Info-Tech Research Group's comprehensive blueprint offers
utility leaders a detailed approach to integrating distributed
energy resource management systems (DERMS). The research and
advisory firm's resource will enable utilities to effectively
address the complexities of a rapidly changing energy ecosystem
while optimizing grid performance and reliability.
TORONTO, May 20, 2024
/CNW/ - As the energy sector faces growing demands for
sustainability and efficiency, utilities are increasingly turning
to distributed energy resource management systems (DERMS) to
navigate these challenges effectively. The rapid increase in
distributed energy resources (DERs) emphasizes the need for a
paradigm shift and more sophisticated grid management systems to
accommodate this growing complexity. Addressing this pressing
issue, Info-Tech Research Group has published its latest research,
Fast-Track Your DERMS Business Case, a detailed blueprint
that guides utility leaders in justifying and implementing DERMS.
This essential research will support the industry in maintaining
grid stability, enhancing energy reliability, and ensuring a
seamless transition to more distributed energy models.
"The world has embraced a shift from a centralized energy
supply toward DER, a vital response to the rising consumer demand
for energy," says Jing Wu,
principal research director at Info-Tech Research Group. "DERs
have also become an integral component of nations' net-zero
pathways. However, the diverse nature of DERs, with their unique
characteristics and impacts on the grid, presents a set of
challenges for utilities to manage."
Info-Tech's industry research highlights that utility leaders
face significant hurdles in justifying the adoption of DERMS within
their organizations. The blueprint outlines the dual challenges of
demonstrating the broad benefits that DERMS offers for aligning
with the rapidly evolving energy landscape as well as grasping how
these systems can integrate seamlessly into existing grid
infrastructures. However, given the quick pace of changes in the
energy sector and regulatory frameworks, utilities can no longer
afford to overlook the need for an intelligent DERMS solution. The
firm suggests that expediting business case development efforts for
DERMS can empower leaders to make faster, more informed decisions,
thereby ensuring grid modernization and stability.
"As the penetration of DER reaches certain critical levels,
existing systems and processes become insufficient for handling the
growing number of interconnection requests," explains Wu.
"This fundamental paradigm shift highlights the complexity of
gird management to ensure reliability and stability. DERMS provide
intelligence, flexibility, and processing power, empowering system
operators and engineers to enhance decision-making."
The firm advises that utility leaders should adopt a holistic
and efficient approach in crafting a robust DERMS business
strategy. Through exploration of DERMS case studies and business
scenarios, utility leaders can better understand factors that shape
an effective business strategy. In its newly published blueprint,
Info-Tech outlines the following framework for utility leaders to
consider when building a DERMS business case:
Vision and strategy alignment
- Ensure the DERMS implementation aligns with the organization's
vision and strategic goals, highlighting its crucial role in
achieving future objectives.
Roadmap to close the gap
- Evaluate the current state and identify pain points that could
hinder reaching strategic goals, detailing how the proposed
architecture will bridge these gaps.
Impact on the organization
- Identify the internal stakeholders and processes that will be
impacted and provide a comprehensive cost-benefit analysis to
strengthen the business case.
Pragmatic steps to ensure success
- Outline a strategic plan for a successful DERMS rollout,
pinpointing potential risks and strategies to mitigate any barriers
to success.
The integration of DERMS not only accelerates interconnection
impact analysis and commissioning processes but also contributes
significantly to the evolving energy landscape by meeting the
urgent needs of today's energy sector.
As detailed in Info-Tech's comprehensive blueprint, the
implementation of DERMS helps utility leaders navigate the
complexities of distributed energy resources, ensuring smoother
transitions and integration into existing grid infrastructures.
This transition is critical for maintaining grid stability and
enhancing energy reliability. By effectively reducing application
timelines and improving operational efficiencies, DERMS can lead to
lower energy costs for consumers, making a compelling case for
their adoption in a more sustainable and efficient energy
future.
For exclusive and timely commentary from Jing Wu, an expert in the utility technology
market, and access to the complete Fast-Track Your DERMS
Business Case blueprint, please contact
pr@infotech.com.
Info-Tech LIVE 2024
Registration is now open for Info-Tech Research Group's annual
IT conference, Info-Tech LIVE 2024, taking place September 17 to 19, 2024, at the iconic Bellagio
in Las Vegas. This premier event
offers journalists, podcasters, and media influencers access to
exclusive content, the latest IT research and trends, and the
opportunity to interview industry experts, analysts, and speakers.
To apply for media passes to attend the event or to gain access to
research and expert insights on trending topics, please contact
pr@infotech.com.
About Info-Tech Research
Group
Info-Tech Research Group is one of the world's leading
research and advisory firms, proudly serving over 30,000 IT and HR
professionals. The company produces unbiased, highly relevant
research and provides advisory services to help leaders make
strategic, timely, and well-informed decisions. For nearly 30
years, Info-Tech has partnered closely with teams to provide them
with everything they need, from actionable tools to analyst
guidance, ensuring they deliver measurable results for their
organizations.
To learn more about Info-Tech's divisions, visit McLean &
Company for HR research and advisory
services and SoftwareReviews for software buying
insights.
Media professionals can register for unrestricted access to
research across IT, HR, and software and hundreds of industry
analysts through the firm's Media Insiders program. To gain access,
contact pr@infotech.com.
For information about Info-Tech Research Group or to access the
latest research, visit infotech.com and connect via
LinkedIn and X.
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SOURCE Info-Tech Research Group