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.
I'm happy to represent the @energywebx at the https://www.defi-for-good.com/ ... conference on June 7. Join me at 13:30 CEST to discuss how we can achieve the United Nations (UN) Sustainable Developments Goals (SDG)
Excited to see @ArgoBlockchain and @dmgblockchain join the @CryptoClimAcc as ... signatories and spearhead a 'green hash rate' solution. The movement to #makecryptogreen is accelerating, via @CoinDesk. https://www.coindesk.com/argo-and-dmg-join-group-working-to-lower-bitcoin-miners-carbon-emissions
This week's @Tesla $BTC announcement is bigger than #crypto and bigger than ... #electricvehicles, because it's about BOTH. With $EWT, the #EnergyWeb tech stack, and the @CryptoClimAcc, we can #makecryptogreen while decarbonizing the global energy sector. You in, @elonmusk?
Congratulations to longtime #EnergyWeb member and California utility @PGE4Me for... being named to the @SEPAPower Utility Transformation Leaderboard, recognizing progressive, cutting-edge utilities accelerating a clean, modern, digital grid.
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