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 #EnergyWeb project is so exciting because it has tremendous ... transformative potential, not just for Europe, but for power grids around the world. We are catching a glimpse of the future electricity system...”
Really pumped about this one: with support from @Google we'll be partnering with... utilities across Europe throughout 2021 to deploy the open source @energywebx stack. Our vision = enable any device to participate in local & regional energy markets in support of 100% green grids!
this ... https://medium.com/energy-web-insights/google-backs-energy-web-to-harmonize-low-carbon-electricity-markets-across-europe-204c18cd2f12
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