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.
“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
Subscribe to our email newsletter today to receive updates.
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.
