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.

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Segmentation

Global distributed energy resource management market has been segmented based on technology, software, end-user, and region.

Based on technology, the market has been classified into solar PV, wind, combined heat & power, and others. Wind segment dominates the market as many offshore turbines are being installed for catering to increasing energy demand. Moreover, wind energy in Europe will witness a growth of an average of 16.5 GW per year till 2022. Every large turbine would contribute to drive this growth with 4 MW+ and 8 MW+ now becoming the new norm in onshore as well as offshore wind respectively.

Based on software, the market has been segmented as analytics, management & control, and virtual power plants. Analytics segment is expected to dominate the market during the forecast period as predictive analytics solutions helps to improve efficiency, reduce costs, and better interact with their customers.

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Key Players

The key players of 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.

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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