Distributed Energy Generation Market Projected to Garner Significant Revenues By 2030
Distributed energy generation (DEG) systems generate electricity at or near where it will be used, such as solar panels and combined heat and power. Distributed energy generation can power a single structure, such as a home or company, or it can be part of a microgrid system, such as at a big industrial complex, military base, or university campus. Distributed energy generation can help support the delivery of clean, reliable power to more consumers and reduce electricity losses along transmission and distribution lines when connected to the electric utility's lower voltage distribution lines. The global distributed energy generation market size was valued at $246.4 billion in 2020, and is forecasted to reach $919.6 billion by 2030, growing at a CAGR of 14.2% from 2021 to 2030. Get a PDF brochure for Industrial Insights and Business Intelligence @ https://www.alliedmarketresearch.com/request-sample/14153 Increase in government regulations and targets for redu...