Distributed energy resources (DER) penetration is increasing globally, causing a significant, and sometimes controversial, impact on the power and utilities segment. The rapid expansion is expected to force a major shift away from the centralized, one-way electrical grid, toward the integration of smaller power sources that can be aggregated to meet regular demand. According to a new report from Navigant Research, annual installed capacity across the global DER market is expected to grow from 136.4GW in 2015 to 530.7GW in 2024.
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