DER Management Technologies Market: Overview
Distributed energy resources (DER) are electricity generation units (typically in the range of 3 kW to 50 MW) located within an electricity distribution system at or near the end user. These units are parallel to the electric utility or stand-alone units. DER have been in use for several years and are known by different names such as generators, back-up generators, or on-site power systems. Terms that are used within the electricity industry include distributed generation (DG), distributed power (DP), and DER. Distributed generation is a technology that produces power outside of the utility grid (e.g. fuel cells, micro-turbines, and photovoltaics). Distributed power is a technology that produces or stores power (e.g. batteries and flywheels) and Distributed energy resources (DER) is a technology that is included in DG and DP. Under DER, power can be sold back to the grid where permitted by regulation.
DER Management Technologies Market: Dynamics and Trends
Smart grid, micro-grid, and storage deployments are advancing the scope and reach of distributed energy resources management technologies. Distributed energy resources (DER) are growing globally and network operators are facing the challenge of integrating technologies of low-carbon energy and operating a more flexible system. Smart grid solutions is an innovative technology in DER integration and control products. This provides optimum and efficient energy management services for power utilities as well as for DER operators. Distributed energy resources can be integrated to provide power required to meet the regular demand. As electricity grids continue to modernize, DER management technologies such as storage and advanced renewable technologies can help facilitate the transition to smart grid. In order to deploy DER in an efficient, widespread, and cost-effective manner; complex integration with the existing electricity grid is required. DER is considered as the next-age electricity infrastructure with integration and smooth transition of the electricity generation industry. Grid edge technologies for DER integration are being deployed by utilities. This solution would help utilities deal with ageing grid infrastructure or outages during storms. In the recent years, residential and commercial customers are taking advantage of decreasing cost of the technology as well as favorable government policies to adopt DER including solar photovoltaic (rooftop solar) batteries, wind turbines, diesel generators, energy management systems, electric vehicles, and energy storage systems. Due to integration of DER management technologies into distribution grids, strong communication channels to send commands on customer’s choices have developed.
Browse more detail information about this report visit at at https://www.transparencymarketresearch.com/der-management-technologies-market.html
DER Management Technologies Market: Segmentation
The DER management technologies market can be segmented by DER management (DER analytics, DER management systems, and virtual power plant systems); by technology (micro-turbines, combustion turbines, IC engines, sterling engines, fuel cells, energy storage/UPS systems, and others); by application (hospitals, industrial plants, computer data centers, and others); and by region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
DER Management Technologies Market: Region-wise Outlook
Progressive utilities, in the U.S. in particular, are expected to drive the market for DER management technologies during the forecast period. Asia Pacific and Europe are expected to witness growth of the market in the near future. Latin America and Middle East & Africa are likely to maintain limited deployments of DER management technologies in the next few years.
DER Management Technologies Market: Key Players
Request For Custom Research At https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=22289&source=atm
Key players operating in the global DER management technologies market are ABB, AutoGrid, Comverge, Doosan, GridTech, ENBALA Power Networks, GE, OATI, Schneider Electric, and Siemens.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis
The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Request for TOC of This Report visit at https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=22289&source=atm
This post was originally published on The Market Plan