Market Research Report
Edge Computing and Distributed Intelligence for Grid Operations - AMI, Distribution Automation, Volt/VAR Optimization, Smart Inverters and DER Integration: Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||656851|
|Published||Content info||50 Pages; 44 Tables, Charts & Figures
|Edge Computing and Distributed Intelligence for Grid Operations - AMI, Distribution Automation, Volt/VAR Optimization, Smart Inverters and DER Integration: Global Market Analysis and Forecasts|
|Published: June 25, 2018||Content info: 50 Pages; 44 Tables, Charts & Figures||
The global utility business faces unprecedented challenges and opportunities. Today's electric grid is transforming into a smart grid and will eventually become what Navigant Consulting, Inc. (Navigant) has dubbed the Neural Grid. Digitization technologies and strategies are pervasive in the grid, and distributed intelligence is being pushed further out on the grid than ever before. The propagation of distributed energy resources (DER)-along with mounting demand for enhanced grid performance and flexibility-is driving the growing need for intelligence, control, and flexibility in the distribution grid. This need is magnified at the grid edge, where many new disruptive resources and their associated load dynamics are located.
To date, utility efforts have been largely reactive, focused on issues caused by distribution grid asset failures, renewables intermittency, shifting loads, capacity constraints, and bidirectional power flows. In the longer term, grid edge intelligence and automation will enable the proactive development of markets for aggregated clean resources and services; reliable, efficient, and self-healing power delivery networks; and end-to-end integrated grid management strategies. Navigant Research has identified key technologies such as advanced metering infrastructure (AMI), distribution automation (DA), Volt/VAR optimization (VVO), smart inverters, and DER integration, among others, that are poised to lead the grid edge into the digital age.
This Navigant Research report defines the technologies and strategies being deployed at the grid edge. The study examines the chief market drivers and barriers, as well as the regional and global trends, affecting the deployment of grid edge computing solutions. Global market forecasts, segmented by category, technology, and region, extend through 2027. The report also provides an overview of grid edge computing applications and the key industry players.