Siemens: distributed energy 'two thirds of new capacity by 2030'

Two thirds of all new power capacity installed by 2030 will come from distributed energy systems, according to Siemens.

“We expect that this market will grow, whereas the centralised, non-distributed energy systems will stay flat,” John Kovach, global head of distributed energy at Siemens, tells Recharge. “We think that the share of non-hydro renewables in the mix will triple by 2030, with the overall energy demand raised by about 25%.