DEFG and MSI Release Results of First Annual Distributed Energy Market Survey
WASHINGTON, April 27 /PRNewswire/ -- The Distributed Energy Financial Group (DEFG, http://www.defgllc.com) and Market Strategies Inc. (MSI, http://www.marketstrategies.com) released the results today of the first annual distributed energy market survey. The survey was the first attempt to gauge perceptions in regard to revenue expectations, profitability, and market drivers of the energy technology and distributed energy sector. Approximately 75 percent of the 350 industry stakeholders, representing a broad cross- section of the industry, believe that the distributed energy and energy technology sectors are well-positioned for revenue growth in 2005.
"This is the first serious survey research ever to focus on the increasingly important distributed energy sector," stated Jack Lloyd, Vice President of Market Strategies Inc. "The findings present a very interesting profile of where the sector is today, where it's going over the next few years, what it will take to get there, and who is likely to benefit."
Other survey findings include:
* Wind and load control/demand response technologies are perceived as
having the greatest growth potential in 2005 and over the next five
years.
* There is a positive trend towards industry profitability over the next
three years, however some concern remains.
* Improved performance and the subsequent lower cost of DE technologies is
the DE industry driver that most feel will have the greatest positive
impact on the future profitability of the sector.
* "Demand management, communications, and control" and "renewable energy
technologies" are expected to be the most profitable segments over the
next three years.
* Natural gas prices and a trend towards favorable DE policies could have
a strong impact on industry profitability.
* For regulators, reliability/security of supply, and fair cost
allocations are the two most important issues for DE policy development.
* The Northeast and Pacific regions are considered the most receptive to
DE.
Tom Brunetto, Managing Director of DEFG, summed up the findings by stating, "The results clearly indicate that industry stakeholders are bullish on energy technologies and the distributed energy sector, and expect significant growth driven by renewables and demand management, metering and controls."
A presentation of the study results is available at no charge. To receive a free copy, send a note with your contact information to Jamie Wimberly, DEFG CEO, at jwimberly@defgllc.com SOURCE Distributed Energy Financial Group; Market Strategies Inc.
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