technical solutions to optimize energy consumption.