封面
市场调查报告书
商品编码
1896144

分散式能源市场预测至2032年:按类型、型号、技术、最终用户和地区分類的全球分析

Distributed Energy Resources Market Forecasts to 2032 - Global Analysis By Type (Control Architecture, and Installation Type), Model, Technology, End User, and By Geography

出版日期: | 出版商: Stratistics Market Research Consulting | 英文 | 商品交期: 2-3个工作天内

价格

根据 Stratistics MRC 的一项研究,预计到 2025 年,全球分散式能源资源 (DER) 市场规模将达到 47 亿美元,到 2032 年将达到 56 亿美元,预测期内复合年增长率为 2.6%。

分散式能源(DER)是指安装在更靠近用电点而非集中式发电厂的小规模发电和储能技术。例如,屋顶太阳能电池板、小型风力发电机、蓄电池和燃料电池。分散式能源能够增强电网韧性、降低输电损耗,并使消费者能够参与能源市场。它们支援可再生能源併网、需量反应和微电网发展,从而建立分散式能源生态系统。透过使能源供应来源多样化并赋能产消者,分散式能源在全球电力系统现代化过程中发挥关键作用。

对电力系统柔软性和韧性的需求日益增长

可再生能源的日益普及和交通运输电气化推动了对电网柔软性和韧性的需求。分散式能源(DER),例如太阳能光伏发电、电池储能和需量反应,提供了可即时平衡供需的去中心化解决方案。电力公司和监管机构越来越依赖分散式能源来缓解停电、稳定电压并协助进行尖峰负载管理。这一趋势使分散式能源成为现代电力系统的重要组成部分,确保在不同地域提供可靠、永续且适应性强的能源供应。

电网连接延迟和电网拥堵

儘管分散式能源(DER)部署势头强劲,但併网延迟和电网拥塞仍构成重大挑战。冗长的核准流程、技术瓶颈和有限的输电容量都阻碍了分散式资产的併网。电力公司往往难以有效了解及控制分散式资源,导致营运效率低落。这些障碍增加了计划成本,并抑制了投资,尤其对于小规模开发商。如果没有简化的法规结构和电网基础设施升级,分散式能源部署将面临停滞的风险,从而限制其大规模提供柔软性和韧性的潜力。

资料中心和电动车队的微电网发展

超大规模资料中心和电动车车队的快速扩张为分散式能源(DER)带来了巨大的机会。由太阳能发电、储能和先进控制系统组成的微电网,能够为关键任务运作提供可靠、稳定且永续的能源。电动车队的充电站越来越需要本地化的发电和储能係统来满足充电需求,而资料中心则在寻求碳中和的电力解决方案。这些领域为分散式能源供应商创造了高价值的市场,使其能够在快速发展的数位旅游生态系统中实现规模化应用、开闢新的收入来源并增强能源独立性。

逆变器和电池等关键零件的供应链中断

逆变器和电池等关键零件的供应链中断对分散式能源市场的成长构成严重威胁。全球短缺、地缘政治紧张局势和原材料限制可能导致计划延期和成本增加。逆变器是併网的关键部件,而电池是储能和柔软性的基础。任何中断都可能损害可靠性、投资者信心和部署进度。如果没有多元化的筹资策略和具有韧性的供应链,分散式能源的部署可能会受阻,从而减缓全球转型为分散式、永续且具韧性的能源系统。

新冠疫情的影响

新冠疫情初期,由于封锁、劳动力短缺和审批延误,分散式能源资源(DER)的部署受到阻碍。然而,疫情也凸显了建构具有韧性的分散式能源系统的必要性,因为电网的脆弱性暴露无遗。远端办公数位化推动了家用太阳能光伏、电池储能和微电网的发展。电力公司已开始投资虚拟电厂(VPP)和分散式能源资源管理系统(DERMS),以更有效地管理其分散式资产。疫情后的復苏计画优先发展清洁能源,并将分散式能源资源定位为未来危机中保障电力可靠性、永续性和能源独立性的关键基础设施。

预计在预测期内,已安装部分将占据最大的市场份额。

预计在预测期内,已安装分散式能源系统将占据最大的市场份额,这主要得益于住宅、商业和工业设施中屋顶安装、地面安装和移动式分散式能源系统的广泛应用。太阳能和储能成本的下降正促使各机构加强对特定场所安装的投资,以提高能源韧性。电网现代化倡议、有利的电网併网措施以及对本地发电需求的成长,将进一步提升该细分市场的收入贡献。

预计在预测期内,自有车型细分市场将实现最高的复合年增长率。

由于灵活的资金筹措结构和创新的经营模式,预计所有权模式细分市场在预测期内将实现最高成长率。第三方所有权、社群系统和产消者资产有助于使用者参与分散式发电,同时降低初始资本门槛。在能源独立目标和净计量政策的支持下,消费者和企业正在加速向多元化所有权框架转型,推动了整个细分市场的成长。

比最大的地区

由于快速的都市化、强劲的可再生能源目标以及不断增长的电力需求,亚太地区预计将在预测期内占据最大的市场份额。中国、印度、日本和澳洲等国家正大力投资太阳能光电、储能和微电网部署。政府奖励、对电网可靠性的担忧以及具有成本竞争力的製造业生态系统,进一步巩固了该地区在分散式能源领域的主导地位。

最高复合年增长率地区

在预测期内,北美预计将实现最高的复合年增长率,这主要得益于电网分散化进程的加速和清洁能源投资的增加。住宅太阳能+储能係统的日益普及、电动车的併网以及虚拟电厂的采用正在改变能源消费模式。在有利的政策、先进的数位基础设施和积极的私营部门参与的支持下,该地区正在崛起为分散式能源解决方案的高成长市场。

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目录

第一章执行摘要

第二章 前言

  • 摘要
  • 相关利益者
  • 调查范围
  • 调查方法
  • 研究材料

第三章 市场趋势分析

  • 司机
  • 抑制因素
  • 机会
  • 威胁
  • 技术分析
  • 终端用户分析
  • 新兴市场
  • 新冠疫情的感染疾病

第四章 波特五力分析

  • 供应商的议价能力
  • 买方的议价能力
  • 替代品的威胁
  • 新进入者的威胁
  • 竞争对手之间的竞争

5. 全球分散式能源资源市场(按类型划分)

  • 控制架构
    • 分散式控制
    • 混合控制系统
    • 人工智慧驱动的自主控制
  • 安装类型
    • 屋顶安装系统
    • 地面安装系统
    • 行动/可携式单元

6. 全球分散式能源资源市场(依模型划分)

  • 自有车型
    • 公共产业拥有的分散式能源
    • 第三方拥有的分散式能源
    • 社区所有权系统
    • 产消者拥有的资产
  • 收入模式
    • 净计量
    • 上网电价补贴制度
    • 按时间计费
    • P2P能源交易

7. 全球分散式能源资源市场(依技术划分)

  • 太阳能发电
  • 风力微型涡轮机
  • 燃料电池
  • 蓄电池
  • 微型汽电共生单元
  • 分散式水力发电和其他可再生能源

8. 全球分散式能源资源市场(依最终用户划分)

  • 普通家庭
  • 商业设施
  • 工业公司
  • 公共产业营运商
  • 政府和地方政府机构

9. 全球分散式能源资源市场(按地区划分)

  • 北美洲
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 义大利
    • 法国
    • 西班牙
    • 其他欧洲
  • 亚太地区
    • 日本
    • 中国
    • 印度
    • 澳洲
    • 纽西兰
    • 韩国
    • 其他亚太地区
  • 南美洲
    • 阿根廷
    • 巴西
    • 智利
    • 其他南美国家
  • 中东和非洲
    • 沙乌地阿拉伯
    • 阿拉伯聯合大公国
    • 卡达
    • 南非
    • 其他中东和非洲地区

第十章:重大进展

  • 协议、伙伴关係、合作和合资企业
  • 併购
  • 新产品发布
  • 业务拓展
  • 其他关键策略

第十一章 企业概况

  • NextEra Energy
  • Enel
  • Iberdrola
  • Schneider Electric
  • Siemens Energy
  • ABB Ltd.
  • Bloom Energy
  • Sunrun
  • Tesla
  • Sunnova
  • AutoGrid
  • Stem, Inc.
  • EDF Renewables
  • Eaton Corporation
  • Enphase Energy
  • Siemens Smart Infrastructure
Product Code: SMRC32831

According to Stratistics MRC, the Global Distributed Energy Resources Market is accounted for $4.7 billion in 2025 and is expected to reach $5.6 billion by 2032 growing at a CAGR of 2.6% during the forecast period. Distributed energy resources (DERs) are small-scale power generation or storage technologies located close to the point of consumption rather than centralized plants. Examples include rooftop solar panels, wind micro-turbines, battery storage, and fuel cells. DERs enhance grid resilience, reduce transmission losses, and enable consumers to participate in energy markets. They support renewable integration, demand response, and microgrid development, creating a decentralized energy ecosystem. By diversifying supply and empowering prosumers, DERs play a critical role in modernizing electricity systems worldwide.

Market Dynamics:

Driver:

Rising demand for grid flexibility and resilience

The growing penetration of renewable energy and electrification of transport is driving demand for grid flexibility and resilience. Distributed Energy Resources (DERs) such as solar, storage, and demand response provide decentralized solutions that balance supply and demand in real time. Utilities and regulators increasingly rely on DERs to mitigate outages, stabilize voltage, and support peak load management. This dynamic positions DERs as essential enablers of modern power systems, ensuring reliable, sustainable, and adaptive energy delivery across diverse regions.

Restraint:

Interconnection delays and grid congestion

Despite strong momentum, DER deployment faces significant challenges from interconnection delays and grid congestion. Lengthy approval processes, technical bottlenecks, and limited transmission capacity slow the integration of distributed assets. Utilities often struggle with visibility and control over decentralized resources, creating operational inefficiencies. These barriers increase project costs and discourage investment, particularly for smaller developers. Without streamlined regulatory frameworks and upgraded grid infrastructure, DER adoption risks stagnation, limiting its potential to deliver flexibility and resilience at scale.

Opportunity:

Growth in data center and EV fleet microgrids

The rapid expansion of hyperscale data centers and electrified vehicle fleets presents a major opportunity for DERs. Microgrids powered by solar, storage, and advanced controls can deliver reliable, resilient, and sustainable energy for mission-critical operations. EV fleet depots increasingly require localized generation and storage to manage charging demand, while data centers seek carbon-neutral power solutions. These sectors create high-value markets for DER providers, enabling scalable deployment, new revenue streams, and enhanced energy independence in rapidly growing digital and mobility ecosystems.

Threat:

Supply chain disruptions for inverters and batteries

Supply chain disruptions for critical components such as inverters and batteries pose a serious threat to DER market growth. Global shortages, geopolitical tensions, and raw material constraints can delay projects and inflate costs. Inverters are essential for grid integration, while batteries underpin storage and flexibility. Any disruption undermines reliability, investor confidence, and deployment timelines. Without diversified sourcing strategies and resilient supply chains, DER adoption could face setbacks, slowing the transition toward decentralized, sustainable, and resilient energy systems worldwide.

Covid-19 Impact:

COVID-19 initially disrupted Distributed Energy Resources (DER) deployment due to lockdowns, labor shortages, and delayed permitting. However, the pandemic underscored the need for resilient, decentralized energy systems as grid vulnerabilities became evident. Remote work and digitalization accelerated interest in home solar, battery storage, and microgrids. Utilities began investing in virtual power plants and DERMS to manage distributed assets more effectively. Post-pandemic recovery plans prioritized clean energy, positioning DERs as critical infrastructure for reliability, sustainability, and energy independence in future crises.

The installation type segment is expected to be the largest during the forecast period

The installation type segment is expected to account for the largest market share during the forecast period, supported by widespread deployment of rooftop, ground-mounted, and mobile DER systems across residential, commercial, and industrial settings. Fueled by declining solar PV and energy storage costs, organizations are increasingly investing in site-specific installations to improve energy resilience. Grid modernization initiatives, favorable interconnection policies, and rising demand for localized power generation further strengthen the segment's revenue contribution.

The ownership model segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the ownership model segment is predicted to witness the highest growth rate, driven by flexible financing structures and innovative business models. Third-party ownership, community-based systems, and prosumer assets lower upfront capital barriers while enhancing participation in distributed generation. Motivated by energy independence goals and supportive net metering policies, consumers and enterprises are increasingly shifting toward diversified ownership frameworks, accelerating overall segment growth.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to rapid urbanization, strong renewable energy targets, and expanding electricity demand. Countries such as China, India, Japan, and Australia are investing heavily in solar, storage, and microgrid deployments. Government incentives, grid reliability concerns, and cost-competitive manufacturing ecosystems further reinforce the region's leadership in distributed energy resources.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with accelerating grid decentralization and clean energy investments. Increasing adoption of residential solar-plus-storage, electric vehicle integration, and virtual power plants is reshaping energy consumption patterns. Supported by favorable policies, advanced digital infrastructure, and strong private sector participation, the region is emerging as a high-growth market for DER solutions.

Key players in the market

Some of the key players in Distributed Energy Resources Market include NextEra Energy, Enel, Iberdrola, Schneider Electric, Siemens Energy, ABB Ltd., Bloom Energy, Sunrun, Tesla, Sunnova, AutoGrid, Stem, Inc., EDF Renewables, Eaton Corporation, Enphase Energy, and Siemens Smart Infrastructure.

Key Developments:

In December 2025, Tesla revealed its Powerwall fleet delivered 1.6 TWh of clean energy storage in 2025, saving homeowners $1B while enabling 89,000 virtual power plant events, showcasing DER scalability and resilience.

In August 2025, NextEra Energy announced a $50B investment program (2025-2029) to deploy 25 GW of battery storage capacity, addressing AI-driven electricity demand growth and reinforcing leadership in renewable generation and distributed energy resource integration.

In Jul 2025, Enel committed €26B through 2027 for grid modernization, emphasizing bidirectional energy flows and virtual power plants (VPPs) to accelerate DER adoption, strengthen European energy resilience, and support electrification across multiple regions.

Types Covered:

  • Control Architecture
  • Installation Type

Models Covered:

  • Ownership Model
  • Revenue Model

Technologies Covered:

  • Solar PV
  • Wind Micro-Turbines
  • Fuel Cells
  • Battery Energy Storage
  • Micro-CHP Units
  • Distributed Hydro & Other Renewables

End Users Covered:

  • Households
  • Commercial Establishments
  • Industrial Enterprises
  • Utility Operators
  • Government & Municipal Bodies

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Technology Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Distributed Energy Resources Market, By Type

  • 5.1 Introduction
  • 5.2 Control Architecture
    • 5.2.1 Decentralized Control
    • 5.2.2 Hybrid Control Systems
    • 5.2.3 AI-Driven Autonomous Control
  • 5.3 Installation Type
    • 5.3.1 Rooftop Systems
    • 5.3.2 Ground-Mounted Systems
    • 5.3.3 Mobile & Portable Units

6 Global Distributed Energy Resources Market, By Model

  • 6.1 Introduction
  • 6.2 Ownership Model
    • 6.2.1 Utility-Owned DERs
    • 6.2.2 Third-Party-Owned DERs
    • 6.2.3 Community-Owned Systems
    • 6.2.4 Prosumer-Owned Assets
  • 6.3 Revenue Model
    • 6.3.1 Net Metering
    • 6.3.2 Feed-In Tariff
    • 6.3.3 Time-of-Use Pricing
    • 6.3.4 Peer-to-Peer Energy Trading

7 Global Distributed Energy Resources Market, By Technology

  • 7.1 Introduction
  • 7.2 Solar PV
  • 7.3 Wind Micro-Turbines
  • 7.4 Fuel Cells
  • 7.5 Battery Energy Storage
  • 7.6 Micro-CHP Units
  • 7.7 Distributed Hydro & Other Renewables

8 Global Distributed Energy Resources Market, By End User

  • 8.1 Introduction
  • 8.2 Households
  • 8.3 Commercial Establishments
  • 8.4 Industrial Enterprises
  • 8.5 Utility Operators
  • 8.6 Government & Municipal Bodies

9 Global Distributed Energy Resources Market, By Geography

  • 9.1 Introduction
  • 9.2 North America
    • 9.2.1 US
    • 9.2.2 Canada
    • 9.2.3 Mexico
  • 9.3 Europe
    • 9.3.1 Germany
    • 9.3.2 UK
    • 9.3.3 Italy
    • 9.3.4 France
    • 9.3.5 Spain
    • 9.3.6 Rest of Europe
  • 9.4 Asia Pacific
    • 9.4.1 Japan
    • 9.4.2 China
    • 9.4.3 India
    • 9.4.4 Australia
    • 9.4.5 New Zealand
    • 9.4.6 South Korea
    • 9.4.7 Rest of Asia Pacific
  • 9.5 South America
    • 9.5.1 Argentina
    • 9.5.2 Brazil
    • 9.5.3 Chile
    • 9.5.4 Rest of South America
  • 9.6 Middle East & Africa
    • 9.6.1 Saudi Arabia
    • 9.6.2 UAE
    • 9.6.3 Qatar
    • 9.6.4 South Africa
    • 9.6.5 Rest of Middle East & Africa

10 Key Developments

  • 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 10.2 Acquisitions & Mergers
  • 10.3 New Product Launch
  • 10.4 Expansions
  • 10.5 Other Key Strategies

11 Company Profiling

  • 11.1 NextEra Energy
  • 11.2 Enel
  • 11.3 Iberdrola
  • 11.4 Schneider Electric
  • 11.5 Siemens Energy
  • 11.6 ABB Ltd.
  • 11.7 Bloom Energy
  • 11.8 Sunrun
  • 11.9 Tesla
  • 11.10 Sunnova
  • 11.11 AutoGrid
  • 11.12 Stem, Inc.
  • 11.13 EDF Renewables
  • 11.14 Eaton Corporation
  • 11.15 Enphase Energy
  • 11.16 Siemens Smart Infrastructure

List of Tables

  • Table 1 Global Distributed Energy Resources Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Distributed Energy Resources Market Outlook, By Type (2024-2032) ($MN)
  • Table 3 Global Distributed Energy Resources Market Outlook, By Control Architecture (2024-2032) ($MN)
  • Table 4 Global Distributed Energy Resources Market Outlook, By Decentralized Control (2024-2032) ($MN)
  • Table 5 Global Distributed Energy Resources Market Outlook, By Hybrid Control Systems (2024-2032) ($MN)
  • Table 6 Global Distributed Energy Resources Market Outlook, By AI-Driven Autonomous Control (2024-2032) ($MN)
  • Table 7 Global Distributed Energy Resources Market Outlook, By Installation Type (2024-2032) ($MN)
  • Table 8 Global Distributed Energy Resources Market Outlook, By Rooftop Systems (2024-2032) ($MN)
  • Table 9 Global Distributed Energy Resources Market Outlook, By Ground-Mounted Systems (2024-2032) ($MN)
  • Table 10 Global Distributed Energy Resources Market Outlook, By Mobile & Portable Units (2024-2032) ($MN)
  • Table 11 Global Distributed Energy Resources Market Outlook, By Model (2024-2032) ($MN)
  • Table 12 Global Distributed Energy Resources Market Outlook, By Ownership Model (2024-2032) ($MN)
  • Table 13 Global Distributed Energy Resources Market Outlook, By Utility-Owned DERs (2024-2032) ($MN)
  • Table 14 Global Distributed Energy Resources Market Outlook, By Third-Party-Owned DERs (2024-2032) ($MN)
  • Table 15 Global Distributed Energy Resources Market Outlook, By Community-Owned Systems (2024-2032) ($MN)
  • Table 16 Global Distributed Energy Resources Market Outlook, By Prosumer-Owned Assets (2024-2032) ($MN)
  • Table 17 Global Distributed Energy Resources Market Outlook, By Revenue Model (2024-2032) ($MN)
  • Table 18 Global Distributed Energy Resources Market Outlook, By Net Metering (2024-2032) ($MN)
  • Table 19 Global Distributed Energy Resources Market Outlook, By Feed-In Tariff (2024-2032) ($MN)
  • Table 20 Global Distributed Energy Resources Market Outlook, By Time-of-Use Pricing (2024-2032) ($MN)
  • Table 21 Global Distributed Energy Resources Market Outlook, By Peer-to-Peer Energy Trading (2024-2032) ($MN)
  • Table 22 Global Distributed Energy Resources Market Outlook, By Technology (2024-2032) ($MN)
  • Table 23 Global Distributed Energy Resources Market Outlook, By Solar PV (2024-2032) ($MN)
  • Table 24 Global Distributed Energy Resources Market Outlook, By Wind Micro-Turbines (2024-2032) ($MN)
  • Table 25 Global Distributed Energy Resources Market Outlook, By Fuel Cells (2024-2032) ($MN)
  • Table 26 Global Distributed Energy Resources Market Outlook, By Battery Energy Storage (2024-2032) ($MN)
  • Table 27 Global Distributed Energy Resources Market Outlook, By Micro-CHP Units (2024-2032) ($MN)
  • Table 28 Global Distributed Energy Resources Market Outlook, By Distributed Hydro & Other Renewables (2024-2032) ($MN)
  • Table 29 Global Distributed Energy Resources Market Outlook, By End User (2024-2032) ($MN)
  • Table 30 Global Distributed Energy Resources Market Outlook, By Households (2024-2032) ($MN)
  • Table 31 Global Distributed Energy Resources Market Outlook, By Commercial Establishments (2024-2032) ($MN)
  • Table 32 Global Distributed Energy Resources Market Outlook, By Industrial Enterprises (2024-2032) ($MN)
  • Table 33 Global Distributed Energy Resources Market Outlook, By Utility Operators (2024-2032) ($MN)
  • Table 34 Global Distributed Energy Resources Market Outlook, By Government & Municipal Bodies (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.