Market research firm Navigant Research has announced the top ranked providers of distributed energy resources management systems (DERMS).
The “Navigant Research Leaderboard: DERMS Vendors” report assessed the strategy and execution of 16 vendors for distributed energy resources and grid management and ranked Siemens as number one on the leaderboard.
DERMS and the data driven grid
Navigant Research, reports that "a DERMS is a control system that enables utilities to dispatch and control distributed energy resources, minimise power disruptions and manage a grid proactively."
Global trends – ie: changes in policy and emerging new markets and business models for utilities – are impacting the market for distributed energy resources.
Changes in the energy sector are particularly being impacted by the decentralisation of power and bi-directional power flows from multiple energy providers. Within this scenario, consumers often turn into prosumers of energy. This is further coupled with the growing share of electrical power generated from renewable energy sources, an increase in electric vehicles and their chargers, as well as the prevalence of battery storage systems present new opportunities and challenges for power grid operators and utilities.
Says Roberto Rodriguez Labastida, Senior Research Analyst at Navigant Research: “Siemens offers a comprehensive solution for grid-to-edge customer management."
According to the report, the company scored 100 in the Product Portfolio and Ecosystem criteria in terms of Execution.
“There is a significant change in the power sector. Energy management systems need to allow the broad integration of renewable energy and assets such as battery storage or e-car charging stations, while maintaining grid stability. We are thrilled that Navigant Research acknowledges our standing in the market with our offering for managing distributed energy resources, as energy systems become more complex,” said Sabine Erlinghagen, CEO Digital Grid at Siemens Smart Infrastructure.
Siemens’ Integrated DERMS Solution is aimed at helping utilities visualise, manage and economically optimise distributed energy resources such as solar photovoltaic power and grid-scale battery storage in the power grid.