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 open-source, decentralized, digital technologies.
But how will we keep the lights on if it's not always windy or sunny? ... ElectraFlex, which is built using @energywebx and @SunSpecAlliance #opensource tech, will showcase the role of digital solutions for managing clean-powered, responsive, & resilient grids https://medium.com/energy-web-insights/catalonian-grid-operator-electra-caldense-energy-web-and-bamboo-energy-announce-grid-flexibility-51c75e5bcc25
This is the future—distribution utilities digitizing operations, integrating ... with customer-owned DER, and balancing the grid from the bottom up @energywebx @energiaelect https://medium.com/energy-web-insights/catalonian-grid-operator-electra-caldense-energy-web-and-bamboo-energy-announce-grid-flexibility-51c75e5bcc25
one more example on the usefulness of EW-DOS. This project would not be possible... without #decentralised identities and #blockchain trust https://twitter.com/energywebx/status/1364207630038626311
We are excited today to announce the joint project ElectraFlex in partnership ... with Catalonian grid operator Electra Caldense (@EnergiaElectra @electradistrib) and Bamboo Energy (@CasePlatform).
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