Ratio of small-scale solar and battery capacity to total installed capacity
By 2025, over $2 billion worth of U.S. electricity production will change hands from traditional generators to small-scale generation assets.
Worldwide, the small-scale solar photovoltaic capacity operated by homes and businesses is predicted to grow consistently as depicted by Bloomberg New Energy Finance in the New Energy Outlook 2017.
In countries like the U.S. which face stagnant electricity demand growth, the growth in distributed electricity production will take sales from generators in the wholesale markets and regulated power regions.
Australia leads the way in distributed energy, with around 45 per cent of total demand to be delivered by locally sourced distributed power solar, wind and storage, by 2040.
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Source: Bloomberg New Energy Finance. Reproduced with permission.