The Decarbonization, decentralization and digitization of the energy market result in the emergence of new and complex challenges related to energy delivery and grid management.
The evolution to multi-directional energy and data flows and limited visibility to load and DER generation adds stress on distribution, transmission and control room personnel as well as the assets themselves. This (r)evolution is also driving new opportunities and innovative business models, such as Behind the Meter (BTM) applications, ancillary services and peer-to-peer energy markets.
Existing solutions, such as Advanced Distribution Management Systems (ADMS), Demand Response (DR) and Virtual Power Plant (VPP) platforms were not designed to cope with these new challenges and opportunities.
New types of smart, data-driven, customer-responsive and flexible management and control systems are required to orchestrate and optimize the new grid edge in unison with legacy assets.