Global Market Research Group

Press Release – 13 Dec 2018 Research and Development News -- . . Latest Update "Distributed Energy Resource Management System (DERMS) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026" with Industries Survey | Global Current Growth and Future. ' ' Insufficient centralized electricity supply, paradigm shift in energy generation toward green technology, and increased awareness about carbon footprint reduction coupled with revised FIT (Feed in Tariff) rates are expected to spur the market growth. The high initial investment acts as a major barrier to the market. However, price decline in the coming years is expected to overcome the restraint. Depleting fossil fuel coupled with their rising prices impacts the cost of energy generation.Today’s renewable systems are cost competitive and the most economic option for off-grid electrification. Low prices are likely to open new opportunities for the market which has helped re