Integrated demand-side management spending to rise through 2025: Navigant Research
March 23, 2016 - A new report from Navigant Research examines the global market for integrated demand-side management (IDSM), focusing on energy efficiency and demand response (DR) programs, with market forecasts for spending, through 2025.
By Renée Francoeur
IDSM has been a topic among demand-side management (DSM) professionals and utilities for a decade, Navigant states, but efforts to integrate energy efficiency and demand response (DR) in utility programs have been challenging. Today, though, key drivers that take technical, policy, and economic factors into account are pushing the market forward, according to the report.
“Traditionally, energy efficiency and demand response have been siloed within utilities, with misaligned goals and barriers to transferring funds between programs,” says Brett Feldman, principal research analyst with Navigant Research. “Yet, the integration of DSM programs has become increasingly popular, where the combination of these programs has been used as a fundamental part of the state’s energy planning and strategy.”
North America is expected to be the largest region for IDSM spending, the report found. This is expected to hold during the next decade, even as other regions eventually start to implement their own IDSM programs.