BILLIONS OF $$$ AT THE GRID EDGE
Grid Edge Intelligence for DER Integration; Operational IT/OT, Distributed Monitoring and Control, and Communications Networks: Global Market Analysis and Forecasts
2Q 2015 (Navigant Research)
"The global utility business faces unprecedented challenges—and opportunities—as distributed energy resources (DER) proliferate. Thus, there is a growing need for more intelligence, control, and agility in the distribution grid, particularly at the edge, where many new disruptive resources and loads are located. To date, utility efforts have been largely reactive…In the longer term, grid edge intelligence and automation will enable the proactive development of markets…North America, Europe, and Asia Pacific have experienced the greatest penetrations of distributed renewables and other resources creating disruptive loads…[but] market trends have developed differently…According to Navigant Research, revenue for global grid edge technologies for DER is expected to grow from $8.5 billion in 2015 to $14.5 billion in 2024…” click here for more
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