New Distributed Energy Insights from Wood Mackenzie and Generac Grid Services
Source: · GENERAC GRID SERVICES · | January 16, 2022
Selecting the Right Engagement Model for the DER-Rich Future is Key to Unlocking Value
This is an exciting time for the utility industry. While reliability is still the hallmark of this 125-year-old industry, the movement towards sustainability is quickly exposing several parts of the current utility operating model in need of updates.
Central generation is becoming distributed; power flows are bi-directional, and perhaps most importantly, the participation of the customer is fast becoming central to how a utility needs to operate. Any customer that owns distributed energy resources such as rooftop solar or electric vehicles is now also a participant in the grid.
In this paper, Wood Mackenzie and Generac Grid Services explore the rapid growth of DERs and approaches utilities can take to manage them effectively and profitably. Download this paper to learn about:
The standard approach: "Megawatts Connected"
A different approach: "Megawatts Delivered"
Partnering: the need for allies in the DER ecosystem