Event Stream

Partner Country in Focus: USA

Tuesday, October 3, 2017 - 14:00 to 17:30

Event track:

Partner Country in Focus

Stream location:

Theatre Smart Metering

Description

The World’s Second Largest Energy Consumer: Distributed Energy and Its Impact to Markets, Technology and Regulation

This special session devoted to the latest Utility developments in the USA. We will also look at what are the key trends in the 2nd largest energy consumer in the world, with a specific lens on the business and technology evolution that is analogous to those experienced or predicted here in key European markets.

The US utility landscape has begun to feel the transformational effects of distributed energy resources (DERs). Distributed and automated architectures, and enabling technology such as Advanced Metering Infrastructure (AMI) and IoT deployments, are well on their way to becoming the norm across many large state markets. Today, growing momentum behind software and applications is now the prevailing grid edge technology trend, and bankable revenue streams for solutions like Distributed Energy Resource Management Systems and Utility Data Analytics, are center of attention to stimulate the next level of technology sophisticated needed to fully monetize distributed assets and help align market incentives.

However, states are at different maturities in their DER deployments, with energy storage a nascent technology in one region and bidding into wholesale markets or paring with solar to achieve grid parity in others. This has led to essentially 50 different state regulatory discussions, every wholesale market re-evaluating their rules of engagement, all on the backdrop of declining solar and energy storage system costs and policy uncertainty at the federal level. Put another way, DERs have almost single-handedly led many utilities down a path of fundamentally re-evaluating their business model as regulatory constructs also become more fluid.

Similarly, the European utility market is facing massive changes as additional renewable and intermittent capacity within and between national electricity markets. As returns at the wholesale level become increasingly uncertain, utilities have refocused investment and resources toward energy services for end-customers, often differentiating on DG offerings, solar plus storage in more progressive markets like Germany and the UK, and overall consumer acquisition and retention through home energy management solutions and the like.

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