By now, you have surely come across the term DERMS, which stands for Distributed Energy Resource Management System. But what exactly does this mean? What does it do and why should you care? Who are the major players offering and implementing DERMS?GTM Research, the research and analysis department of Greentech Media, holds a magnifying glass up to DERMS, diving into its complex ecosystem of technologies, deployments, and opportunities in the report entitled “Distributed Energy Resource Management Systems 2014.” The report has recently become available for download at a cost; however, a recently published analyst spotlight article gives a valuable overview of what you can find in the report, which highlights major DERMS vendors like Enbala as well as why utilities are getting more and more interested in this type of platform.
The below snippet from the article uses wind integration as an example of what exactly a DERMS can do for a utility.
A DERMS solution’s most important function is managing distributed energy resources, a process which is enabled through the bidirectional exchange of information. Take bulk wind generation in the Pacific Northwest or Canadian Maritimes as an example: in order to offset power intermittencies from larger, transmission-scale renewable deployments, more rapidly dispatchable generation and/or load resources are required to provide fast-reacting bursts of energy (typically within a time span of less than four seconds). Distributed solutions, such as those offered by vendors including Enbala, Spirae, and Smarter Grid Solutions, promote field-level control with embedded processing that enables such rapid decision-making.
The report also includes some market forecasting – GTM Research expects the North American DERMS software market to more than double by 2018 to $110 million. The main driver behind this jump is grid operators’ increasing need for visibility, optimization, and enhanced control of distributed energy resources, including generation, storage, and demand response.
Check out the analyst spotlight article here and get more details on DERMS market forecasting here. If you are interested in getting to the meat of DERMS through GTM Research’s report, download the brochure or purchase the full report.