Market Highlights

Distributed energy resource management is a system which takes care of the management of distributed energy resources (DERs) through the integration of hardware and software. In the current scenario, distributed energy resources (DERs) are highly in demand due to factors such as unexpected utility power outages, planned rolling blackouts, power quality issues, and increase power costs. Advancement in DERs have resulted into complexity of grid which is difficult to manage. For managing these DERs, electric utilities need to install proper management system such as DERMS for managing these DERs.

Distributed energy resource management (DERMS) is the management of distribution grid which is integrated with distributed energy resources (DERs). In order to tackle the current challenges related to distribution grid, electric utilities need new set of tools to manage highly penetrated DERs. These tools are a combination of different hardware and software that are integrated together in order to manage these resources properly. DERMS is a module which manages the DERs and traditional distribution assets such as capacitor banks, voltage regulators, and tap changers. This management system increases the grid reliability and performance of the DERs by significantly reducing the voltage excursions and maintain higher network stability.

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Industry Highlights

The global Distributed Energy Resource management market is set to witness significant growth due to increasing share of renewable power generation as well as growing government mandates and updated policies. For instance, substantial amount of capital has been invested in solar, energy storage, and customer energy management by almost 42 electric utilities. By building a strong portfolio of DER companies, electric utilities are exploring the potential value of DERs and their ability to increase customer engagement. Moreover, the modern grid is facing lot of evolutionary changes with regards to the adoption of more and more distributed energy resources. Increasing dependence on renewable energy resources is resulting into increasing complexity in the grid network. In order to minimize this complexity, electric utility operators are focusing on adopting a foolproof system which would help to manage these Many major companies around the globe are focusing on updating their offering with adding DERMS.

Prominent Players:

The key players of the global Distributed Energy Resource management market are ABB Ltd, Autogrid Systems, Inc., Siemens AG, General Electric, Open Access Technology International, Inc., Spirae, Inc., Schneider Electric, Enbala Power Networks, Inc., Doosan Gridtech, Inc, Blue Pillar, Inc., and Enernoc, Inc., among others

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Segmental Analysis:

The Distributed Energy Resource management market has been segmented based on end-user as industrial, government & municipalities, Commercial, residential, and military. Among these end-users, industrial segment is the largest segment in the distributed energy resource management market due to increasing investments being made by major players in setting up the DERMS platform. For instance, General Electric has invested in Enbala through GE energy ventures has also been committed to offer DERMS with collaborating with DUKE Energy’s Coalition of the Willing and Nice Grid Project. All these factors are likely to drive the market for Distributed Energy Resource management.

Regional Outlook:

Region wise, North America held the largest market share of the global Distributed Energy Resource Management Market in 2017. Distributed energy resources are expected to grow significantly across the US over the next 5 years. As of 2017, five classes of behind-the-meter DERs such as distributed solar, small-scale combined heat and power systems, electric vehicles, and energy storage contributed almost 46.4 GW of impact on the US summer peak. By 2023, this figure is expected to be more than double to 104 GW of flexible capacity. Moreover, electric utilities are also engaging their customers on the DER front. More than 100 US utilities have set up at least a basic DER marketplace. All these factors are likely to boost the DERMS market in the region.

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