Clean Energy Market Report on DERMS for Modern Utilities Authored by Krishnan & Associates
Krishnan & Associates, a full-service clean energy & energy transition focused marketing and research firm recently worked with Oracle to develop a market report that gives an overview of the global energy transition and how it is driving the need for Distributed Energy Resource Management Systems (DERMS) to protect and maintain the integrity of the electric grid.
The report outlines key market developments driving the need for DERMS, such as:
- Global renewable electricity capacity additions reached an estimated 507 GW in 2023, almost 50% higher than in 2022.
- Solar PV and wind additions are forecast to more than double by 2028 compared with 2022, continuously breaking records over the forecast period to reach almost 710 GW**.
**IEA, Renewables 2023, https://www.iea.org/reports/renewables-2023/electricity
This shift to greener power brings new challenges to grid operators who must manage these variable resources while ensuring safe and reliable power. As a result, many leading utilities worldwide have recognized the importance of DERMS in managing the increasing penetration of DERs.
Whether you have provisioned for a future DERMS development or you became an early adopter of the technology with a full-scale deployment to assess its effectiveness in optimizing DER integration and grid operations, this report Empowering the Grid: Unveiling the Potential of DERMS in Modern Utilities is right for you.
Krishnan & Associates was responsible for the primary and secondary energy market research as well as the technical writing, content development, and graphic design for this report.
The K&A research team compiled responses from many open-ended interviews then compiled and analyzed the information data to provide comprehensive view of the market and what trends are impacting DERMS implementation. This report covers the following main topics:
Executive Summary
Empowering the Grid: Unveiling the Potential of DERMS in Modern Utilities
Utility Survey Findings
Study Summary
Harnessing Distributed Energy: Oracle's DERMS Solution Spotlight
Frequently Asked Questions – Utility Perspective
Appendix A: Industry Trends Driving the Transition
If you have any interest in conducting your own research report, either for publication or internal stakeholder use, please contact the Krishnan & Associates team. Our expert staff has decades of experience in successfully executing clean energy market research projects.