AES Energy Storage and RES Rank as Top Utility-Scale Energy Storage Systems Integrators in Navigant Research Assessment

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BOULDER, Colo.--(BUSINESS WIRE)--

A new Leaderboard report from Navigant Research examines the strategy and execution of 14 leading energy storage systems integrators (ESSIs) in the utility-scale market, providing industry participants with an objective assessment of these companies' relative strengths and weaknesses.

As the energy storage industry continues to develop, the role of the systems integrator is becoming more and more important. Energy storage systems (ESSs) will increasingly need to serve different applications—ranging from short-duration and high-power ancillary services to long-duration time shifting of energy—and systems integrators will be responsible for managing this complexity by designing systems that can provide maximum value to both the grid and the system owners. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, AES Energy Storage and RES are the leading utility-scale energy storage systems integrators in terms of strategy and execution.

"As the utility-scale energy storage industry continues to evolve, the leaders in this space will be companies with flexible offerings suited for a number of different grid services and customer types," says Alex Eller, research analyst with Navigant Research. "AES Energy Storage and RES serve primarily as full project developers that also have in-house systems integration and software and controls expertise, which is a model Navigant Research believes offers great scalability."

Currently, a variety of players from different backgrounds are entering utility-scale energy storage systems integration space, including those with experience in renewable project development, utility ownership, electrical grid equipment and services, battery manufacturing, civil and electrical engineering services, and innovative energy management systems. According to the report, this emerging trend allows industry participants to leverage their diverse backgrounds to provide a range of solutions, allowing them flexibility in meeting the needs of various customers.

The report, Navigant Research Leaderboard Report: Utility-Scale Energy Storage Systems Integrators, compares the strategy and execution of 14 leading ESSIs focused specifically on the utility-scale market. These companies are rated on 12 criteria: vision; go-to-market strategy; partners; production strategy; technology; geographic reach; sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power. Using Navigant Research's proprietary Leaderboard methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective assessment of these companies' relative strengths and weaknesses in the global utility-scale ESSI market. An Executive Summary of the report is available for free download on the Navigant Research website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant's professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant's practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, Navigant Research Leaderboard Report: Utility-Scale Energy Storage Systems Integrators, is a summary and reflects Navigant Research's current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Navigant Research
Lindsay Funicello-Paul, +1-303-493-5477
lindsay.funicello.paul@navigant.com
or
Megan Maupin, +1-312-583-5703
megan.maupin@navigant.com

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