Market Research Report
DER Management Technologies - DERMSs, VPPs, and DER Analytics: Global Market Analysis and Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||948451|
|Published||Content info||42 Pages; 38 Tables, Charts & Figures
Delivery time: 1-2 business days
|DER Management Technologies - DERMSs, VPPs, and DER Analytics: Global Market Analysis and Forecasts|
|Published: July 2, 2020||Content info: 42 Pages; 38 Tables, Charts & Figures||
Utilities are in the middle of multiple paradigm shifts as digital transformation and proliferation of distributed energy resources (DER) converge to create increased complexity and opportunity. The gradual rise of DER has differing levels of positive and negative effects on grid stability and health. Some utilities are reactively trying to address DER technical challenges while others are striving to take on a more proactive approach. Most utilities would like to create value internally and for customers by balancing grid operations and planning with demand and DER output. A few utilities are even thinking about how to go a step further by enabling new markets to form around this new body of integrated DER.
For this step to occur, the grid must be reinforced with more intelligence and greater control resolution. Utilities are enabling higher levels of situational awareness through the advancement of digital transformation initiatives. DER management solutions are foundational to enabling this digital transformation while supporting energy industry transformation.
This Guidehouse Insights report analyzes the market for DER management software technologies, including DER management systems (DERMSs), virtual power plant (VPP) management systems, and DER analytics. It aims to enable current and prospective electric utility solutions and service providers to understand the drivers for projected demand and likely investment by utilities in DER integration solutions and services. The report provides forecasts and analysis for five global segments for 2020 through 2029.