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.
We've added an explainer on decentralized identifiers (DIDs) to our site. Learn ... how these "digital passports" for both energy sector participants & assets can help improve the way we interact with our #electricity systems. #digitalization #futureofenergy https://www.energyweb.org/technology/middleware/did-explainer/
"we call #EV industry players to make use of newly available technologies such ... as #EWDOS to launch leapfrog solutions in the EV sector." Read how public #blockchain + EVs can speed #decarbonization and more, from EW's @DougJMillerJr & Meerim Ruslanova. https://www.greenbiz.com/article/how-public-blockchain-could-unlock-decarbonization-and-economic-potential-evs
More #utilities are jumping on the #renewableenergy bandwagon as they realize ... it's often the "safe bet." Just another day in the ongoing #energytransition. https://www.greentechmedia.com/articles/read/as-fossil-fuel-pipelines-fall-to-opposition-can-clean-energy-replace-them
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