Understanding the Role of Distributed Energy Resource Management Systems in Modern Power Grids
Introduction:
Body:
- What is DERMS?
- Explanation of DERMS in managing distributed energy resources such as solar, wind, and storage systems.
- Its importance in balancing the supply-demand of power across the grid.
- Growth Drivers in the DERMS Market:
- Government initiatives promoting renewable energy adoption.
- Increasing investments in grid modernization.
- Rising environmental concerns and emission regulations driving DERMS adoption.
- Market Trends and Innovations:
- The role of AI and IoT in DERMS for predictive analytics and real-time data monitoring.
- New developments in demand response programs through DERMS.
Conclusion: