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.
ICYMI and are looking for some reading this weekend... Two #energyweb members ... (@Shell and @eliacorporate) shared insight into how they're levering #blockchain in the #energy sector, including the #OpenSource #EWDOS tech stack.
Back in September 2020, we announced a multiyear strategic partnership with ... @eliacorporate. They were already a founding #energyweb member and #EWChain validator. Now in these first weeks of 2021, Elia shares how the partnership is coming to life. (a thread)
Blockchain has the potential to accelerate the energy transition in many ways. ... Its been an exciting journey so far. Read more below #blockchain #energy https://www.shell.com/energy-and-innovation/digitalisation/news-room/blockchain-building-trust-to-enable-the-energy-transition.html?utm_source=linkedin&utm_medium=social&utm_content=energy-innovation_link_002-city-lights_&utm_campaign=projectsandtechnology_blockchain_jan-jan_2021
A new article from @sa_brink, #blockchain lead at #EnergyWeb member @Shell, does... a great job succinctly describing how blockchain can support the #EnergyTransition. ⚡️
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