Telecoms' distributed generation spend forecast at $31bn

Telecommunications network providers are expected to spend more than $31 billion on distributed generation and energy storage systems over the next decade.

This is the key figure to emerge from the latest report from US-based Navigant Research. According to the firm's analysis, distributed power systems are becoming major tools for network providers to reduce energy costs and insulate operations from grid unreliability.

The use of solar photovoltaics (PV) is now a common feature on remote telecom assets, a correlation that is spurring companies to develop new business models that make hybrid systems incorporating distributed renewables for remote telecommunications deployments more attractive, the report, ‘Distributed Generation and Energy Storage in Telecom Networks’, finds.

‘Ever since the introduction of the first mobile and data networks three decades ago, the telecommunications industry has been in a constant state of change,’ says Richelle Elberg, principal research analyst with Navigant Research. ‘This has in turn led to astounding new capabilities for people to stay connected and communicate with each other, and ensures the reliability of these lines of communication is of the utmost importance for network providers.’

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...