Market Trends: Enabling Technologies For The Digital Grid
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Executive Summary
Rapid growth in renewables and distributed energy resources (DERs), along with increasingly extreme weather and aging grid infrastructure, are boosting the complexity of grid operations across electricity networks. At the same time, many firms are placing greater emphasis on operational efficiency. Legacy grids designed for centralized and predictable power flows are no longer suitable in the face of these challenges, accelerating the emergence and importance of the digital grid. This report examines the integrated layers of sensing, data, analytics and control technologies that enable the digital grid, along with vendor market structures and innovation trajectories across the market. The analysis provides utilities and technology vendors with a framework to understand the digital grid transition and its strategic implications.About the Authors
Isobel McPartlin
Analyst
Isobel is an Analyst at Verdantix, where she supports corporate decision-makers in navigating the energy transition through research on emerging energy solutions and net zero ...
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Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...
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