By 2030, customer investment in distributed energy resources (DERs) is expected to increase tenfold to over $2 trillion, nearly three times greater than today’s global utility investment in generation, transmission, and distribution assets. That number doesn’t even include global smart meter deployments, whose market penetration is forecast to reach 59% by 2028, up from 41% (780 million) today.
Grid operators—including vertically integrated utilities, distribution system operators (DSOs), and transmission system operators (TSOs)—will need to scale processes for asset registration, pre-qualification, dispatch, and settlement for these millions (and eventually, billions) of DERs, including rooftop solar, storage, building controls, smart appliances, and electric vehicles.
Digital solutions like our EW Flex software development toolkit can help grid operators tap into the vast and growing pool of customer-owned and -sited assets, while enabling customers to improve the economics of DER ownership via increased participation in a variety of wholesale energy markets and/or demand-side management programs.
The Energy Web is accelerating a low-carbon, customer-centric electricity system by unleashing the potential of blockchain and other decentralized technologies.
For @greentechmedia squared members: Learn more about some of the challenges to ... widespread #DER adoption and grid-integration and how they're being handled.
https://www.greentechmedia.com/squared/dispatches-from-the-grid-edge/grid-edge-mega-trends-bridging-the-distributed-energy-wholesale-market-divide
Have you had a chance to read about all that's new in #EWDOS? Learn more about ... the latest updates and improvements here:
https://medium.com/energy-web-insights/energy-web-releases-update-to-ew-dos-technology-stack-7222754575d0
For us, #blockchain met #IoT in the #energy sector when we partnered w/ ... @VodafoneIoT to better connect distributed assets with the grid. But it's interesting to see what that same technology pair is achieving in other areas like food safety. @Cointelegraph https://cointelegraph.com/consulting/vechain/when-blockchain-meets-iot-ensuring-food-safety-in-the-2020s?utm_source=cointelegraph&utm_medium=banner&utm_campaign=ctc_report_vechain&utm_content=main-page-desktop
Attention EW Members! Check your inbox for details on our upcoming members-only ... webinar: #EnergyWeb Tokens At Work: Utility Layer Benefits for EW Members. Happening next Wednesday the 15th. #EWT
Electric #utilities have a responsibility to #actonclimate, and do so quickly. ... We applaud all the #EnergyWeb member utilities who have chosen to support the tech-driven transition to #cleanpower.
Subscribe to our email newsletter today to receive updates on the latest news and blockchain technology.
Energy Web is incorporated in Zug, Switzerland
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
