Industrial DER systems market is rebounding from COVID-related market impacts. DER in these sectors can handle peak loads, reduce costs and support business decarbonization. According to a new report from Guidehouse Insights, LPH industrial DER revenues in manufacturing are likely to reach $24.1 billion by 2031 at a CAGR of 9.3%.

“The business case for industrial LPH DER technologies is based on improving efficiency, cost savings, supply resilience and decarbonization,” said Daniel Talero, Research Analyst at Guidehouse Insights. . “To meet the new demand for these benefits, technology providers 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 utility peak demand loads by transferring the load. DER also addresses resilience needs by supporting security of supply and outage prevention. Finally, investor pressure to assess industrial carbon footprint is a factor increasingly examined in the risk assessment of assets using environmental, social and governance (ESG) methods, according to the report.

The report, Industrial DER in Low Process Heat Applications, provides market size and analyzes the spending on industrial DER facilities and software in five regions of the world from 2022 to 2031, and the four industrial DER market segments – pulp and paper, food , consumer goods and fertilizers.

This report highlights key trends in these industries and regions, exploring the factors driving and restraining market growth along with key market players. It focuses on industrial DER revenues, excluding expenditure on non-energy industrial inputs. It includes revenue from DER forecasting and optimization software, excluding expenses related to software for the DER management system run by major utilities (DERMS). An executive summary of the report is available for free download from the Guidehouse Insights website.

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Industrial DER in low process heat applications