distributed energy management
Information by Research TrustFinance
Distributed Energy Management, often part of a Distributed Energy Resource Management System (DERMS), is a technological field focused on managing a network of decentralized power generation and storage assets. The mission of this sector is to enhance grid stability, reliability, and efficiency by intelligently coordinating numerous small-scale energy resources. This approach helps integrate renewable energy sources, reduce peak demand on the central grid, and provide new energy services. The history of this concept has evolved with the rise of renewable energy, smart grid technology, and the increasing need for a more resilient and flexible electrical grid. Companies in this space (such as Siemens, Schneider Electric, and Generac) develop the software platforms and hardware to make this management possible.
United States
Industry
- Software DevelopmentPRIMARY
Technology
- Other Service
Financial